Apply for a Small Business Loan

Working Capital Funding your business needs
Stay ahead of your competition
Applying for a Small Business Loan with VMS can get your business the working capital it needs to grow without the hassles of applying for a traditional bank or SBA loan. Get up to $250,000 in under 72 hours.
What you can do with
additional working capital
Purchase Needed
Equipment/ Remodels & Repairs
Maintain Higher Inventory
Levels to Meet Demand
Refinance
Debt/Cash Flow

Features & Benefits
Your Business is Ready to Grow
Investing in your business keeps you ahead of your competition, but great new ideas cost money. Working Capital Funding from Velocity Merchant Services will give you the resources you need to fund the growth of your business keeping you ahead of your competition.
Avoid Bank or Loan Hassle
Working capital from Velocity Merchant Services is based on your current business revenue and not just your credit card processing volume. This means there is no collateral, no hidden fees, and no stacks of paperwork to fill out. You are free from all the hassles of a traditional bank or SBA loan. We will work with you to quickly and easily get you the cash you need to grow your business.
Freedom to Expand Your Business
Once you’re approved, the money is yours to do with as you please. When you process with us, the money is paid back in proportion to your sales. This relieves the pressure of having to make monthly payments and gives you the freedom to focus on the parts of your business you love most.
Frequently asked questions
Clover Capital with VMS is not a loan, so it doesn’t carry any interest rate. VMS is simply purchasing future card receivables for a discount today.
There is no fixed payback schedule. We take a percentage of your future credit card sales until we are paid back. If your sales slow down, our payback slows down.
The percentage varies based on how much money you want in advance compared to your monthly sales. It’s typically between 8-20%. Our goal is to help you grow your business and not to interrupt or hurt your overall cash flow.
You typically qualify for whatever you process in credit card sales
Credit is only one of the numerous factors used to make an approval or decline decision for Working Capital.
There is no prepayment penalty.
If we have all the documents required you can receive funding as quickly as 72 hours.
If we don’t have recent credit information already on file from the underwriting process for merchant processing we do need to pull credit. We only perform soft credit pulls.
In most cases you will need to pay down existing obligations with the fund received through Working Capital. In a limited number of cases they may consider taking a second position.
Yes, you can request another advance once you have made 60% of the payments on your current advance (for advance amounts >$5,000). However, you cannot have multiple open Working Capital advances at once under the same merchant ID.
Working Capital isn’t collateralized by assets and doesn’t require a personal guarantee, making it more risky than traditional business lending products. As such, the discount rate set on future receivables need to compensate for this risk.
No, not at the present time. In fact, a merchant with an outstanding Working Capital advance must keep their processing with VMS in order not to be in breach of their Working Capital agreement.
No, Working Capital isn’t a business loan and doesn’t require a personal guarantee, so legally we cannot seize assets. However, they reserve the right to make UCC filings to alert other creditors of its position and partake in available proceeds in the event of a business liquidation.
A customized funding program is designed to give you access to the capital that you need today. You will receive as little as $3,000 up to $250,000 based on your current business revenue and not just credit card sales receipts. You are then funded within a few days.
You need to have documented business revenue for at least six months and it does not have to just be credit card processing. Velocity Merchant Funding will give you the working capital that you need based on the strength of your business. The more you have in revenue, the more funding you will be approved for. The entire process is simple and easy for you.
Your pre-approval is usually obtained within 24 hours. Your funding can take as little as 72 hours depending on the amount of the transaction and the time it takes to receive any necessary documents.
No, this is not a loan. It is a purchase of future credit card receivables/receipts. Velocity Merchant Services shops amongst various funding companies to get you the best deal. It is more flexible and much easier to get approval for than a bank loan or SBA loan.
Ready to Get Started?
Speak with a business specialist.