About Us
Premier Capital Funding operates with our clients’ best interests at the heart of everything we do
What We Do
As direct funders, we provide competitive programs designed specifically for our merchants. We work closely with our clients to determine the right type and size of financing based on their individual needs. With many years and experience in the industry, we have established ourselves as one of the leading financial institutions nationwide.
Our variety of funding programs provide enthusiastic business owners with the capital they need to ensure their businesses success.
MERCHANT CASH ADVANCE
What It Is
A Merchant Cash Advance is an immediate advance of funds based on a businesses’ future incoming revenue. Cash advances provide businesses with the extra support they might need.
Highlights of our MCA program include:
- Advances range from $7,500 to $150,000
- Longer payback times from 4-12 months
- Daily and weekly payments/ CC split funding
- One day turnaround for funding
- Regular advance offers up to 5th position
- Fund nationwide
MCA CONSOLIDATION PROGRAM
It’s not only about the first deal, it’s about the second, third….
What It Is
Our MCA Consolidation Program is designed to help clients pay off multiple advances they may have with other funders and make their scheduled payments rather than fall into a bad standing with other lenders, ending up in collections and litigation. The program works for any number of positions, 3, 4, and 5.
Key Features
- Reduction of total daily payments by 20-50%.
- Can last for a period of 2-10 months.
- Does not limit the number of positions it can consolidate.
- One day funding possible.
- Merchant funded via a weekly ACH;
- Premier Capital debits come out on the daily basis.
RENEWAL MODELS
Revolving MCA Available
The merchant can request to be funded any amount up to the amount of approval; in case a smaller amount is requested, the merchant will have the difference available to him at any time.
Early Renewal and Add-on
We can offer the early renewal option at any point after 6 weeks post-funding; expectations can be made on a case by case basis.
*Addons can be offered anytime, provided the merchant did not obtain funding elsewhere.
Basic Requirements:
- Fico 500+
- 9+ months in business
- No open bankruptcies and tax liens > $150,000
- No more than 4 existing positions
- No more than 3 negative days per month
- Documents to apply: 3 last bank statements and application