Blursoft Merchant Cash Advance is provided by Merchant Cash Advance Blursoft, a nonbank financial services firm founded in and headquartered in New York,, NY. Blursoft Merchant Cash Advance is accessible in all 50 states (including Washington, DC).
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Faq Merchant Cash Advance Blursoft
Is there a prepayment fee charged by Merchant Cash Advance Blursoft?
Yes, borrowers who pay off their Merchant Cash Advance earlier than expected are charged extra costs by Merchant Cash Advance . Consider this when selecting a lender because prepayment penalties might lessen or possibly eliminate the interest savings by returning a Merchant Cash Advance Blursoft early.
How much money can Merchant Cash Blursoft lend you?
The cash advance amounts range from $5,000 to $500,000.
How frequently does Merchant Cash Advance handle payments?
Merchant Cash Advance Blursoft makes monthly payouts depending on your company’s credit card transactions. This means that until the whole amount is paid, a portion of your transactions will be automatically remitted to Cash Advance Blursoft as payment for your cash advance.
Is there an origination fee charged by Merchant Cash Advance Bursoft?
Yes, there is an origination fee charged by Merchant Cash Advance Blursoft.
What is the necessary minimum payback amount by Cash Advance Blursoft?
There is no required minimum payback amount.
How long does it take to get a merchant cash advance with Cash Advance Blursoft?
Advance on Merchant Cash Blursoft can accept (or refuse) your merchant cash advance application within 24 hours and finance it within one business day of approval.
What are the business financing criteria for Blursoft Merchant Cash Advance?
You must present the following business papers to apply for a Merchant Cash Blursoft:
- Business permit
- Business checking account
What are the requirements for Blursoft Merchant Cash Advance?
Applicants with credit scores of 500 or higher may be eligible for Merchant Cash Advance . The eligibility age is 18 or the state minimum, whichever is greater.
Advance on Merchant Cash Blursoft does not have or publish a minimum yearly income criteria for qualifying.
The Military Lending Act (32 C.F.R. 232) bans lenders from charging more than 36% APR on credit granted to eligible borrowers to military personnel. Active duty military personnel and their families are able to apply for a loan through Merchant Cash Advance . Their interest rates are limited by the Military Lending Act.
Merchant Cash Advance Blursoft accepts applications from US nationals and permanent residents / green card holders.
Applicants may be required to produce the following paperwork in order to qualify:
License to drive
What restrictions does Merchant Cash Advance Blursoft impose on the merchant cash advance’s purpose?
Advance on Merchant Cash Blursoft takes into account merchant cash advance apps for commercial purposes, such as:
- Debt consolidation for businesses
- Repairs for emergencies
- Purchase of machinery
- Hiring
- Inventory
- Lease enhancement
- Marketing
- New address
- Payroll
- Expansion of a product or service
- Investing in technology
Capital for working purposes
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