Collateral Requirements

If you are looking to open a new location or if you are redesigning or expanding your current location you may very well find yourself in need of additional capital. If you have tried your local bank or the SBA then you are already aware that a traditional business loans often requires collateral.

If you are like most small or mid-sized businesses than you are likely to lease your location or have an existing lien on your owned property. If this sounds like your situation don’t despair, a business cash advance from Pro Business Capital may be just what you need. We can provide you a completely unsecured advance from $2500 to $250,000 against your future credit card sales. Unlike most traditional business loans, a merchant advance does not require you to own commercial property or your equipment. We base our underwriting decision on your most recent credit card sales, overall sales, type of business you own, and we allow you to use the advance for any business purpose.

Since this is an advance and not a loan, there are no set monthly payments, no collateral or personal guarantees, limited or poor credit is ok and there are no tax returns required, and since our decision is not based on the equity of your property it does not matter if it is already encumbered. You can receive an advance from $2500 to $250,000 in as little as a week and your repayment is based on your future credit card sales, a small agreed upon percentage of your Visa/MasterCard sales are automatically taken out each month until the advance is paid back, we don’t get paid until you do.