A merchant cash advance (MCA) has turned into one of the most popular types of business funding for merchants in recent years. Many business owners choose an MCA over traditional business loans. If you think an MCA is a short-term loan, be aware it’s not a loan nor a high-interest advance: it’s just a sale, a purchase of your future sales at a discount.
This cash solution provides your business with a lump-sum payment in exchange for an agreed-upon percentage of your future credit/debit card sales. With First American Merchant Advance, both parties get involved in the agreement over the amount of that sale along with what discounted cost.
Merchant Cash Advance ISO Program
Merchants looking access to working capital can turn to business funding providers for a merchant cash advance. However, an MCA isn’t only a great solution for merchants, but also for sales agents and ISOs (Independent Sales Organizations).
You might be surprised to see that good merchant cash advance ISO programs are more in demand than you might have initially thought. In fact, entrepreneurs are more likely to secure an MCA from a helpful salesperson than applying for one on the Internet. So, most cash advance sales happen offline by brokers who take the time to call on clients.
For the reputable business funding providers like firstamericanmerchant.com, independent sales agents are key. With First American Merchant, independent sales agents can be sure to get the highest commissions in the industry. You could earn up to 9% of the funded amount and get residuals on credit card processing services.
First American Merchant is the best choice for high risk businesses and those struggling with bad credit. FAM is an award-winning alternative online lender and payment processor that specializes in the high risk sector and has an A+ rating with the BBB. Even merchants with open tax liens can get the popular First American Cash Advance.
If you’ve had difficulty closing cash advance deals because of declines, take advantage of the benefits offered by FAM:
- Your clients can enjoy credit card processing from all top providers
- All residuals and commissions can be tracked from one portal
- Earn $1000 upfront per account, plus residuals and bonuses
- Enjoy online training tools and paperless application with e-signatures
Firstamericanmerchant.com can help you find the right deal for your customer so that you can meet their unique financial needs. To use FAM’s agent partner program to your advantage, you just need to fill out a form or contact us today.Get Started Now