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MERCHANT CASH ADVANCES

We offer merchant cash advance and alternative loans to small and medium sizes businesses factored by a review of previous debit and credit transactions. Repayment is made through an automated process. We debit a specified withholding percentage of your daily sales batch outs, only after the sale is made. As sales fluctuate, so do payments, ensuring no fixed time frame and no fixed payment schedule. The rate at which we collect the advance is determined by specific business needs and a review of your previous monthly Visa, MasterCard and Interac payment processing summary reports.

Synergy Merchant Services is Canada’s largest and most reputable merchant funding and merchant cash advance company which maximizes alternative funding options to all Canadian business owners seeking working capital. For this reason Canadian business owners now have an alternative business loan option and will qualify to receive merchant cash advances of up to $125,000 per business location. The cash advances require no collateral and they do not show on your credit history.

We DO NOT require collateral guarantees
We DO NOT require liens
NO FIXED PAYMENTS
Our program doesn't show on your credit
and; we get you the cash in 5 BUSINESS DAYS!!

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HERE'S HOW MERCHANT CASH ADVANCES WORK

It's simple. We give you a cash advance based on your previous Visa, MasterCard and Debit Sales and remember, we get it to you in 5 business days.

The way you pay us back is through a small percentage of your future Visa, MasterCard and Debit sales.

Our product is truly intended to be a business friendly working capital tool that will work with your business.


Merchant Funding - The reality about Cash Advance alternative business funding

What's The Reality?

Our job is to get your company approved for as much working capital as possible as fast as we can. We keep your personal information and the business you do with us in the strictest confidence. Our job is to facilitate the merchant cash advance process and get you approved and funded as quickly as possible for your business' greatest needs.

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SYNERGY MERCHANT FUNDING BENEFITS

 

What's the cost and what's the next step?

It is really easy to find out how much you qualify for and exactly how much it costs. We need five months of your merchant statement summaries to prepare your quote and you must be able to answer any questions pertaining to your business. We understand every business is unique and every quote we prepare is catered to each specific business.

Your 6 Step Process To Qualify

STEP ONE: Prepare your merchant summary statements. The ideal summaries we need you to get ready are...

9 Months Merchant Summaries

The reason we ask for statements from the previous year is to factor your previous receivables and calculate a customized withholding percentage that will work best for your company.

STEP TWO: Please choose one of the following options to submit your merchant summary statements for our review. It is recommended that you submit your statements with contact information so our administrative staff can find your client file easily or create one for you.

(Option 1) Toll Free Fax

1-866-655-9959

Sending by FAX has proven to be one of the fastest and easiest ways to streamline your application. If you send a fax, please call to ensure it was received.

(Option 2) Instant E-mail

info@synergymerchants.com

Sending by e-mail is very fast however sometimes unreliable because of spam filters, file types and sizes. If you plan to send your merchant summary pages by e-mail please ensure that they come in either .PDF or .JPG format to ensure they do not get blocked. If you send an e-mail, please call to ensure it was received.

(Option 3) Snail Mail Post

10 Kodiak Crescent, Suite 101 Toronto, Ontario M3J 3G5
Toronto, Canada

This option is not recommended and should be used only as a last resort because of paper waste and the fact it is not the most efficient and time effective way to get you the money you need for you company.

STEP THREE: Wait up to 2 hours for administration and processing of your client file to create our custom quote for your company. Once this process is complete, you will receive a call from your assigned agent who will discuss your personal quote with you.

If you need immediate assistance, please call us toll free at 1-866-299-0101

STEP FOUR: Merchant Funding - The reality about Cash Advance alternative business funding When you apply through our website, it will ensure that all the information we have for you is on file helping us to know who to reach when we receive your merchant summary pages. This is also the most effective way to submit your important details to us as it generally only takes 30 seconds to do.

If you have questions about how to apply through our website, please click Live Chat to speak with an operator who can answer any question you may have or point you in the right direction.

STEP FIVE: Sign and send back your completed contract. Once your assigned account manager gets your permission to move forward with your merchant cash advance, we will collect the important information we need to complete a formal contract and submit it to you for signatures and important documentation as well as the confidential information we require. You will then be requested to fax back all signed agreements and documents requested for final application approval.

STEP SIX: Once approved. Wait 48-72 hours for your advance to be deposited directly into your business banking account.

From the date that you are funded, you will be debited your pre-specified withholding percentage each day you batch out until the entire repayment is completed.

Merchant Cash Advances Canada

Check out our Synergy Merchant Blog

The Synergy Merchant Funding Blog is published from years of experience in the merchant funding and merchant cash advance industry. The articles in this blog are expressed by only our top level executives to provide you with the most up to date industry information, internal press release and client program information. Please check back often for updates or subscribe to our RSS feed.

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In our official Synergy Merchant Funding Blog we discuss very important topics like working capital, credit, advances, application processes, business cash flow, business loans, financing options, different lenders, funding programs, small business advances and startup loans.

Equally important, we discuss alternative loans like private lenders, financial aid and government grants.

In addition, our views on relevant current events make their way into our blogs from time to time..

 

Synergy Merchant Funding Blog


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Member of the Canadian Restaurant & Food Services Association

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Client Testimonials

Synergy Merchant Services has lived up to every promise made to me and my company in my time of need."
Restaurant (St. Catharines, Ontario)


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