Running a successful small business takes a lot of work. Despite the recent economic depression, American small business owners have fought for survival and are on the rebound. In honor of the 28 million small businesses in the United States, the Small Business Association (SBA) even started a National Small Business Week. The SBA states that half of Americans work for, or own a small business. These businesses require payment processing services that will give customers a variety of methods of which to pay. EMB provides premium payment processing services along with small business loans to help them thrive in a recovering economy.
EMB provides the following critical services to small businesses:
ACH Business Funding
To acquire ACH funding, businesses do not need a merchant account. EMB agents will look over the sales revenue of merchants over a 4 month period. EMB will give them funding based on the gross deposits in their checking account. This is a popular business finance tool because merchants don’t need to make an account with us.
Cash Advance Program
Small businesses often need infusions of cash. Whether it is to expand operations or buy more inventory, a cash advance may be the right option. Small businesses only need to make $2500 per month in revenue.to get a merchant cash advance. The process is simple and most merchants receive working capital in as little as 5-7 days. This program looks at your business’ total gross credit card processing revenue and is based on a 3-6 month average processing revenue.
- To get started with a cash advance or ACH funding, merchants must have:
- Copy of your driver’s license
- Copy of a voided check or bank letter
- Copy of your lease and landlord contact information
- 3 months worth of bank statements for your business
- 3 months of credit card processing statements.
eMerchanBroker.com is America’s leading high risk payment processor and supplier of loans for small business. Expert advisers are available 24 hours to assist merchants anywhere, anytime. EMB specializes in business funding for small businesses with good or bad credit.