Velocity Cash Advance
Financial Services - , N/A, US
Velocity Cash Advance Employees
Velocity Cash Advance Details
We can help you with your funding, whether you need add-on capital immediately, or full funding. Even if you have just funded, or have an existing cash advance, our new program allows you to obtain $5k-$200k NOW. We do not require that you pay off existing financing to be eligible for funds. This establishes a track record for you to build credit with us. When your other advance is low (or paid), we can come in with the right deal based on your excellent track record with Velocity!To Apply:Call 631-438-0557 today to see if you qualify for our small business cash advance program. You can be on your way to implementing your project plans. You will have an answer within 48 hours of sending in your application. Once approved, funds are wired that day!General rules of thumb:You may qualify for either:● Up to 140% of your monthly credit card processing **-OR-**● Up to 35% of your avg. gross monthly deposits.● If you have existing advances, and they exceed these rules; you are over funded.2 Main Programs Available:● ACH Funding –Based on monthly gross deposits, add-on and first position.● CC Funding - Based upon monthly Visa/MC/Amex Volume● If you have existing advances, and they exceed these rules; you are over funded.To Qualify:● Be in business one year● Must have an avg. of $15,000/month in gross deposits -OR-● Process more than $5,000/month in credit card sales.● Must have a money-making use of proceeds.
