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Edit Business | Advanceit Financial Corp.
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About Advanceit understands small businesses. We provide fast merchant cash advances to run your business in times of need, or in times of growth. We help you run your business smarter. Story What would you do with your business, if you had a large, lump some of cash as early as next week? Advanceit provides exactly that, through merchant cash advances for qualified Canadian small businesses. What’s more, Advanceit really understands the unique needs of small businesses. We approve those in industries often overlooked by traditional lenders, such a banks. We also deliver cash faster, with an easy online application and a lot less paperwork. Why is a merchant cash advance ideal for small businesses? Here are a few things you should know, that could change the way you do business forever: • No collateral or established credit record needed This isn’t a loan, so those bank rules don’t apply! • No fixed repayment schedule We get paid back when you get paid! • Payments linked to your sales If sales are slow, your repayment installments are smaller. • No fixed repayment timeframe There is no due date, and no penalties. What can I use the money for? The short answer is: anything you want! Advanceit clients have used their merchant cash advance for: • Expansion • Inventory • Advertising • Payroll • Emergencies • Bills or taxes • A lot more! If it’s not a loan, how does repayment work? The process is very simple, and happens automatically, a little bit each day! 1. Advanceit buys a fixed dollar amount of your future debit & credit card sales at a discount. 2. Through an automated process, we take a small percentage of your daily sales from your account, when a sale is made using a debit or credit card. The rate at which we collect your money will be determined when you apply. 3. As your sales go up and down, so do your repayments. (This is why Advenceit’s merchant cash advances have no fixed timeframe and no fixed payment schedule .) What are you waiting for? Mission To help Canadian small and medium sized business grow! Products Merchant Funding Alternative Financing Merchant Cash Advance Business Cash Advance Restaurant Cash Advance Auto Shop Cash Advance Salon Cash Advance
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