Parkway Financial

I don’t have the best Credit. Can I still get Approved?
Absolutely. Unlike banks we do not require you to have a great credit score in order to get approved. We focus more on your monthly Visa/MasterCard processing amount than your overall credit score.. We are glad to say that we currently have a 90% approval rate.

What is the qualification process?
In order to qualify for our merchant advance funding program, you must process at least $2,500 in Visa/MasterCard per month and have been in business for at least 6 months.

How exactly does the program work?
We would advance your company upto 125% of your average monthly Visa/MasterCard/Amex processing. We purchase a set dollar amount of your future Visa/MasterCard/Amex sales at a discount. Then, through an automated process, we collect the payback amount by deducting a small percentage from each transaction daily.

How much Cash Can I Receive?
That depends on your average monthly processing with Visa and MasterCard. Typically, we can fund upto 125% of your average monthly processing.

When will I receive the funds?
Once you are approved, we can fund your account with 7 business days.

How does the Payback of the Cash Advance Work?
Through an automated process, we collect the payback amount by deducting a small percentage from each Visa/MasterCard transaction daily.

So is this a loan or what ?
No this is not a loan product. Business Cash advances using future credit card sales are a form of factoring. We purchase a set dollar amount of your future Visa/MasterCard/Amex sales at a discount.

Do I have to switch my current credit card processor?
We offer various programs, and in many cases you may not have to switch your credit card processor. In the event that our Underwriting department requires changing your credit card processor, then we will match the rate that you are currently paying.

How do I get started?
You can get started by filling out the application online or contacting us via our online form. You can also contact us by phone at 1-888-291-5540 to get started.

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Parkway Financial offers the most competitive rates on Merchant Cash Advances. Our rates are typically 30% lower than most of our competitors. Our merchant cash advance application process is simple and fast. Simply fill out the form above and within 24 hours a Parkway Financial funding specialist will contact you regarding your merchant cash advance. Once approved, your business will be funded within 7 days.

About Us
Parkway Financial provides working capital for small businesses nationwide based on their future credit card sales. We service both small and mid sized businesses of all types that accept Visa/MasterCard/Amex from their customers. The minimum requirement is that you must process at least $5000 per month in Visa, MasterCard and American Express. We typically fund clients from $10,000 to $200,000. As a leading provider of business cash advance services, we understand the needs of small businesses and provide quick approvals and fast funding. These days it is getting harder and harder to secure financing from traditional financial institutions. Parkway Financial is well positioned to help our clients with their working capital needs regardless of their credit score.

Funding Q & A