Merchant Cash Advance Blursoft

Merchant Cash Advance Blursoft Review

Merchant Cash Advance Blursoft is offered by Blursoft, a nonbank financial services provider founded in and based in New York,, NY. Merchant Cash Advance Blursoft are available in 50 states (and Washington, DC).

Merchant Cash Advance Blursoft FAQ

Does Merchant Cash Advance Blursoft charge prepayment fees?

Yes, Merchant Cash Advance Blursoft charges additional fees to borrowers who pay off their Merchant Cash Advance Blursoft sooner than anticipated. Take this into consideration when choosing a lender because prepayment penalties can reduce or even cancel the interest savings of repaying a Merchant Cash Advance Blursoft early.

How much cash can you advance from Merchant Cash Advance Blursoft?

Cash advance amounts start at $5,000 and go up to $500,000.

How often does Merchant Cash Advance Blursoft process payments?

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

Does Merchant Cash Advance Blursoft charge an origination fee?

Yes, Merchant Cash Advance Blursoft charges a origination fee.

What is the minimum repayment amount required by Merchant Cash Advance Blursoft?

There is no minimum repayment ammount.

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

Merchant Cash Advance Blursoft 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 Merchant Cash Advance Blursoft?

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

• Business license
• Business bank account

What do you need to qualify for Merchant Cash Advance Blursoft?

Applicants with a credit score that ranges from 500 may be eligible for Merchant Cash Advance Blursoft. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

Merchant Cash Advance Blursoft 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 Merchant Cash Advance Blursoft. 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 Merchant Cash Advance Blursoft.

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

• Driver's license

What limitations does Merchant Cash Advance Blursoft set on the purpose of the merchant cash advance?

Merchant Cash Advance Blursoft 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