Strategic Nationwide Funding Merchant Cash Advance Review

Strategic Nationwide Funding Merchant Cash Advance is offered by Strategic Nationwide Funding, a direct lender founded in 2010 and based in Friday Harbor, WA. Strategic Nationwide Funding Merchant Cash Advance is available in 50 states (and Washington, DC).

Does Strategic Nationwide Funding Merchant Cash Advance charge prepayment fees?

Yes, Strategic Nationwide Funding Merchant Cash Advance charges additional fees to borrowers who pay off their Strategic Nationwide Funding Merchant Cash Advance 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 Strategic Nationwide Funding Merchant Cash Advance early.

How much cash can you advance from Strategic Nationwide Funding Merchant Cash Advance?

Cash advance amounts start at $10,000 and go up to $1,000,000.

Does Strategic Nationwide Funding Merchant Cash Advance charge an origination fee?

Yes, Strategic Nationwide Funding Merchant Cash Advance charges a origination fee.

What is the minimum repayment amount required by Strategic Nationwide Funding Merchant Cash Advance?

There is no minimum repayment ammount.

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

Strategic Nationwide Funding Merchant Cash Advance can approve (or deny) a merchant cash advance application within 3 hours and fund your merchant cash advance within 24 business days of approval.

What do you need to qualify for Strategic Nationwide Funding Merchant Cash Advance?

Strategic Nationwide Funding Merchant Cash Advance does not require or does not disclose a credit score minimum.

Strategic Nationwide Funding 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. APRs for the Strategic Nationwide Funding Merchant Cash Advance product fall outside of the MLA limits, and as a result, the product cannot be issued to these applicants. Active duty service members and their covered dependents are considered “covered borrowers" under the Military Lending Act.

U.S. citizens are, of course, eligible for the services offered by Strategic Nationwide Funding Merchant Cash Advance. Permanent resident / green card holders are also eligible to apply.

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

• Proof of income
• Proof of identity

What limitations does Strategic Nationwide Funding Merchant Cash Advance set on the purpose of the merchant cash advance?

Strategic Nationwide Funding Merchant Cash Advance considers merchant cash advance applications for business purposes, such as:

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