Frequently Asked Questions

How does it work?

–We provide you funds using your future Visa/MasterCard or your business sales volume. We then take a small percentage of your business Visa/MasterCard or sales processed daily.

How do I qualify… and for what amount?

–Qualification is determined by reviewing the last 4 months of credit card statements and bank deposits. Using this information allows us to present you with the best possible option for your business. Our fundings range from $5,000 to $250,000 per location.

How do I pay back the money?

-We collect a percentage daily, electronically from your credit card processor or your bank account depending on the program you choose.

Do I need to change my processor?

-No. In addition, Advance American Funding promises to beat your current processors’ rate.

Do you take 100% of my credit and debit card sales?

-No. Your processor forwards only your predetermined percentage that we have agreed upon.

How long does it take to get pre-approved and funded?

–We give pre-approvals within 24-48 hours of submission. We fund most clients within five business days provided you complete the paperwork and necessary documents.

Will a poor personal credit history keep me from getting funded?

-No. We do not base your funding on your personal credit history, we evaluate every business on its own merits. We listen to your story and we want to help your business succeed.

What can I use the funds for?

-You decide how to spend the money—whatever is best for your business. Previous customers have used this money for renovations/remodeling, marketing and advertising plans, paying taxes, buying additional inventory, handling payroll, expansion and other business needs as they arise.

Questions about our ACH Program? Please contact us! I still have questions, how can I get answers? You can E-Mail or call us at 248-855-1200. (Return)