Funding from $5,000 to $1,000,000
This program is designed with little or no credit card sales. It’s an ideal funding solution for manufacturers, wholesalers or distributors. Similar to a Merchant Cash Advance, this product is not a loan but the purchase of future receivables. The funding is based on the deposits in the business operating accounts and the repayment made by an ACH debit. This funding solution enables businesses to turn their future sales in to cash now. Funds can be used for marketing/advertising, inventory purchase, staff hiring, renovations or just working capital.Apply Now
Funding from $5,000 to $1,000,000
Designed to give your business the financing it needs with customized terms that best fit your business. With terms that vary between 3-24 months we will provide your business with the best options to allow it to keep growing. With a simple application and an even simpler automated repayment. The loan is paid back daily either via a fixed daily payment or a small percentage of your daily electronic receivables.Apply Now
Benefits of FactorBid Business Loan Process
Our single page application process is secure and fast. Find out what you qualify for within a few minutes and get funding in as little as 24 hours
Best Approval Rates
Our finance partners are different from traditional banks, They're eager to earn your business and are willing to help fund your growth.
On average 80% of clients seek additional funding. You'll be eligible for additional capital as the relationship grows.
Merchant Cash Advances from $5,000 to $1,000,000 within 10 days
A Merchant Cash Advance is a great alternative to traditional financing for small and medium size business. By purchasing a portion of your businesses future credit card sales at a discount, an Merchant Cash Advance provides cash now for your future sales. The repayment is simple, with only a small portion of your future credit card sales taken as repayment.Apply Now
Cash Flow Friendly: Because you pay a percentage of your credit sales, your repayment fluctuates with your own cash flow; If sales are lower you are repaying less!
Fast: Approvals are typically issued same day and accounts are typically funded in as fast as 24 hours.
High Approval: Unlike traditional financing personal credit score plays a small part in our underwriting model.
More Capital: In most instances you have access to more capital every 3-4 months
A merchant cash advance is a convenient and swift way to get your business the working capital it needs. By purchasing a future portion of your credit card sales, a merchant cash advance provider will provide your business with an upfront, lump sum of cash.
The process is designed to get you the funds your business needs with ease and speed in mind; a merchant cash advance is typically repaid in less than 12 months. With an agreed upon small percentage that works with the flow of your business, payback is just as simple.
Qualifying for a bank's business loan in today's economy has become very challenging and if you do not have excellent credit – virtually impossible. Other traditional sources of capital such as home equity loans and credit card loans are no longer options for many business owners. Therefore, a merchant cash advance is a smart alternative to traditional financing.
Upon completing your secure application, lenders will review your application and contact you direct with various options for financing. It's easy, fast, secure and you only have to do a fraction of the work to get competitive offers from competing finance companies.