Merchant Cash Advance*
Grow your business with working capital from AdvanceMe, Inc. (AMI). In as few as five business days, you can have access to a Merchant Cash Advance of up to $150,000, per location – helping you fuel growth, remodel existing locations, purchase new equipment, fund promotional programs and more.
Through AdvanceMe, Inc. (AMI), you can gain access to working capital in as few as five days – of up to $150,000, per location. With this innovative program, valued Midwest BankCentre customers have easy access to capital to help fuel growth, remodel existing locations, purchase new equipment, fund promotional programs and more – all without having to go through the lengthy and challenging process of applying for a business loan.
Funding is integrated with your credit card processing so the entire process is aligned with your business' credit card revenue, making it easier to manage your business' finances. You don't need any personal collateral. There are no monthly checks to write or bills that will pile up. All you have to do is stay focused on growing your business.
Just think of how nice it would be to have a check in-hand in just five days – cash you can spend on whatever your business needs.
- Open New Locations
- Remodel Existing Locations
- Purchase Equipment and Inventory
- Start Advertising Programs
- Pay Taxes
- Handle Payroll
- Manage Unexpected Business Expenses
- And much more!
How it Works
The no-fee, no-obligation application process includes five simple steps.
Contact a Midwest BankCentre representative to complete the qualification process including an evaluation of your last four credit card statements and verification of a $5,000 monthly credit card volume.
Upon qualification, a fixed amount of your future credit card receivables is purchased at a discount. In exchange, you receive a lump sum of working capital deposited into your business' bank account in as few as five business days.
TRANSFIRST automatically retrieves a fixed, pre-determined percentage from each card sale when it is settled.
Simply go online 24/7 to view your statement.
Retrieval stops automatically when the full amount is received – generally fewer than 12 months.
How to Apply
Contact your Midwest BankCentre representative and start growing your business with a Merchant Cash Advance today! Call 314-631-5500.
We welcome the opportunity to help you make sound decisions about which business banking products will benefit you. Contact our business banking advisors today!
*Offered through AdvanceMe, Inc. (AMI)