We do our best to have solutions ready for you at your fingertips. If you cannot find an answer to your question please contact us for more details.
Yes. We discovered that over time we offer more funds then all our competitors, with our goal being to grow along with your business. As your business grows, so does the amount of funds.
Based on our cutting edge underwriting and pricing, we have the ability to pre-approve your business for up to 3 times the amount you originally receive.
Yes. We can still get the funds for your business, however the program is slightly modified. We have a starter package that you can join. Once your funding specialist understands you, and your business your credit score becomes irrelevant.
A Merchant Cash Advance (MCA) is an advance on funds which is provided dependent on your businesses credit/debit card payments. It differs from a loan in the sense that the money is paid back through a percentage of your daily credit/Debit card sales. There is no accrued interest, fees or additional charges, and the payments are flexible. Which means that when you are having a slower month, you don’t repay us anything more than you can afford.
The answer is limitless! You can use your merchant cash advance towards any activity which will assist in the growth of your business or the maximization of profit. This can include expansions, acquiring new or additional inventory, purchasing new technologies or equipment, paying employee wages, marketing activities, etc.
You could have your money in your business bank account by the end of the day! Our team works as quickly and efficiently as possible to ensure that you receive your desired advance as timely as possible. Call, Email or apply online now to be in touch with one of our team members!
You can receive an advance for as little as $10,000 to a maximum of $250,000 depending on different factors.
We try our best to approve all applications. If your business meets this basic criteria we are able to fund your business.
For a faster more accurate quote please verify your bank with a simple step.
We made the process as easy as possible because we want you to get the funds you need when you want it. All we require is:
Yes. We have no problem approving accounts that currently have outstanding advances with competitors. And we will not make you pay them out early.
In most cases we do a soft check. Meaning we have a look at your credit report, however it does not register on your credit score, and is not considered a debt on either you or your business.
Absolutely not. We are completely processor and bank agnostic. You can be with any Canadian financial institution and we are happy to work with you.
2M7 Financial Solutions is a provider of alternative funding & merchant cash advances for Canadian businesses. We have developed a proprietary system to evaluate risk and determine credit worthiness in a way that is not used by traditional funding sources such as banks.