How quickly can a
merchant get funded?
We will fund a merchant
7-10
days from receipt of a
signed contract.
Is this
considered a loan?
Merchant
Advance Resource
Solutions is not a
lender! We purchase your
business’s future credit
card receivables at a
discount. In addition we
don‘t have a fixed term
or periodic amount for
repayment or an interest
rate.
What happens if the
credit card sales
increase or decrease
after the merchant is
funded?
Since our funding
product isn’t a loan we
don‘t have a fixed term
for repayment. After the
merchant is funded their
daily Visa/MasterCard
sales will be split-fund
according to a mutually
agreed-upon percentage.
We therefore only
collect based on the
merchants actual credit
card sales.
Must a merchant switch
credit card processors?
If you currently aren’t
processing with our
approved credit card
processor you must
change. Our affiliated
credit card processors
will match or beat your
current transaction
rates and/or
percentages.
What can I use the funds
for?
Unlike a bank we have no
restrictions on the
merchant’s use of funds.
The funds can be used
for renovations,
equipment purchases,
purchasing of inventory,
advertising campaigns,
etc. We will fund
whatever the merchants
needs are from expansion
to buying out a partner.
Merchant Advance
Resource Solutions is
there for all the
merchants funding needs.
How do I get started?
To get started simply
fill out the Apply Now
questions and a
financial representative
will get in touch with
you ASAP.
I am already
with another financing
company providing
similar financing, can
you replace that
arrangement and offer me
more money?
Contact us to
find out specifically
how much we can offer
you. We often offer
larger advances than our
competitors and will pay
off your existing
advance if it is in your
best interest. Call us
today to find out how
much you are qualified
to receive.
How much does it cost to
apply for a Merchant
Cash Advance?
MARS Funding offers a no
cost/no obligation
quote. There are no
up-front fees or closing
costs and we do not
charge for “out of
pocket” expenses such as
credit reports, D&B
reports, overnight
mailing costs, etc.
Does
MARS
Funding require a
personal guarantee?
No!!! Our cash advance
does not require a
personal guarantee,
however, individuals may
be liable in cases of
fraud,
misrepresentation, and
as further detailed in
the contract
How do I know if
I qualify?
You must have been in
business for more than 6
months, have at least
$10 000 in credit card
transactions per month,
and meet a few other
simple requirements.
What kind of
discount do I get if I
pay early?
Since this is not a
loan, there is no
monthly payment
schedule. We get paid
when you get paid,
therefore there is no
discount for early
payment. You are free to
settle your obligation
early any time you wish.
How often are
payments retrieved?
We collect a small
percentage of your daily
credit card sales as
they are settled or
“batched”
Will I get a
monthly statement?
Yes, you will receive a
printed monthly
statement. You may also
view your daily
statements by logging
into a private and
secure area of our
website.
Will bad credit
affect my unsecured cash
advance request?
It is not necessary for
you to have good credit
in order to receive an
unsecured cash advance.
A poor credit rating (as
low as a 500 credit
score), including
delinquencies, will not
normally influence an
unsecured cash advance.
When I have
repaid my first cash
advance, how easy is it
to apply again?
If you have experienced
no change in financial
status you will be
approved automatically.
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