What is a merchant Cash Advance and Why is it an Important Product
- Intrix’s finance partner Principis advances funds and actually purchases merchant’s future credit card receivable
- Banks have trouble lending to small business as it is considered very high risk
- Family and friends are often not in a position to lend money
- Bringing in a partner/investor can wipeout years of hard work in the business
- Merchant cash advance fills a large “gap” and is often a great option for a merchant to obtain capital affordably
Why Do Merchants Need Merchant Cash Advance?
There are many ways to use a Merchant Cash Advance – It is working capital that can be used for any business purpose!
Our Programs
Platinum Program
- Merchants with low risk characteristics
- Must process an average of at least $25,000 per month
- Options issued: 12 month duration at a 1.295 yield; 5 month duration at a 1.195 yield
Gold Program
- Merchants with medium risk characteristics
- Must process an average of at least $22,000 per month
- Option issued: 9 month duration at a 1.355 yield
Standard Program
- Merchants with medium to high risk characteristics
- Must process an average of at least $7,500 per month
- Option issued: 6-9 month duration at a 1.395 yield
