The 18 month merchant cash advance will become a standard part of the Citi Wide Merchant Funding underwriting process.
Citi Wide Merchant Funding has extended the time frame projection of its merchant cash advance program to 18 months. This is the longest merchant cash advance term in the industry. A typical merchant cash advance has a time frame of 3-6 months. At Citi Wide Merchant Funding we offer small business owners terms of anywhere between 3 and 18 months.
Why is Citi Wide Offering 18 month merchant cash advances?
As credit card receivable financing has matured larger transactions between lenders and small business owners have become more commonplace. The short-term nature of merchant cash advances had become a constraint on the ability to provide small business owners working capital that made sense. Citi Wide Merchant Funding is predicting this new 18 month merchant cash advance time frame projection will be a great asset to small business owners and make sense for businesses with irregular cash flow.
How can I apply for an 18 month merchant cash advance?
To learn more about how to start the working capital application process fill out the quick application on the left or call .