What Is a Small Business Alternative funding solution?
A Small Business Alternative funding solution provides small business owners like you with quick access to working capital and alternative funding by transferring a portion of your business’s future credit card sales to a cash advance provider at a network discount.
How Does a Small Business Alternative funding solution Work?
You may have also heard a Small Business Alternative funding solution referred to as credit card factoring or credit card receivables funding. A Small Business Alternative funding solution works in the same way, by selling a portion of your future credit card sales to a cash advance provider at a discount that is available to members of a select network. This type of business alternative financing is typically provided by specialized finance companies through a trusted network of proven partners.
How Can a Small Business Alternative funding solution Help My Business?
Your business needs capital and we provide capital that helps you accomplish your goals in a simple process. Your business reputation and sales will speak for you, no need to depend on less-than-perfect credit.
How Working Capital Can Help Your Business
As you grow your business, you may notice that there is usually one thing or another hindering your growth from being as much as it can. One of the most common reasons for seeking small business financing is to get the working capital necessary to purchase equipment, hire and train new staff, and gain a liquidity advantage.
Who would I contact for an interview or quote?
We have made it simple for you to get the information you need to choose Max Business Loans to help you get the alternative financing and working capital you need to grow your business. Every question on our Frequently Asked Questions page has been one that we have heard from customers who received the alternative funding they needed in the past with access to the Max Business Loan network. Visit that page for links to useful information about our small business loans services and contact details to speak with a specialist.
Who is Max Business Loans?
Max Business Loans is one of the world’s first business funding networks built sepcifically to connect business owners with working capital. Established small business owners have the unique responsibility of steering their companies toward success, and serving as inspiration and leader to their employees. We believe that business owners have enough to deal with than to have to worry about financing issues, so we have provided over $10 million in working capital, payroll cash advances, and receivables factoring to thousands of small and growing businesses across the United States. We are accredited as a certified partner with the Better Business Bureau. Small business financing deserves a better way to borrow. Our aim is to partner with you and your company to be your #1 source for funding when you are looking to expand your business and grow wealth. Max Business Loans and Max Small Business Loans are headquartered in Brickell, Miami, Florida.
What can I use my cash flow financing to do?
Purchase more inventory, upgrade equipment, hire and train additional employees, boost your operating or working capital with additional funding that fuels your business growth in whatever stage you are in.
A recent survey of the winners of the INC 5000 yearly contest asked successful business owners what they needed most to grow and a full 34% said that funding has been essential to their growth. You may already have a long list of things that you would do for your business if only they had the funding. Get started on the things you want most with an alternative loan funding today.
How long does it take to get approved for funding?
Once all documents are uploaded, you can receive funding as quickly as the end of the next business day.
Our simple application process needs just a few pieces of information about your cash flow, bank statements, and background.
Our goal in the application process is to identify important documents that will help profile your business history.
Can I still get help funding my business even though my bank denied me before because of personal credit issues?
Yes. we know that your personal credit score doesn’t reflect the true health of your business. Your small business needs funding that focuses on cash flow, instead of personal credit scores, past loads or collateral. Many businesses that are in good health can be penalized for factors beyond their control. Access a better way to borrow by applying now.
How do I apply? What information do I need to apply?
Depending on your funding need, you may need:
Credit card statements for the current month and previous 3 months
Bank statements for the current month and previous 3 months
Voided Business Check
Drivers license number and state of issue
We typically provide funding decisions within 1 business day, and you can apply online in minutes.
Once we have received the documents we will send you a confirmation email and get back to you within 24 hours regarding approval.
That’s it! No risk and no wait.
If you have any questions please feel free to contact us at 305-712-7050.
How much does a Max Business advance cost?
You are in business to make money, not spend it. Our advantage is to organize your advance so that you pay less than 50% of the cost of other alternative financing options. Actual pricing is based on several factors including the size of your advance and the terms of your loan. All details about your advance will be included in your contract. To find out how much you are eligible for and qualify to receive, complete your application and speak to a certified advance specialist.
Can I qualify for a second advance if I need additional money?
Yes. Many of our business customers use access to additional funding to finance their businesses through transitional or high-growth stages when they need working capital.
You can contact your dedicated account partner anytime to discuss how to get more money to grow your business.
Do I have to switch my credit card processor?
No. The Max financial access network connects with the most well-equipped processors in many verticals and across payment platforms.
Is a personal guarantee required?
A Max financial access working capital advance requires no personal guarantee or collateral. You assume no personal liability with any of our financial products. Be sure to read details within your contract.
How do I qualify for small business funding?
Qualifying for small business funding using the access of a Small Business Alternative funding solution is straightforward. If you have been running your business for at least one year, with current monthly credit and debit card sales of at least $5,000, and your business is free from any legal judgments or liens – you will most likely qualify. To verify this, contact us today with the information needed to fill out the funding application and unlock your alternative small business funding options.