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Thu, 27 Jan 2022 11:22:08 -0600
2017-06-28 Print

FAM Experts Say the Merchant Cash Advance Greatly Benefits the Small Business Owner

First American Merchant’s merchant cash advance provides small business owners with the cash they need to cover expenses and fund growth.


Los Angeles, California - First American Merchant (FAM) is a high-risk specialist that provides flexible business funding and safe payment processing for “high-risk” business types and industries. The long list of merchants FAM services includes: automotive, dentistry, doctors, hotel and motel, construction, retail, trucking, beauty salon, among many others. Many of these industries and business types are categorized as such because of high volume or unpredictable sales. Bad credit, insufficient credit history (e.g. startups), bankruptcy and tax liens are also common reasons. Merchants no longer have to worry about getting a merchant account with bad credit.

“Here at 1st American, we understand the challenges that high risk business models face. In business, growth doesn’t always remain on an upswing. There may be dips and valleys along the way.”

First American Merchant’s most popular business funding solution is the merchant cash advance. Contrary to popular belief, a merchant cash advance is not a loan; it is simply a sale. Essentially, FAM purchases the business’ future credit card sales at a discount in exchange for a cash advance. With FAM, the amount purchased and at what discounted cost are agreed upon by both parties. The amount, along with the agreed upon fee, is then paid back as a percentage of the business’ daily sales.

Ultimately, this simple and straightforward collections process provides merchants with flexibility. FAM’s collections process allows the merchant to pay back more during busy months, and less during slow periods. There is no fixed monthly payment. The application process is also known for being simple, fast and hassle-free (unlike working with a traditional lender).

With FAM, merchants can submit the application in minutes, and receive funds in less than 72 hours (if not sooner). Because approval for the merchant cash advance is based on business performance rather than personal credit, time in business or financials, merchants have quick access to capital to boost their business’ cash flow. This extra capital can also be used for day-to-day expenses, covering payroll, purchasing new equipment and funding plans for expansion.

“We've built a large network to ensure you have the best options available to you, and we're still growing…business is changing, and we're thinking of new and interesting ways in which we can help put you at the forefront of that change.”

Located in Los Angeles, CA, First American Merchant Funding (FAM) boasts a large network of agents and numerous payment gateway options. Focused on “financing the American dream”, FAM is proud to offer the services of a full support staff and robust financing options to a broad range of industries. FAM has one of the best approval rates in the business, and specializes in working with businesses considered to be “high risk”.

Contact Info
First American Merchant
2840 Sapra St.
Thousand Oaks, CA

Phone: 1-800-210-5649