Frequently Asked Questions

• How can Capital Funding Network help me access working capital?

  Capital Funding Network provides new and radical working capital system designed to guide you manage your monetary needs by offering you a more responsive alternative to common bank lending.

• How does the system work?

  MCA.- It's important to note that a Merchant Cash Advance is not a loan; it is a purchase and sale. Basically, it's a "cash-flow friendly" way to access capital and works particularly well for business owners who are comfortable having the amount they remit fluctuate with daily slaes. Instead of sending a large amount once month, a flat percentage of your business's credit and debit card sales are automatically remitted daily. A large amount is sent on busy sales days than on slow days. The process stops automatically when your business delivers the total amount future credit card receipts that it's sold.
  LOAN.- Business loans are a type of funding that an organization or individual provides to pay for inventory, equipament, expansion, or other business expenses. The hallmark of a business loan is that it has a set matury date; that is, there is a fixed date by which you must pay off the loan

• How do I know if I qualify?

  Real simple, you just need to meet a few required criteria. You must have been in business for at least 3 months and have at least $15,000 dollars a month in gross sales or $5,000 dollars a month in credit card sales.

• What can I use the cash for?

  Most of our clients use the money mostly to renovate their business, like replacing the equipment of their restaurant kitchens, adding seats, advertising or stocking up on seasonal merchandise. Others have used it for emergency needs like unexpected maintenance issues that could discountinue their business. You can use it for business purposes. There's no limits, you can spend the cash on whatever is best for your business.

• How soon can I get the money?

  The average time from receipt of a contract to funding is usually 5-7 working days.

• Do I need to change credit-card processors?

  NO. With Capital Funding Network you are not required to switch credit card processors although sometimes it makes the process smoother and faster. Also with our new ACH program you are not required to process credit cards in order to qualify.

• How often are payments retrieved to Capital Funding Network?

  Our programs do not have monthly payments. Remittances are typically set for a daily of your credit card.

• Will I get a monthly statement from Capital Funding Network?

  Yes, you will receive a printed monthly statement. You may also view your daily statements online by logging into a private and secure area of the Capital Funding Network Website.

• What do you mean by Gross Volume?

  Gross volume refers to your total receipts from all sources, including cash, credit cards, debit cards and checks.

• What number should I call if I have any questions or concerns about my account?

  You can call our Customer Care Group at 1-866-524-5066, between the hours of 8:00 am and 5:00 pm PST.