ACH Advance

How an ACH Advance Works

An ACH Advance provides businesses with upfront funding against future earnings, without requiring collateral. This financing option offers quick access to capital, with minimal stipulations and fast disbursement - typically within 24 hours of application. ACH Advances are often the easiest to get approved for, as the loan amount and repayment terms are based on predicted short-term business income. This means businesses can easily access the funds they need, without putting assets at risk.

With an ACH Advance, businesses can bridge cash flow gaps, cover expenses, or seize new opportunities, all while enjoying a streamlined and hassle-free funding process.

Qualifications

  • Minimum Monthly Sales: $5,000 (or $10,000) in monthly sales to demonstrate consistent revenue.

  • Business Age: At least 3 months (or 1 year) in operation to show stability and a proven track record.

  • Credit Score: Minimum credit score of 500 (or 550) to indicate a decent credit history.

  • Bank Account: An active business bank account with a positive balance and a minimum number of deposits.

  • Industry: Businesses in eligible industries, such as retail, food service, or e-commerce, may be considered for an ACH Advance.