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| Below you will find a list of frequently asked questions.
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How can Acacia Funding help my business funding needs?
Acacia Funding can help you to manage your cash needs by providing you with a more responsive and hassle free alternative to traditional bank financing.
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How fast can I get the money?
Pre-approval is usually within 24-48 hours. Funding usually takes place in 7-10 business days or less.
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How much can I qualify for?
Anywhere from $5000 to $100,000, depending on your credit card sales volume. Click here to see how much your business may qualify for.
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Do I need to change my current Credit card processor?
No. You do not need to change processors. We work with many credit card processors so there is no need to switch, although if you would prefer we would be happy to recommend one of our partner processors.
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| Are personal checks required?
In addition to business and guarantor information, a personal credit check is part of our quick review and scoring process.
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Is it a loan?
No. It�s not a loan so there are no scheduled monthly payments or fixed maturity dates. We are simply purchasing a percentage of your future credit card sales.
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How do I know if I qualify?
Generally, you must have been in business for at least 12 months and have a minimum of $7500 of credit card sales per month, and meet other basic requirements.
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What can I use the money for?
Many of our customers use the money for business development needs like expansion, advertising or stocking up on merchandise. Other uses for the money could be to cover seasonal fluctuations or unexpected maintenance issues that could disrupt business.
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What information do I need to start the process?
1. Visa and MasterCard merchant account statements � 4 months of your most recent complete statements (so that we can average your monthly sales). Click here to apply.
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