FAQ
We’ve Done Our Best To Compile An Exhaustive List Of Common Questions That We Typically Get Asked
How do I know if my business qualifies for a Flex / Fixed Solution?
If your business has a physical location, there’s more than six (6) months left on your lease, you’ve been in business for at least six (6) months, and you process at least C$5,000 per month in debit/credit card sales, then you meet our basic qualifications! Find out exactly what you qualify for by filling out our online application form and a Flex / Fixed Solution Capital Relationship Manager will contact you within 24 hours.
Can I pay my balance off at any time?
Yes – at any time you may pay your remaining balance without any penalties or stipulations. In fact, in some cases you may be eligible for a discount if you pay your entire balance off in full. Contact your account manager to find out if you are eligible.
Does it matter who my debit/credit card processor is?
It does not matter who your current debit/credit card processor is. Our automated system has been designed to work with all major processing companies. At Merchant Growth we will never ask you to switch from your current processor – we are not in the business of payment processing, we are in the financing business!
Will bad credit affect my Flex / Fixed Solution application?
Although your credit score is a factor in our decision, there are many other factors that play into our decision of whether or not to advance cash to your business. Having excellent credit is not a pre-requisite. Also, your Flex / Fixed Solution will not affect your credit score. Apply now and see how much you qualify for!
Get Started Today
Complete our online application and we’ll contact you with financing options tailored to your business needs.