Cash Advance

Whether you own a restaurant, retail store or specialty shop, chances are your business needs to purchase equipment. As a business owner, you may need to make large one-time purchases or continuously rotate equipment out as it becomes outdated or worn. Often these purchases can be expensive when you have to finance the purchase out of your own pocket.

MONEXgroup customers have used their funding to purchase restaurant equipment such as commercial appliances, Pay@Table and integrated inventory management systems. Other owners have purchased equipment, displays and advertising to improve the value of their business and service level for their customers.

These purchases are often difficult, if not impossible, for the average independent business owner. When a set monthly payment is required, they often opt to avoid the risk because sales volumes can fluctuate from month to month.

An infusion of capital from an outside source allows you to make these large purchases without tapping your precious cash reserves. MONEXgroup's Cash Advance Program allows such freedom. We can fund your business the cash it needs within 5-7 business days in most cases and the money is returned to us in a painless manner and over a time period of up to 7-9 months.

Sometimes the only thing holding back business expansion is the availability of working capital. Your business may generate enough sales to make up any investment very quickly but when dealing with banks and investors, business owners often find the money they need is not as readily available as their needs demand.

Some business owners choose to use MONEXgroup cash advance program as a supplement to traditional business loans when expanding. They do so because they know we are able to provide the working capital they need quickly so they do not need to wait to fulfill their expansion desires.

Expanding a business can be trying especially when funds are delegated by a traditional loan source like a bank. When you are over budget or under-funded by your other resources, using the MONEXgroup Cash Advance program can be the boost your business expansion needs to remain on schedule.

The MONEXgroup Cash Advance Program allows small businesses to painlessly finance kitchen or store upgrades or just "freshen-up" their image. Our customers have used their working capital to make purchases like adding new signage, complete remodeling and overhaul to floor layout to improve their image.

Remodeling or renovations can change a business's atmosphere and improve foot-traffic and sales volumes so it is no wonder why small businesses often choose to remodel and make updates to the business image.

MONEXgroup customers have used their funding to purchase inventory for their seasonal cycles. A sporting goods retailer may need to order large volumes of swim wear in the winter to gain an advantage over their competition. A gift store may need to order their Valentine's Day inventory in November to get a price break from their vendors.

These purchases are often difficult if not impossible for the average independent business owner, no matter the industry. Cash flow is important. If a season is slower than expected, or if demand is higher for seasonal items, a working capital infusion may be necessary to get the business into a competitive position. When a set monthly payment is required, owners often opt to avoid the risk because sales volumes can fluctuate from month to month.

That is why the MONEXgroup Cash Advance Program is preferred by many small- and medium-size businesses. They are able to obtain the capital they need, without a fixed payment and on a schedule that revolves around their unique business cycles.

Emergencies can happen to anyone at any time. Floods, fires, and power outages can greatly affect a small business. If you need to make cosmetic changes, clean-up after a storm, replace spoiled goods or inventory after a disaster, MONEXgroup is there for you with quick access to cash.

We are always pleased to work with you to get the working capital you need to return to normal operation.

Funding the working capital needs of a business can be done through credit cards or other high interest loan products. Revolving debt is a common result of using these high interest loan products, due to the high monthly payments, which is an extremely expensive manner in which to get access to working capital.

The MONEXgroup Cash Advance Program, provides an excellent opportunity to avoid the pitfalls of revolving debt, or to get out from under the burden of a revolving credit situation that is currently weighing down your business.

Are you looking to expand your business interests beyond the one you currently own or operate? Take advantage of the MONEXgroup Cash Advance Program through your current business, and then use the funds for investment in an additional franchise or a competitor location that will provide increased revenue and greater scale.

Using the MONEXgroup Cash Advance Program will enable you to make a larger down payment that will not affect your ability to get a loan for the balance of the amount required to purchase another franchise or business. Funding an expansion in this manner will likely decrease the interest rate charged by a traditional lender, as a Cash Advance leads to a lower loan amount and as it is the purchase of your future receivables, it is not reported on your credit report.

Additionally, once the initial Cash Advance is paid back, the customer can then take another advance to pay-off a significant portion of their mortgage (typically through an anniversary payment, which can be done without penalty) and thereby reduce the term of their mortgage and total interest payout.

You can use the future receivables of your company to fund the buyout of a partner(s), get the cash up front to fund the buyout and allow the future sales of your business pay for it over time. This is a low risk manner of consolidating your control of the business, while letting the business fund itself.