How do we determine the amount of funding a merchant will qualify for?
We will need at least four months of Visa/MasterCard statements to review and determine the monthly average and our funded amount will be determined based on that average. If the merchant is a seasonable business or has large variances in the 4 months of credit card volume, we require additional historical credit card statements.

How quickly can a merchant get funded?
We will fund a merchant 5-7 business days from receipt of a signed contract.

Is this considered a loan?
Fast Capital is not a lender! We purchase your business’s future credit card receivables at a discount. In addition we don‘t have a fixed term or periodic amount for repayment or an interest rate.

What happens if the credit card sales increase or decrease after the merchant is funded?
Since our funding product isn’t a loan we don‘t have a fixed term of repayment. After the merchant is funded their daily Visa/MasterCard sales will be split-fund according to a mutually agreed-upon percentage. We therefore only collect based on the merchants actual credit card sales.

Must a merchant switch credit card processors?
If you currently aren’t processing with our approved credit card processor you must change. Our affiliated credit card processor will match or beat your current transaction rates and/or percentages.

What can I use the funds for?
Unlike a bank we have no restrictions on the merchant’s use of funds. The funds can be used for renovations, equipment purchases, purchasing of inventory, advertising campaigns, etc. We will fund whatever the merchants needs are from expansion to buying out a partner. Fast Capital is there for all the merchants funding needs.