JD MERCHANT CAPITAL LLC

 

What is a processing solution?

It’s a device, software or virtual product that allows you to connect to a Merchant Account. Without a processing solution, like a credit card terminal, there would be no way to verify, approve and deposit credit card transactions.
   

* Gift Cards

* Terminals

* POS

* Credit Card Readers

* EBT Service 

* Overnight Deposits

* Easy-Pay, Easy Bill

Credit card use is at an all time high, accepting them as a small business is no longer an option but a requirement. Already processing with a competitor? We offer the lowest rates in the industry. We offer a free rate analysis; let us show you how much you can save by working with our company, line by line.
 

What is an unsecured loan?

Unsecured loans are not guaranteed by any type of property, no collateral. When considering applicants for our unsecured loans, JD Merchant Capital LLC determines the stability of your business by looking at your monthly cash flow, not just your credit score. We evaluate your gross deposits, average daily balances and overall cash activity. 

These programs offer the controlled structure many business owners prefer:

* Loans ranging from $5,000 – $250,000  

* 3 – 18 month terms

* Fixed interest and payments

Decisions are made as early as one business day and funding as fast as two business days.

 

What is a merchant cash advance?

Merchant cash advances provide you with a sum of capital by purchasing a set amount of your future credit/debit sales. We offer a range of merchant advance programs:
 

* Starter Program - Applicants with less than $5,000 in Visa/MasterCard sales per month and have large tax liens

* Recent discharged bankruptcies - Approved for up to 200% of sales, revenue or income, no credit requirement.

* Traditional Merchant Advance - Standard advance, qualifies for up to 200% of sales, revenue, or income. Clients      typically have a year in business with an average FICO score above 525.

* Premium Advance - Advances starting at $25,000. Business must have been opened for two years, FICO score of 625 or better. Qualifying for up to 200% of sales, revenue, or income.
 

What is Health Care Financing?

Doctors, dentists, chiropractors and others in similar practices find themselves in need of financing on many occasions. We appreciate your daily service to help others in their quality of living and want to extend our gratitude by helping you get the financing you need. Given the nature of your industry, health care programs allow for, generous approvals in comparison to standard programs and expedited funding.
 

* Upgrades to data storage

* New Technology

* Advertising

* Buying out a partner(s)
 

What is the difference between a cash advance and a traditional bank loan?

A cash advance is based on your business' projected sales, revenue, and income, not just your credit score alone. Unlike traditional business loans from a bank, cash advances are approved quickly and without excess paperwork. Our cash advances are unsecured, and do not require collateral.

 

Are there any application fees? No, there are no fees or charges to receive a cash advance.

 

How much money can I get?

The amount of your cash advance depends on your monthly historical credit card sales volume. Each merchant will have his or own custom tailored cash advance program.

 

How long until I receive my cash advance?

The process takes seven to ten business days from the date you submitted your completed application. 

 

Can I pay off my cash advance early?

Yes, you can repay your cash advance early, or make a larger payment at any time without any penalty or fee.

 

Does a cash advance affect my credit score?

A cash advance does not show up on your credit report and does not affect your credit score.
 

Do you check my credit?

We do a soft credit check to ensure you are not currently in bankruptcy.

 

Can I renew my cash advance?

Yes. In fact, if your credit card sales volume increases, you may be eligible for a larger cash advance amount, in addition to renewing your existing cash advance.
 

Do I need to change my merchant processor?

You may need to change to a merchant processor that has a relationship with JD Merchant Capital LLC. However, if your current processor is compatible you may not need to change. This is the revolutionary way in which the merchant fulfills their cash advance obligation.
 

Are there fees associated with changing merchant processors?

There are no fees associated with changing merchant processors when your advance is funded. Our merchant processors guarantee to meet or beat your current credit card processing rate.
 

What if I do not accept credit cards?

If you do not currently accept credit cards, we have hassle-free technology available at wholesale prices. If you are not interested in accepting credit cards at all, we have alternate cash advance programs which do not require merchant processing.