• Partner Funding FAQ A business cash advance provides small business owners with access to needed capital. National Fast Funding advances money by purchasing a pre-determined amount of the business sales volume sold through a credit card merchant account. If traditional bank loans are not an option, then a business cash advance from NFF may be the perfect alternative for you.

• How Long Will I Have to Wait to Find out If the Business Cash Advance Has Been Approved?
 Approval is usually obtained within 24 hours once required documents are sent to underwriting. Funding usually takes 1-3 weeks, from the date an application is submitted.

• How much can a business qualify for?
Businesses can qualify for $3,000 to $300,000.

• How does NFF determine the size of
the Business Cash Advance?
The amount of receipts purchased is determined by the average credit card volume over a 180-day period. We encourage submission of any documentation (bank statements, sales tax receipts) that supports total sales volume in order to be approved for the highest amount possible.

• How does a business repay the Business Cash Advance?
 National Fast Funding collects a small percentage of each credit card transaction through a preferred processing bank.

• Do I need to change credit card processors?
 If your processor is certified with NFF it is not necessary to change. If you need to change to our processing partner, we will match or beat current processing rates. We can also update your equipment if necessary.

• What are the requirements for a business to qualify?

• Restaurant, Retail, or Service Business, at Least 9 Months in Business
• Accept Credit Cards As a Form of Payment
• Provide Processing Statements for the Previous 6 Months of at Least $4,000 Per Month in Credit Card Sales, $2,500 Franchises
• Provide 1 to 2 Months of Bank Statements with Consistent Balances for Higher Approval Amounts
• Acceptable Personal & Business Credit (May Have As Low As 500 Personal Credit)
• Has No Open Tax Liens, Judgments, or Bankruptcies
• Is in Good Standing with Landlord with at Least One Year Remaining on Lease
• Special Funding Programs Available for Newer Businesses & Internet Businesses; Call for Information

• The Fee?
The fee or (factor) can range from 1.25 to 1.45 and is based upon: underwriting guidelines, length of time in business, length of lease, monthly credit card volume, average monthly sales volume, and past business history.

• What if I already have a loan?
This is not a loan. Loans do not count against this program. You may be eligible for this program even if you have a loan.