Why A Merchant Cash Advance May Work For Your Business

FBSG Support • May 13, 2020

The financial side of starting a small business is often the most intimidating. Small businesses often fail because of poor planning, and prospective business owners are hesitant to pursue their dreams because they don’t have enough capital. However, you have several options, including standard bank loans, or a merchant cash advance.

What is a Merchant Cash Advance?

In a merchant cash advance, businesses receive upfront cash or capital in exchange for a small portion or percentage of future credit card sales. Payments are typically made daily (and automatically) as the business generates credit card transactions. The total amount to be repaid is calculated by a factor rate, a multiplier generally based on a business’s financial status. Merchant cash advances offer small business owners a quick and easy method to get funding immediately. The application can usually be completed and approved within one business day. There’s a high approval rate and funding is usually available within a day or two. In addition, unlike many traditional business loans, merchant cash advances do not require any collateral.

Reasons you may need a Merchant Cash Advance:



  • Looking to expand business operations
  • Looking to purchase new inventory or equipment
  • Dealing with seasonal fluctuations
  • Meeting payroll expenses
  • Cash flow challenges
  • In need of cash to pay unexpected payments and unplanned expenses

Why should you get a Merchant Cash Advance?

MCAs are valuable for businesses that need working capital but can’t qualify for a traditional loan. They are especially useful if you need to bridge a short-term gap in funding and don’t want to commit to a long loan term. However, that doesn’t mean it’s right for everyone.


You can get an upfront sum of cash in exchange for a slice of your future credit and debit card sales.

Instead of making one fixed payment every month over a set repayment period, with a merchant cash advance you make automated daily or weekly payments based on current sales volume until the advance is paid in full.


Even if you have an outstanding Merchant Cash Advance, we may be able to help your business qualify for a 2nd or 3rd position loan.


 Even if your business has struggled for months or years, a merchant cash advance may be the best way to get it back on track. FBSG is an experienced cash advance broker who can provide advice based on your specific business’ needs. Apply below to get started!

Apply Now !

Commission Free Online Ordering Made Simple

By FBSG Support • October 19, 2022
1. Get More With Clover POS Looking to get more revenue with lower fees from online delivery? Clover’s got you covered. Clover Online Ordering with Delivery generally costs less than orders delivered through aggregators, like Uber Eats and Postmates. DoorDash® charges a flat rate delivery fee per order, invoiced monthly, and you have the option to pass through some or all of the delivery fees to your customers. That could mean more revenue per order for you and lower delivery fees for your customers. What’s more, offering your customers more ways to place orders– through Clover Web Ordering and the Clover app–can boost your online order volume and your revenue. 2. Take Full Control Of Your Delivery Now, you can offer delivery fully managed in your Clover POS. Clover Online Ordering with Delivery gives you centralized end-to-end control of online orders. That’s menu management, ordering, payments, and reporting all processed through Clover Online Ordering–with delivery dispatched to DoorDash®. And, it gives you centralized business management for inventory, menu syncs, order management, order processing, payment, and reporting. Clover Online Ordering with Delivery can make your restaurant a one-stop order and delivery shop.
Valor Dual Pricing

Why Switch To Dual Pricing?

By FBSG Support • June 16, 2022
With Financial Business Solutions Group, businesses can now significantly lower or eliminate their merchant processing costs. Our fully compliant program displays dual-pricing on either a terminal or via a virtual gateway, giving the consumer a clear choice for their payment method. The displayed card price includes the cost of payment acceptance. Program Benefits Include: Empower consumers with the choice to select cash or card. Eliminate or lower processing costs. Choose to pass some or all of the cost of acceptance to the consumer. 1 monthly Program fee. Available for Invoicing, PayNow, and Virtual Terminal Transactions. Low Cost to accept ACH transactions with ACheck21.

5 Best Tips For Choosing A Payment Processing Company

By FBSG Support • February 10, 2022
#1 : Fees There are many fees associated with credit card processing. Here is a look at the fees you'll want to address and understand before signing your agreement. Interchange fees A fee charged for every credit card transaction. Your processor pays this 2% to 3.5% fee to the bank of the card type in each transaction. It fluctuates based on several factors, including the type of card accepted (credit, debit or a rewards card), the type of transaction (if it’s done in store, by phone, or online), and the size of each transaction. It's important to note in-store transactions will cost you less in interchange fees, since the card is physically present, meaning there’s less risk of fraud. Monthly statement fees The credit card processing company might charge you monthly statement fees to cover the expense of mailing you a statement. It costs about $10 per month on average but some offer it for free and some charge as high as $25 a month. Monthly minimum fee A monthly minimum amount in card transaction fees might be required by the processing company. For example, the company’s monthly minimum fee may be $25. If your total credit card transaction fees for the month were $20, the company will charge you $5 to make up the difference. Monthly gateway access fee Processors may charge you this monthly fee for providing a payment gateway, which transmits transaction data from your processing system to the credit card companies. Monthly fees cost approximately $10 to $30. Early termination fee Processors may charge you for an early cancellation of your contract. The fee can cost anywhere from a few hundred dollars to thousands. Make sure you ask what happens if you close your business or decide to use another processor. It's important to ask about all fees. There may be other fees than listed above and you will want to understand any and all recurring fees.