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  TVT Capital Merchant Advance Financing

TVT Capital Merchant Advance Financing

in Merchant Cash Advance from TVT Capital

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TVT Capital Merchant Advance Financing

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in Merchant Cash Advance from TVT Capital

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Highlights
Factor Rate Starting at 1.08
Loan Amount $5,000 - $2,000,000
Minimum Revenue $240,000
APR  (Fee or Charge Based Product) Starting at 7.99%

TVT Capital Merchant Advance Financing Review

TVT Capital Merchant Advance Financing is offered by TVT Capital, a direct lender founded in 2008 and based in Roslyn, NY. TVT Capital Merchant Advance Financing is available in 50 states (and Washington, DC).

TVT Capital Merchant Advance Financing FAQ

What APRs does TVT Capital Merchant Advance Financing offer?

The cost of merchant cash advances is typically marketed as a factor rate, not an APR. TVT Capital offers merchant cash advance with a factor rate starting from 1.08. The higher the factor rate, the higher the fees. For example, an advance of $20,000 with a factor rate of 1.5 will have a total repayment of $30,000, which includes $10,000 in fees.

that ranges from 7.99% APR.

Does TVT Capital Merchant Advance Financing charge prepayment fees?

Yes, TVT Capital Merchant Advance Financing charges additional fees to borrowers who pay off their TVT Capital Merchant Advance Financing 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 TVT Capital Merchant Advance Financing early.

How much cash can you advance from TVT Capital Merchant Advance Financing?

Cash advance amounts start at $5,000 and go up to $2,000,000.

What types of repayment method does TVT Capital Merchant Advance Financing accept?

TVT Capital Merchant Advance Financing accepts the following repayment method from the Merchant:

  • Split withholding
  • ACH withholding

How often does TVT Capital Merchant Advance Financing process payments?

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

Does TVT Capital Merchant Advance Financing charge an origination fee?

Yes, TVT Capital Merchant Advance Financing charges a origination fee.

What is the minimum repayment amount required by TVT Capital Merchant Advance Financing?

There is no minimum repayment ammount.

What is the estimated funding time for a merchant cash advance via TVT Capital Merchant Advance Financing?

TVT Capital Merchant Advance Financing can approve (or deny) a merchant cash advance application within 24 hours and fund your merchant cash advance within 2 business days of approval.

What are the business financing requirements for TVT Capital Merchant Advance Financing?

To apply for TVT Capital Merchant Advance Financing, you need to provide the following business documentation:

  • Business license
  • Business bank account

What do you need to qualify for TVT Capital Merchant Advance Financing?

When it comes to credit scores, TVT Capital doesn't have a set minimum or maximum. People with all types of credit scores can apply. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

TVT Capital Merchant Advance Financing 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 TVT Capital Merchant Advance Financing 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 TVT Capital Merchant Advance Financing. 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 TVT Capital Merchant Advance Financing set on the purpose of the merchant cash advance?

TVT Capital Merchant Advance Financing considers merchant cash advance applications for business purposes, such as:

  • Business debt refinance
  • Equipment purchase
  • Inventory
  • Lease improvement
  • New location
  • Product or service expansion
  • Working capital
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Availability

  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Business Financing Requirements
  • Business License
  • Business Bank Account
Credit Score Range 300 - 850
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Military Status
  • Non-Military
  • Veterans
Minimum Age 18
Minimum Months in Business 3
Minimum Revenue $240,000
Verification Documents Required
  • Proof of Income
  • Proof of Identity
Collateral Requirement Unsecured
Intended Use of Funds
  • Equipment Purchase
  • Lease Improvements
  • New Location
  • Product or Service Expansion
  • Working Capital
  • Business Debt Refinance
  • Inventory
Approval Speed 24 hours
Credit Bureau Reporting
  • Experian
  • Equifax
  • TransUnion
Funding Time Range Starting at 2 days
Payment Frequency Daily
Payment Options
  • Automatic Payments
  • Bank Transfer
Repayment Methods
  • Split Withholding
  • ACH Withholding
APR (Fee or Charge Based Product) Starting at 7.99%
Factor Rate Starting at 1.08
Loan Amount $5,000 - $2,000,000

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