Credit Card Receivable Based Financing
No Fixed Payments
No fixed payments or fixed time frame
Existing or New Customers
This program offered to both existing and new businesses processing with us
Simple Qualifications
Straightforward qualification requirements
Business Cash Advance
A merchant cash advance, also known as a business cash advance, is financing based on your future credit card receivables. This type of merchant financing is repaid on a daily basis as a percentage of your credit card sales.
Therefore, if your sales are high, your advance is paid off faster and if sales are lower, your payment is lower. With no fixed payments and no fixed time frame, we take the hassle out of acquiring the money you need to grow your business. The cash advance is available to merchants processing with Bryte Payment Solutions or new merchants coming on board.
Why the Bryte Funding Process is Better
Our cash program was made to be straightforward by collecting only the necessary data needed to complete our approval process. This cuts down on unnecessary data collection and helps to improve your approval odds.
No Complications
Our process removes the bloated requirements included in other business loan applications.
Worry-Free Credit Check
No need to cross your fingers during credit checks.
No Collateral Needed
You don’t have to put up a cent of personal collateral.
Keep Your Operations the Same
No need to change the operation of your terminal equipment.
How You Get Qualified
Our qualification process is straightforward and designed to make the application process simple. We primarily look at only five main points in order to determine if a merchant is approved for capital funding.
$5000 In Processing
You must currently accept and process over $5,000 per month.
Current on Rent/Mortgage
You must be current on your rent or mortgage payments.
6+ Month Lease Length
You should have at least 6 months left on your lease or your mortgage.
No Past Year Bankruptcies
You must be free from bankruptcies in the past year.
Unresolved Liens
Your business’ unresolved liens must not exceed $200.
