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Showing posts from 2016
IFA/MCA understands the many hurdles and difficulties faced in the restaurant industry. Restaurant owners need a source of flexible funding to accommodate seasonal flux, make equipment upgrades and take advantage of special offers from suppliers. That’s why we created a simple, easy way for your restaurant to access working capital. You can put cash in your bank account in as little as 3-5 business days. There is no personal guarantee required. Very little documentation is needed and bad credit is often not a problem. Getting cash quickly allows you to gain the buying power you need when you need it. This results in better terms with your vendors, bulk purchasing options, and often leads to significant cost savings. Use your merchant cash advance for any of your business expenses, including: InventoryKitchen equipment leasing/purchasesSeasonal staffingRenovationsMarketingNew POS systemsDisplays Get the funds you need to grow your restaurant. Call IFA/MCA today at 347-450-9091 Aar
IFA/MCA understands the many hurdles and difficulties faced in the restaurant industry. Restaurant owners need a source of flexible funding to accommodate seasonal flux, make equipment upgrades and take advantage of special offers from suppliers. That’s why we created a simple, easy way for your restaurant to access working capital. You can put cash in your bank account in as little as 3-5 business days. There is no personal guarantee required. Very little documentation is needed and bad credit is often not a problem. Getting cash quickly allows you to gain the buying power you need when you need it. This results in better terms with your vendors, bulk purchasing options, and often leads to significant cost savings. Use your merchant cash advance for any of your business expenses, including: InventoryKitchen equipment leasing/purchasesSeasonal staffingRenovationsMarketingNew POS systemsDisplays Get the funds you need to grow your restaurant. Call IFA/MCA today at 347-450-9091 Aar
Merchant Cash Advance Information ​MCAs Range from $5,000 to $150,000 See how we can help you and your business! Why choose a Merchant Cash Advance over other sources of capital? Are you low on cash and need working capital to fund operations quickly? Don’t want the fixed monthly payment of a traditionalbusiness loan? A Merchant Cash Advance from IFA Capital is the perfect solution for your business funding needs. A Merchant Cash Advance is an excellent way to accessworking capital in a “cash-flow friendly” way by making daily remittances. What is a Merchant Cash Advance? A Merchant Cash Advance is a type of funding that is not a loan. It is a purchase of a fixed dollar amount of a business’s future credit and debit card receivables. The Merchant Cash Advance provider purchases a specified dollar amount of your business’ future debit and credit card sales at a discount. Your business, instead of paying one large fixed monthly payment until a set maturity date like a loan, remits
Our Pricing* Lowest Rates for customers with excellent  financial health and credit 9% *Total Interest: Percentage 13.99% Annual Percentage Rate Fees One-time origination fee to cover cost of servicing and processing the loan. 1st loan: 2.5% of loan amount 2nd loan: 1.25% of loan amount 3rd+ loan: 0-1.25% of loan amount $20 monthly maintenance fee which is waived for 6 months if you draw $5,000 or more in the first five days of opening your account. There are no fees to draw money Sample Draw and Payback On a 12 month, $100,000 loan with 9% Total Interest Percentage, your interest cost is $9000, for a total loan payback amount of $109,000. On a 6 month, $10,000 line of credit with19.99% Annual Percentage Rate, your interest cost is $527.27,  for a total repayment of $10,527.27. Your line of credit will be less expensive if you pay  the loan back faster – total payback in a week would be $10,038.44. *Total Interest Percentage calculates the total amount of interest you pay