Cash Advance Programs

It's Easy to Qualify

for a Merchant Cash Advance from NBC

  • Tell us how long you have been in business (we generally require at least one year with the same ownership at the same location).
  • Demonstrate a minimum monthly credit card volume of $5,000.00.
  • Meet a few other qualifying criteria.

We encourage you to take advantage of the information and resources offered to learn all you can about your business' potential options for business capital. See if a Merchant Cash Advance is the right working capital solution for your business' needs.

Merchant Cash Advances from North Bay Cardservice (NBC) are a smart way to get working capital for many small and medium-sized businesses. Small businesses have used NBC's merchant cash advance program to obtain the working capital needed to stabilize, grow, and take advantage of opportunities.

A Merchant Cash Advance is the purchase of future credit card receivables; it is not a loan. Sometimes called "credit card receivable funding" or "credit card factoring", eligibility for a Merchant Cash Advance is primarily based on the strength and consistency of your business' credit card sales.

For many business owners, a merchant cash advance offers benefits that are not available from lenders and other financing sources. For example, while a business owner's personal credit history may be reviewed for an application, a poor or damaged credit history is not an automatic disqualifier for a business. While many working capital options might take weeks or longer to secure, a Merchant Cash Advance puts money in-hand in as few as 3 business days, and this money can be used for any business purpose.

How it works...

Your business agrees to sell a fixed dollar amount of its future credit and debit card sales at a discount. Once approved, your business will receive a lump sum of working capital as the purchase price. This money can be used for any business purpose.

There are no checks to write and no possible late fees. Your business operates as it always does. Through an automated process, when you "batch" your credit and debit card sales, the processor automatically forwards NBC the agreed-upon percentage of receipts.

The percentage retrieved from the business' daily credit and debit card sales remains fixed. This means that, on a busy day where credit/debit card sales are up, the retrieved amount is a little higher, but on days when credit/debit card sales are slow, the retrieved amount will go down accordingly. The percentage retrieved is fixed, not the amount retrieved. We get paid when you get paid.

Equipment Rental Program

Don't want to sign an equipment lease or purchase equipment? North Bay Cardservice will work with you to set up an equipment rental specific to your business needs.

Dedicated Support

North Bay Cardservice separates ourselves from other merchant service providers by providing unparalleled merchant support. Our merchant relations team is committed to providing hands-on exceptional customer service and has years of experience in the industry. Your success is our goal and we provide dedicated support to accommodate your needs.