By using your business’s future receivables or daily credit card sales, your business can qualify for up to $250,000 in the form of a Business Cash Advance.
Claremont Advance specializes in securing working capital for small, medium and large sized businesses. Industries like Retail, Auto Repair, Restaurants, Medical and Dental Practices, and many more rely on cash advances to sustain and grow over time.
You do not need perfect credit to qualify for working capital. We simply purchase your future receivables or daily cash sales upfront and give you the cash your business needs.
Excellent customer service. They answered all my questions and got me an advance the very next day.Roger Clinton
We could not have expanded our business without you guys. Could not be happier with this service!Vanessa Davis
These guys went above and beyond to take my startup business to the next level. Can't recommend them enough.Ross Brockman
For short term capital there is no better solution, especially if your personal credit isn't great, they can still make it happen.Ryan Segel
Not only was the staff super helpful, but very friendly and easy to talk to. I had many questions/doubts but they were happy to address them all.Janine Vega
We've used this service 4 times and it helped increase our sales exponentially. The staff is great to work with and really knows their stuff.Chris Barrington
These folks literally saved my business from going under during a dry spell when all the banks were rejecting my loan applications. I won't work with anyone else nowBradley Teller
Exceptional customer service and fast approval of funds. I was pleasantly surprised!Nicole Reynolds
Claremont helped fund our first business and has become a valued partner in facilitating our growth and success. Highly recommended!Jeremy Diaz
Customer service is world class. They are always there to answer my questions and help plan the future of my business.Richard Manning
After dealing with red tape from banks for weeks, this process was so fast and simple that I couldn't believe it! Awesome service.Gary Rhodes
Great staff. Great service. Would recommend them to anyone starting or expanding a business.Rodney Cooke
Great service and very knowledgeable staff. They were super friendly and helped my business take off within days. Highly recommended!Andrew Kean
After getting rejected for one small business loan after another, Claremont went above and beyond to help me expand my retail business and open a second shop.David Hutchinson
Kept my shop running during one of our slowest seasons. We would not be in business today if it weren't for the excellent staff at Claremont.Sheryl Goodman
The North East can be tricky for landscaping. We wanted to expanded to snow removal and got the money we need from Claremont.Walter Newcomb - Vermont
Mother Nature can be unpredictable. Needed to get through a rough patch and Claremont helped us get through the season.Irene Copeland - Missouri
Needed a new truck. The guys at Claremont got me approved in a couple of days. Much thanks.Derrick Ward - Georgia
We wanted to expand our staff to handle a larger client base. We got funded from Claremont and worked out great.Lisa Vondell - Oregon
Our rent increased and we started to feel the strain on our business. Michael at Claremont helped us get us back on our feet.Edward Acevado - Illinois
We discovered a leak in our facility. We received a $5,000 advance and had the issue fixed.Darrel Ramsey - Flordia
Wanted to make general improvements to our waiting room, but did not have the budget to do so. Claremont worked out a plan that we could manage.Judy Goldman - Connecticut
Our HVAC systems needed repairs. We had the money in 72 hours.Maribel Esposito - Nevada
Sometimes insurance payments do not clear fast enough. I needed some extra operating funds and Joseph at Claremont did a great job working with me.Elsa Sinclaire - Arkansas
Two freezers broke and one had to be replaced. We needed some money fast and Claremont stepped in and helped out.Ryan Wilson - South Dakota
I wanted to build out additional space and needed $30 grand. Joseph at Claremont got me the funds within a week.Lenny Pollard - Utah
The Holidays were a bit slow and needed some extra cash. I worked with Michael at Claremont and was able to get the funds necessary to carry us over.Chantel Lee - California
My renovation went over budget and needed some fast money. Claremont got us funded in two days. Thank you for all you help Joseph.Gerald Baptiste - Florida
My store is everything and Claremont has helped us through a couple of rough patches. I can not thank them enough.Todd Foster - New Hampshire
Needed anew heating system that was gonna cost a bundle. The guys at Claremont worked out a great plan for me. Thank you.Chris Nugent - Colorado
I had other cash advances before and Claremont charged me no extras fees and was by far the easiest to work with.Deborah Powell - Indiana
Our parking lot had to be repaved and we did not have the additional funds on hand. I worked with Joseph to get the advance and it was very smooth.Rajesh Patesh- New Jersey
We wanted to expand our current location and we got the construction money were looking for from Claremont.Christine Cho - Massachusetts
The dentist chairs needed maintenance and I called Claremont to get a cash advance.Gary Mitchell - Oklahoma
We needed some new computers and filing cabinets. Michael worked with us to secure a small advance to make the purchases.Maria Alvarez - Pennsylvania
We moved to a new location and needed some capital for equipment upgrades. I got funded in 48 hours, thanks Claremont.Peter Horowitz - Florida
Our rent increased and I needed a cash advance to get through the first couple of months. I have continued to grow my business and no longer worry about my margins.Laura Stralbren -New Hampshire
I recently remodeled my salon and found we needed some additional capital to operate. I got a small advance from Claremont and it helped us through that time.Grace Milagro - Connecticut
Wanted to add two more tanning beds and the guys at Claremont got me funding within the same week.Daniel Sandow - Arizona
Needed money for inventory and some upgrades. Thank you Joseph.Jeanine Palumbo -Florida
After 8 years in business we needed a lot of upgrades and renovations. Within a couple of days we were able to start turning our whole salon around. Thank you Joseph.Alicia Hernandez - Pennsylvania
The salon is near a University and when the students go away, business slows down. We made it the through the Summer season thanks to a Claremont Advance.Lily Nygen - Virginia
We had some water damage in the shop and had to replace some equipment. The cash advance was perfect for our needs.Jerry Sparrow - Delaware
The Winter business can very slow, especially when the weather gets real tough. Joseph got us enough funding to get through the months.Steve Glehn - Massachusetts
Things got slow and the guys at Claremont came through for us.Chris DePollo - New Jersey
Times got tough and I was having trouble with the bills. Michael at Claremont worked out an advance I can manage and 5 months later I was back on my feet.Lance Wellbrook - Idaho
The advance with Claremont helped grow my business. I needed to hire extra help in the shop.Luis Garcia - Florida
The shop had a leak in the roof and I needed $5,000 to not fall behind. Thank you Claremont Advance.Pat McKenzie - Illinois
A merchant cash advance is a means of alternative funding, similar to Factoring, where a business’s future receivables are purchased. Payment terms differ depending on qualifications and are contractually agreed upon prior to receiving funding.
Upon qualification you will receive an agreed upon amount of cash by the advance provider, which is then repaid automatically using a percentage of your daily sales/transaction receipts.
Maximum funding is $250,000, but the approved amount will ultimately depend on your personal credit and business perfomance.
Fundings are advanced as quickly as 24-48 hours. Depending on the required underwriting stipulations, time frames may vary and exceed 48 hours.
Funds are to be used for business expenses and working capital. Aside from that, you are free to make any relevant purchases.
No. Our objective is to build a long term relationship by providing the alternative financial resources that can help you grow your Business
Depending on the funder, yes, you can receive additional funding and have more than one active merchant cash advance.
Unfortunately, most funders require the merchant to be in good standing in order to receive funding.
This is a letter provided by your cash advance company that is used to verify your outstanding balance with that funder.
Depending on the funder the requirements may differ. Usually funding amounts upward of $50,000 will require recent tax returns, financial statements/reports among other specified information and documents.