Fast Business Financial Merchant Cash Advance

Fast Business Financial Merchant Cash Advance Review

Fast Business Financial Merchant Cash Advance is offered by Fast Business Financial, LLC, a direct lender founded in 2014 and based in Los Angeles, CA. Fast Business Financial Merchant Cash Advance are available in 50 states (and Washington, DC).

Fast Business Financial Merchant Cash Advance FAQ

Does Fast Business Financial Merchant Cash Advance charge prepayment fees?

No, Fast Business Financial Merchant Cash Advance does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the Fast Business Financial Merchant Cash Advance off early.

What types of repayment method does Fast Business Financial Merchant Cash Advance accept?

Fast Business Financial Merchant Cash Advance accepts the following repayment method from the Merchant:

• Split withholding
• ACH withholding

How often does Fast Business Financial Merchant Cash Advance process payments?

Fast Business Financial Merchant Cash Advance processes payments daily based on your business's credit card transactions. This means that a percentage of your transactions will automatically be sent to Fast Business Financial Merchant Cash Advance as payment for your cash advance until the full amount is paid.

Does Fast Business Financial Merchant Cash Advance charge an origination fee?

Yes, Fast Business Financial Merchant Cash Advance charges a origination fee.

What is the minimum repayment amount required by Fast Business Financial Merchant Cash Advance?

There is no minimum repayment ammount.

What is the estimated funding time for a merchant cash advance via Fast Business Financial Merchant Cash Advance?

Fast Business Financial Merchant Cash Advance can approve (or deny) a merchant cash advance application within 24 hours and fund your merchant cash advance within 1 business day of approval.

What are the business financing requirements for Fast Business Financial Merchant Cash Advance?

To apply for Fast Business Financial Merchant Cash Advance, you need to provide the following business documentation:

• Business license
• Business bank account

What do you need to qualify for Fast Business Financial Merchant Cash Advance?

Fast Business Financial Merchant Cash Advance does not require or does not disclose a credit score minimum. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

Fast Business Financial Merchant Cash Advance does not have or does not disclose a minimum annual income eligibility requirement.

The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. Active duty service members and their covered dependents are eligible to apply for a loan via Fast Business Financial Merchant Cash Advance. Their rates fall within the limits of The Military Lending Act.

U.S. citizens and permanent resident / green card holders are eligible to apply for the services offered by Fast Business Financial Merchant Cash Advance.

To qualify, applicants may need to provide the following documentation:

• Proof of income
• Recent bank statements
• Business formation documents
• Government issued photo ID

What limitations does Fast Business Financial Merchant Cash Advance set on the purpose of the merchant cash advance?

Fast Business Financial Merchant Cash Advance considers merchant cash advance applications for business purposes, such as:

• Business debt refinance
• Emergency repairs
• Equipment purchase
• Hiring
• Inventory
• Lease improvement
• Marketing
• New location
• Payroll
• Product or service expansion
• Technology investment
• Working capital