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Decimal Factor USA

Merchant Business Funding

Hair Salon Owner

"Within a week the amount we had asked for our salon was on my account. Great service!"

Business Funding FAQs

We're in the business of helping the small business owner. Let us help you on your next business funding.

  • 1. How can Decimal Factor help fund my business needs?

    We offer a revolutionary new financing program designed to help you to manage your cash flow needs by providing you with a more responsive alternative to traditional bank loans. Our Business Funding is a simple and straightforward form of unsecured funding where the pay back amount is known up front and does not change. No penalties and no hidden fees. We have 90% approval rate.

  • 2. How does the Business Funding program work?

    Our Business Funding offers a revolutionary way to finance your business operations. The most important thing to remember is that it is not a bank loan. Hence, there is no loan payment books, no dealing with people who do not understand your business, none of the traditional bank hassles, and most of all...no more "nos". Here is an illustrated example how Business Funding works.

    Business Funding - How it works?

    The transactions are based upon your future sales. We take a previously agreed upon percentage of your future sales. We advance you one month's worth of cards sales in cash, repaid via us taking a previously agreed upon percentage of your daily sales until your advance is repaid. It's as easy as that. That percentage remains the same whether you have a great day or bad day sales-wise. For example if you make $1,000 a day and have agreed a 20% split, $800 will go to you and $200 toward repayments. If you make $100 one day, $80 will go to you, $20 to repayments - providing great flexibility in uncertain times.

  • 3. How do I know if I qualify?

    You must have been in business for more than 12 months, have at least $3500 in credit card transactions per month and meet a few other simple requirements.

  • 4. What can I use the money for?

    Most of our customers use the money for business-building needs like adding more seats to their restaurants, advertising or stocking up on seasonal merchandise. Others have used it to buy out a partner or for emergency needs like unforeseen maintenance issues that could interrupt your business.

  • 5. How soon can I get the money?

    The average time from receipt of a contract to funding is usually under 7-10 working days.

  • 6. Do I need to change credit-card processors?

    You may need to change credit-card processors. It is the unique way we collect the future sales you sold us. Our affiliated processors guarantee to meet-or-beat the transaction rate on your processing needs.

  • 7. What kind of discount do I get if I pay early?

    Since this is not a loan, there is no monthly payment schedule. We get paid only when you get paid therefore there is no discount for early payment.

  • 8. Why do you have to review my personal credit?

    We use a business-friendly scoring model that blends general economic data, business and guarantor information to assess risk. Considering your personal credit is a part of the process.

  • 9. What qualifies as proof of ownership?

    Articles of incorporation, board meeting minutes, a corporate tax return or a business license showing the guarantor's name as an owner are all great proofs of ownership.

  • 10. How often are payments deducted?

    We collect from a small percentage of your daily credit card sales.

  • 11. Will I get a monthly statement?

    Yes, you will receive a printed monthly statement.

  • 12. What do you mean by "gross volume?"

    Gross volume refers to your total receipts from all sources, including cash, credit cards, debit cards and cheques.


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