Cash Advance

Loans vs. Cash LOANS CASH Fixed term NO fixed term Fixed payment NO fixed payment Personal guarantee NO personal guarantee required Reports on credit NO inquiry only on credit Excellent credit required Excellent credit NOT required Three years in business ONLY 1.5 years in business Lengthy approval process RAPID approval

Bank Loan v. Mega M's Cash Advance Program
BANK LOAN PROGRAM

When you need cash to keep your business running smoothly, it probably does not help to have your time and focus diverted from the day-to-day operations. A bank loan requires many hours of preparation and paperwork, including:

A business plan
Cash flow projection report
Statement of your personal financial status
Past business tax returns
Credit rating report
Numerous other business reports.

Even after applying for a bank loan, in today's economy, the chances of approval are slim. And if you are approved, you may have to wait a long time to receive the funds.

MEGA M'S CASH ADVANCE PROGRAM

Instead, by applying for a Cash Advance with Mega M, you can put all that time and energy into running your business. Your partnership with us means you could qualify for Cash Advance against your future Visa/MasterCard sales.

Cash Advance Program FAQ

WHAT IS IT?

Mega M's Cash Advance is not a typical business loan, but rather an advance against Visa and MasterCard merchant account receipts. It is repaid through the merchant account itself. As a merchant, you can sell a specific amount of your future credit card sales and receive payment now to be used to build and strengthen your business.

Once approved, the Cash Advance is deposited directly into your bank account. Payback is made through an automated deduction from your merchant account of an agreed upon percentage of your net settled credit card sales. There is no interest rate – you agree to payback a predetermined amount. Also, there is no "term" but rather it's a percentage of your settlement. Your payback time varies with the amount of your card sales.

WHAT ARE THE ELIGIBILITY REQUREMENTS?
New business can qualify.
Your monthly Visa/MasterCard Volume must be at least $5,000.
All prior bankruptcies must be resolved.
You must have at least 12 months remaining on your current retail lease.

WHAT ARE MY BENEFITS OVER APPLYING FOR A BANK LOAN?

Our Cash Advance Program is usually quick and easy.
It requires very little paperwork and NO collateral, upfront fees or closing costs.
Payback ebbs and flows with your processing volume.
You are free to use the funds however you choose:
Advertise to grow your business
Expand inventory or improve facilities
Pay taxes, operating expenses or meet payroll
Get through a slow period (great for seasonal or cyclical businesses)

For more information visit www.megamllc.com