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Credit Card Cash Advance

Get cash today for future receivables

Questions?

(732) 692-4620

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Currently, there are a lot of small businesses that rely primarily on credit card sales, who are now facing many ongoing challenges to meet their operating revenue needs. This is because it can take weeks or even months to receive the full amount of receivables from credit card processing companies. A Credit Card Cash Advance from CornerStone Finance is a simple quick solution to get the cash you desperately need to keep your business running at full efficiency.

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Fast Approvals

In as little as 2 hours!

Advantages of a CornerStone Finance Credit Card Cash Advance

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Immediate cash

Get the funds you need ASAP

Super easy to qualify for

You don't need the best FICO credit scores, a ton of collateral, or a long business history to qualify for a Credit Card Cash Advance with CornerStone. Approval is based primarily on your previous and expected credit card sales volume.

Flexible payment terms

Only pay what your cash flow allows

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No personal guarantee required

Funding amounts range from $5,000 all the way to $1 million

How it Works

With a Credit Card Cash Advance, you will be able to receive an immediate up front lump sum payment. The amount of the loan you are able to qualify for is based on your measurable credit card sales. (**You will need to be working with or switch to one of these following processors: Integrity Payment Systems, IRN Payment Systems, or Priority.)

Loan payments are automatically made on a daily basis based on a fixed percentage of your expected sales, which is known as the Holdback Rate. Typical holdback rates range between 8% and 15% of daily sales.

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Financing That Fits Your Business Cycle

Traditional business loans tend to be a problem for seasonal businesses and/or start-ups, due to them requiring fixed payments regardless of how well the business is doing. With a Credit Card Cash Advance from CornerStone, the amount you pay back is based on your ongoing sales volume, so you only pay what your cash flow can handle. You also have the flexibility to pay off more of the loan during your most busy months. Then, during times when your business is more quiet, your payments can lower.

A great way to build your credit

When you consistently make full payments on your Credit Card Cash Advance on time, your FICO score will be positively affected. This puts you in a much stronger position to attain even more favorable rates and terms on future small business loans.

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How to Apply

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Get your docs together

You'll need to provide at least 3 months of business bank statements and credit card processing statements with your application.

Call or complete our Online Application

To get started, simply complete and submit our Online Application or give us a quick call at (732) 692-4620.

We'll do the rest!

Our expert small business lenders will gather and review your information and contact you to explain your available options and ensure the approval process is quick and easy!

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The Loan You Need, Right When You Need It!

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