FAQ
August 11, 2008 · Print This Article
Batch Advance offers cash advances on future batching.
How does the Batch Advance program work?
We offer a business loan alternative; however the most important thing to understand is that it’s not a loan, so there is no qualifying hassles, nor dealing with people who do not understand your business. The transaction is based upon your future credit sales. There is no interest charged, your future sales are purchased at a discount. Then to settle your obligation on the advance a fixed percentage is retrieved of your daily credit sales as you batch them out over the coming months.
Will I qualify for a Batch Advance?
Yes! over 80% of business accepting credit cards for the past year are approved for an advance within 48 hours of submission. You must currently be in business and have been accepting credit cards processing at least $5000 per month for the last 4 months.
How long does it take to get approved?
As fast as 24 hours.
What documents will I need to provide for approval?
    1. The last 4 months of your credit card Batch reports.
    2. Articles of Incorporation (copy)
    3. Business License (copy)
   4. Completed one page application
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