GET $5K TO $500K TO GROW YOUR BUSINESS IN 24 HOURS
What is E-Commerce Financing
It’s super easy – we simply provide funds as an advance against your future credit and debit card sales.
How does it work?
Step 1: You apply (it literally takes 5 minutes tops)
Step 2: We would take a look at your application, your credit/debit card transactions for your business, as well as your business as a whole.
Step 3: If you qualify, you get your funds in 24 hours
Step 4: Repayment is scheduled on a daily basis based on a (very manageable) percentage of each day’s sales. If you’re busy, the payment is more, if it’s your slow season, the payment is less.
Whether it’s taking advantage of a supplier’s volume discount, buying some ads, or doing some social media marketing… having quick access to capital when you need it can be a competitive advantage for your business.
Is Merchant right for your small business?
We’re going to go with yes. We’re a great choice for any Canadian small business, and have the ability to offer more flexibility than a traditional business loan from a bank. With Merchant Growth, you’re able to access capital during your off season without feeling the usual squeeze. Repayment terms can be customized to be the same amount every month, or very responsive – on slower days less is repaid, on busy days more is repaid – so when sales are lower during slow season, your payments are lower.
What do you need to qualify?
At least $5,000 in average monthly sales
In business for at least 6 months