Merchant Cash Advance Company Review

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QFS Capital Merchant Cash Advance Review 2023

QFS Logo

Loan Amount

Up to $500,000

Factor Rate

1.2 to 1.4

Terms

3 to 18 months

Min Credit

550 FICO

Time to Fund

1-3 days
Written By:
MCA Editorial Team
Last Updated:
07/20/2023

Company Profile

QFS Capital is a financial institution that was founded on the principles of quality, transparent funding for small businesses. The company is committed to offering personalized service to each and every ISO they work with. Their streamlined financing process ensures that clients are financed as quickly and simply as possible. QFS Capital is known for getting an offer or decline out in under 3 hours from the time of submission.

Products & Services

QFS Capital specializes in debt restructuring, mca consolidations, and cash flow relief for clients. They have a unique pricing model that enables them to offer approvals specific to clientele. QFS Capital also offers a Cash Flow Relief Program that aims to help clients and increase payouts. They provide electronic contracts that merchants can sign on their computer or phone with the click of a button. Additionally, QFS Capital has a Simple Syndication Platform that allows clients to put their own capital in a deal and reap all of the rewards.

Pros and Cons

Pros:

1. Fast Approvals: QFS Capital is known for getting an offer or decline out in under 3 hours from the time of submission.
2. Competitive Rates: QFS Capital prides itself on rates and terms competitive with even the largest business lending institutions.
3. Proprietary Underwriting: QFS Capital’s unique guidelines enable them to give approvals other lenders simply can’t.
4. Electronic Contracts: Have your merchants sign contracts on their computer or phone with the click of a button.
5. Dedicated ISO Representative: When you sign up with QFS, your team is assigned a dedicated representative who will facilitate all of your files and help you with all of your needs.

Cons:

1. Lack of detailed information about the company on the website.
2. No clear information about the industries they serve.
3. No clear information about the states they operate in.
4. No clear information about the basic qualifications required to receive funding.
5. No clear information about the type of collateral or guarantees required for the company's products.

Ideal Customer

The right type of customer for QFS Capital would likely be small businesses in need of funding solutions. These businesses may be looking for debt restructuring, consolidations, or cash flow relief. They would benefit from a fast and streamlined financing process.

Required Documentation

The website does not provide specific information about the required documentation to get any type of funding. It would be best to contact the company directly for this information.

Industries and Restrictions

The website does not provide specific information about the industries the company works with or if it has any industry restrictions. It would be best to contact the company directly for this information.

State of Operations

The website does not provide specific information about the states the company does business in or if there are any states restricted. It would be best to contact the company directly for this information.

Basic Qualifications

The website does not provide specific information about the basic qualifications required to receive funding. It would be best to contact the company directly for this information.

Collateral or Guarantees

The website does not provide specific information about the type of collateral or guarantees required for the company's products. It would be best to contact the company directly for this information.

Alternatives

Without more specific information about QFS Capital's services and requirements, it's difficult to suggest alternative options. However, other financial institutions and lending platforms may offer similar services for small businesses. It would be beneficial to research and compare options to find the best fit for your needs.