MerchantCard is An Ongoing Access to Cash Card that provides immediate funds to Business Owners when they need it.
There is no traditional personal guarantee, and because this is not a loan, there is no fixed payment schedule or collateral required.
Along with a MerchantCard, you will be setup with a merchant account to facilitate the payback process while enabling your business to accept credit cards as a form of payment.
If you already accept credit cards, your rates and fees will remain the same while MerchantCard will provide you with the Financing and Security you need to grow and support your business.
MerchantCard is essential for every business owner to build business credit by reporting positive payback to Dun & Bradstreet, Experian, and Nexus Lexus. We highly recommend that you apply for one now.
1. Reports only positive payments (Not Availability) to: D&B, Experian and Lexus Nexus.
2. Having a MerchantCard will not effect your ability to get a loan or another credit card.
3. Can be used worldwide at any location that accepts VISA/MasterCard or any ATM.
4. Simple approval process for availability of $1,000 - $250,000 per location.
5. Approval is based on your monthly sales volume, not personal credit.
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Programs and service offerings/specifications are subject to change without notice. Please consult with your Advisor for current details. Seek Tax Advice from your Tax Professsional.