Frequently Asked Questions -
What can Goldbar Capital do for my small business?
We offer you a solution for the working capital needs of your small business that is not a bank loan or small business loan, so you are more likely to be approved.
How does a Business Cash Advance work?
Goldbar Capital purchases a percentage of your future sales transactions and provides funds to you today. Price’s share of purchased receivables is remitted by having an agreed upon amount of your daily bank deposits debited from your bank account via ACH daily or by having a set percentage of your merchant account settlements paid to Goldbar Capital and the remainder passed through to your usual account.
What are the minimum requirements to qualify for an unsecured business cash advance or merchant cash advance?
Must have a minimum of $10,000 per month in bank deposits or credit card processing from sales activity. Business and business owner must not have any open bankruptcies or judgments.
How much can I qualify for?
Your monthly receivables deposit volume is the primary factor in determining how much you will qualify you for.
Is this a bank loan?
This is not a bank loan. Our program purchases a specific dollar amount of your future sales revenues and we provide money that you can use now.
Why do you need to see my financial information?
Just as with any financial transaction we have to have some basis for determining whether or not providing an advance to a specific business is a sound financial decision. Therefore it is necessary that we request some of your financial information in order to make that determination.