First Federal Advance

FAQ



We usually take a set percentage daily from your Credit Card Sales, that way we roll with your business to help with cash flow. (No fixed payments and no set time period).


$5,000 to $250,000 per location but we will need recent credit card processing statements to tell you exactly what you may you qualify for. You can easily fax your statement(s) to 1.888 340-1332 (1FFA)



Typically funding takes place within 72 hours after approval. The funds are direct deposited into your business account.


Our product is , not a loan. As long as you meet our requirements, we can still provide you with immediate cash, without affecting your other obligations.  


First Federal Advance is not a bank. This is not a loan. “We provide working capital for businesses.  This is alternative financing.



To get started simply fill out the simple one page application and a funding specialist will get in touch with you immediately to discuss your options and specific needs.



YES- We often offer larger amounts than others and will payoff your existing balance if it is in your best interest. Call us today to find out how much more you are qualified for.


Over 87% of our applicants get approved and funded in less than 7 days. Our review standards are streamlined to provide an expedited approval process that requires minimal documentation. Qualification is free and easy:

Have you accepted Credit Card transactions for at least 6 months? or have pending receivables due your Company?
Is your monthly Credit Card Volume at least $5,000?
Are all prior bankruptcies resolved?
Do you have at least one year remaining on your current lease?



First Federal Advance offers fast no cost/no obligation quotes w/ options. There are no up-front fees and we do not charge for any “out of pocket” expenses.





No, you do not have to change your current credit card processor. Our unique system will allow you to continue with no interruption in your current service and never change existing equipment or software.



No. Our funding's do not normally require a personal guarantee, however, individuals may be liable in cases of fraud, misrepresentation, as further detailed in the agreement.



No. We maintain the percentage until paid in full, as long as in compliance will the agreement.



Yes. We offer programs that range from 6 months to 12 months based on the business owner's needs.


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