The Evolution Financing Loan Process
Your payments are either based on a small fixed percentage (what is called a “withholding percentage”) of your future debit and credit card sales, or on a daily fixed payment that is appropriate for your business. Based on analyzing the profitability of your business to determine a withholding percentage or daily payment that allows your business to continue operating profitably during the program. The payments are applied to your balance, paying it down until it is satisfied. The balance consists of the funded amount, plus a fee that is determined through the application process. And the best part is, it’s instant and automatic, so there’s no need to write cheques!
Like the service great! For repeat trusted clients you will have preferential pricing. Qualifications for a merchant advance are determined by your past credit and debit card transactions. Apply now to see how much you can qualify for.