CAPITAL TO GROW
Mega M LLC offers several capital acquisition programs to help you take your business to the next level. You decide how to use the money; grow or expand, advertise, hire new employees, or buy that piece of equipment you need – it’s up to you.
Here is just a sampling of the business growth packages we have available:
MERCHANT CASH ADVANCE
Put all that time and energy into running your business. Your partnership with us means you could qualify for a Merchant Cash Advance against your future Visa/MasterCard sales.
New business can qualify
Your monthly Visa/MasterCard Volume must be at least $5,000
All prior bankruptcies must be resolved
You must have at least 12 months remaining on your current retail lease
WHAT ARE MY BENEFITS OVER APPLYING FOR A BANK LOAN?
Our Cash Advance Program is usually quick and easy.
It requires very little paperwork and NO collateral, upfront fees or closing costs.
Payback ebbs and flows with your processing volume.
Advertise to grow your business
Expand inventory or improve facilities
Pay taxes, operating expenses or meet payroll
Get through a slow period (great for seasonal or cyclical businesses)
WHAT IS IT?
Mega M’s Merchant Cash Advance is not a typical business loan, but rather an advance against Visa and MasterCard merchant account receipts. It is repaid through the merchant account itself.
As a merchant, you can sell a specific amount of your future credit card sales and receive payment now to be used to build and strengthen your business.
Once approved, the cash advance is deposited directly into your bank account. Payback is made through an automated deduction from your merchant account of an agreed upon percentage of your net settled credit card sales. There is no interest rate – you agree to payback a predetermined amount. Also, there is no “term”, but rather it’s a percentage of your settlement. Your payback time varies with the amount of your card sales.
ACCOUNTS RECEIVABLES FACTORING
Do you have outstanding invoices that you would like to sell? Not a problem. Our accounts receivable factoring program gives you the money you need, quick.It’s fast and easy. We will purchase your outstanding receivables to give you the cash infusion required.
FINANCING AND LEASING
Mega M offers a vast array of finance and lending companies nationwide. Whether you need to lease a single Point-of-Sale system or large capital purchase for business, we have a program that will fit your needs. Leasing gives you the ability to purchase new equipment with a minimal down payment and enjoy the tax benefits of deducting 100 percent of your payment.
If you’re pursuing significant investment capital or are considering a sale or merger, let our extensive network of financial professionals locate the right partner for your company. Mega M has formed strategic partnerships in order to help locate potential investors and/or interested parties looking to make acquisitions. Call today for more information.