Merchant Cash Advance

The advance's payback amount is determined using a factor rate, not a standard interest rate, unlike a bank credit. In general, factor ratios lie between 1.20 and 1.35.
The reimbursement process begins as soon as the money is deposited into your account. Additionally, we will modify the payback sum in accordance with the monthly income generated by your company.

The borrowers of Onkoure Financial Services merchant advance loans may benefit.

Nearly all small and medium-sized businesses that are seeking to get a merchant advance to support different business processes can use Onkoure Financial services. The following businesses would profit from Onkoure Financial Services retailer advance loans:

• wholesale industries
• eCommerce
• Businesses
• dental clinics
• Medical offices
• Healthcare
• institutions and retail outlets
• auto maintenance facilities
• Restaurants
• construction firms, among many others!

PROS

• rapid clearance
• Quick financing
• due research and minimal underwriting
• minimal documentation needed
• Acceptable are almost all kinds of credit.
• Will still support despite tax liens
• Everything can be done online, and money is wired straight into a business account.

CONS

• possibly costly
• calls for everyday repayment (or weekly)
• High prices can stop efforts to obtain conventional financing
• A general claim on all company assets
• There is no tax deduction for interest.
  could strain financial flow
• Short conditions for repayment

With a traditional bank loan, you run the risk of defaulting on the loan or making late payments, which could cost your company the security or even lower your credit score. An MCA, in contrast to a bank loan, is a sales transaction, so it has no impact on your credit report. Even without the need for collateral, the loan can be secured.

Our financial experts are accessible for consultation at any time.
In contrast to most lenders, Onkoure Financial Services employs a committed group of advisors who provide customers with a free consultation. You can make wise financial choices by utilizing these free services.

Trustworthy lender
Onkoure Financial Services works with a variety of financial organizations, including credit unions, mortgage lenders, and others. Along with dealing with financial institutions, we are constantly looking for technological advancements that will make application processes simple and quick.

Outstanding customer care
Onkoure Financial Services is committed to exceeding, if not meeting, the standards of our clients.

Coverage on a national and worldwide scale
Although we have our main office in Miami, Florida, we also service customers from Canada, Puerto Rico, and all other US states.

Minimum requirements
Onkoure Financial Services provides loans to any company as long as it has been operating for at least 12 months and is generating $30,000 in monthly sales, in contrast to traditional lenders who only fund well-established businesses with strong credit histories. Furthermore, regardless of its FICO score, any company can be eligible.

Onkoure Financial Services respects individuals who are minorities
Every business, in our opinion, should have the chance to succeed. Veterans, Latinos, and businesswomen are especially urged to apply for a merchant advance because of this.

You could win up to $5,000,000.
Another reason to choose us for your financing is that, as long as your company generates respectable credit card sales each month, you could be eligible for up to $5,000,000.