Same as Cash Financing – FAQ

How much can my customers spend with this program? How much will the customer need to pay as the first installment? What additional charges will my customer incur by using this program? Will I need special equipment to process these transactions? What does is the cost for having this "same as cash" program? Is there any long term commitment on my part? What if I don't like the program after trying it?


How much can my customers spend with this program?

Customers may spend up to $5000 in a single transaction.

How much will the customer need to pay as the first installment?

Customers need only pay 25% as the first installment at the time of the transaction. So on a $5000 transaction the deposit would be $250.

What additional charges will my customer incur by using this program?

Guarantee ACH / Check discount rate 90SAC: **10.95% plus $1.95c per transaction Guarantee ACH / Check discount rate 180SAC: **Add additional 6% surcharge Guarantee ACH / Check discount rate 365SAC: **Add additional 16% surcharge

Will I need special equipment to process these transactions?

Yes and no. If you currently have a compatible credit card / check reader then we'll simply set it up to work with this program. If you don't have the equipment we'll supply the terminal to you at no cost.

What does is the cost for having this "same as cash" program?

Loan Underwriting Risk / Discount Rate: 2.50% per funded transaction (billed exactly like accepting a credit card transaction) Monthly Statement Fee: $10 Monthly Equipment Fee: **Free

Is there any long term commitment on my part? What if I don't like the program after trying it?

As with all of our programs there is never a long term commitment, no penalty for cancellation. But we're sure you'll be so pleased with this program that you'll never have to worry about cancelling the service.

Call For More Information: 1 (888) 249-0605

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Merchant Capital Store

8670 w. cheyenne ave, suite 120, las vegas. nv 89120 info@merchantcapitalstore.com View Larger Map
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