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......Overview
......+ How can InstaPAY help fund my business needs?
We offer a unique Business Cash Advance program that is not offered by banks, leasing companies and other traditional lenders. It's a quick and simple process with many benefits and few requirements.
......+ How does InstaPAY's business cash advance work?
You are advanced an amount based on your current Visa/MasterCard/American Express or Discover Card sales receipts. Then, over a period of several months, a small percentage is deducted from your ongoing credit and/or debit card receipts. There are no fixed payments and no fixed term.
......+ How does business cash advance compare to a bank loan?
Unlike conventional bank loans, which require a written loan proposal that is tedious and time-consuming, a cash advance with InstaPAY takes just a few moments. Most businesses are approved regardless of personal credit.
......Qualification
......+ How can I qualify for a business cash advance?
If you have been in business more than 9 months, have at least $3,500 of monthly Visa/MasterCard receipts, and meet some other simple requirements, you will most likely qualify.
Click here to start the application process.
We determine the amount your business qualifies for based primarily on your current Visa/MasterCard/American Express or Discover Card sales receipts.
......+ Does my credit score matter?
It is not necessary for you to have good personal credit to receive a business cash advance. A poor credit rating will not normally influence a cash advance.
......+ What if I already have a business loan?
Our product is an advance, not a loan. As long as you meet our requirements, we can still provide you with immediate cash, without affecting your other obligations.
......Application Process
......+ How do I apply?
Click here to fill out our online application or call
1-866-905-5300.
......+ What documents will I need to provide for approval?
Along with our application we will need 4 months of your most recent Visa and MasterCard merchant account statements (so that we can average your monthly sales) and a voided business check.
......+ How easy is it to get approved?
From start to finish, the entire process is simple, fast and hassle free. The majority of applications are prequalified within 48 hours of receiving the application and documents, and funds are deposited in your bank account within 7 days.
......+ Will I need to change credit card processors?
Yes, we switch your merchant account to automate the payback process and save you additional money on your credit card, debit card and gift card payment processing rates, fees and services.
......Fees & Costs
......+ Is it going to cost me to apply?
No -- the application is free and there are no up-front fees charged to our customers.
......+ Are there any closing costs?
No, there are no closing costs or fees of any kind.
......+ How much will my business cash advance cost?
Pricing is based on the size of cash advance, the estimated time of distribution, and various other integral details of the cash advance program.
......+ What is the percentage of Visa/MasterCard sales that are held back?
Your monthly Visa/MasterCard volume, how much you borrow and how long your payback period determines the percentage held.
......General
......+ Who can answer my questions, or help me start the funding process?
You can reach us toll-free at
1-866-905-5300 between the hours of 8:00 am and 6 pm PST, or you can send an email to
info@instapayintl.com and we will be happy to answer any questions about our service.
Unlike a bank we have no restrictions on the merchant's use of funds. You spend the money for any business purpose you see fit.
......+ Do I have to get a new credit card terminal?
Not usually. All we do is re-program your terminal for you, and we are also compatible with most of the P.O.S. systems in the market.
......+ How do I keep track of my outstanding balance?
We will send you a monthly statement.
......+ Can the cash advance be renewed?
Yes, when the business cash advance balance is down to approximately 50% of the original balance, you can request a renewal.
