At Synergy Merchant Services, we are naturally very proud of our merchant cash advance program. One of the aspects of the program that we take the most pride in is the fact that it has helped so many business owners across Canada reach goals that they otherwise may not have achieved. With the extra capital that these owners have secured through their relationships with Synergy, the growth of their businesses was made possible.
Nevertheless, the merchant cash advance industry remains a very young one in Canada, thus far. Many Canadians, still in the process of learning about this alternative source of merchant funding, are understandably skeptical about utilizing this innovative resource for extra capital. This is why one of our primary objectives at Synergy is to introduce the program to merchants by providing a free, no obligation quote.
Getting this quote is just one of a few short steps to allowing your business that one extra opportunity to secure money for its growth. Sure, there are a number of options out there. Going to a bank to either secure a loan or take out a line of credit are two of the most well-known. However, we would like for Canadian business owners to regard our merchant cash advance program as one more option that, when compared to the others, may just be the right one for their businesses.
Let’s go through the steps to securing your approval for money through Synergy’s program just to show you how simple it can be.
Step #1: Speak To A Funding Specialist
A friendly conversation with one of our licensed funding specialists, that will take no more than a few short minutes of your time, will enlighten you as to exactly how our program works. A quick explanation of how much money your business may be approved for, what the cost of the merchant cash advance may be and what percentage of your sales may be used to pay it back will provide the fundamentals of what you need to know in order to take the next step.
Step #2: Supply Your Merchant Statements
Unlike banks, Synergy does not require collateral, liens, credit checks or any other documentation to provide you with a quote. All our funding specialists request is a look at some of your monthly merchant statements that display your Visa, MasterCard and Interac sales. Using these numbers, he or she will be able to determine what your business is qualified for.
Step #3: Receive Your Quote
As mentioned, our funding specialist will devise a quote for a merchant cash advance that is tailor-made for your business. By simply using your credit and debit card sales numbers, you can receive an accurate, to-the-penny description of how much money will be made available to you and what the cost of attaining the cash advance will be.
The best part is that the entire process to determine your approval may literally only take minutes. In addition, there is no obligation for you to enter into the program once you have received your quote. So what could be the harm in getting some information that may lead to your business’ growth and increased success? Call Synergy at 1-866-299-0101 for your free quote today.