Funding Circle helps
merchants build business credit.
Not exact matches
And unlike
merchant cash advances, we
build your
business credit and deduct fixed daily or weekly payments, rather than a batch percentage of your sales.
NOTE: Because a
merchant cash advance is not a loan and providers do not report your payment history to the
business credit bureaus, it does not help
build or strengthen a
business credit profile.
A
merchant cash advance does not help
build business credit because it's not a loan and advance providers do not typically report repayment history to the
business credit bureaus.
From You (Via Surcharges): For
merchants to run their
businesses, continue to offer customers the use of their preferred
credit cards, and save themselves from incurring the entire 2 % interchange fee from
credit card companies, they
built in their own financial buffer in the form of a surcharge.