A Merchant Cash Advance is a business loan alternative that is actually a sale. Our clients are selling us their future business at a discount in order to receive cash now. This advance of funds is driven by a percentage of future sales which are used to payback the initial advance.
Yellowstone Capital gives your business an initial cash advance
The amount Yellowstone Capital funds your business and the amount you pay back are agreed upon at the very start
A small percentage of your total sales is taken as repayment
It doesn't matter if it takes you 5 weeks, 5 months or 1 year to pay us back because you still pay back the same amount
Once you are fully paid off, you go back to receiving 100% of your sales
Everything will go back to normal except you now have increased cash flow and a more valuable and profitable business
|Small Business Loan||Merchant Cash Advance|
|High interest rates||No fixed interest rate We take a small, predetermined percentage of your sales|
|Complicated, binding contracts||Flexible You'll always have the operating funds to run your business|
|Long waits for approval||Quick and easy You'll know within 24 hours|
|Must have good credit for collateral||Bad credit is okay No collateral, no personal guarantee & no min. credit score|
In our effort to address this issue, YellowStone Capital has partnered with 2 of the banks that we do a large volume of business with, and created the "Bank Only ACH Program". This is especially for businesses that don't accept credit card payments.
Instead of underwriting and basing the cash advance and driving the payback off of the credit card sales, they use the total gross income shown in the deposits in the business bank account, and then a ACH mechanism is utilized to drive the payback.
There are more underwriting requirements with this kind of program. Since it is a beta test product, the business cash advance timeframe is normally shorter. However, since we are opening your business up to capital based off of your gross deposits we will be able to become more aggressive with our approvals.
If you have some business financing questions or would like a free consultation, please contact YellowStone Capital, LLC today.
We are your source for creative financing. Visit our official blog for updates too.