Merchant Cash Advance Company Review

Company Profile

Quikstone Capital Solutions is a financial institution that specializes in providing merchant cash advances and working capital solutions for businesses. Their primary focus is on leveraging an asset that businesses already possess - their monthly Visa and Mastercard sales. Quikstone Capital Solutions positions itself as a business loan alternative, aiming to assist businesses in their growth and prosperity endeavors. Their services are designed to be fast, easy, and flexible, with approvals typically occurring within 48 hours and funds being available in as little as 7 days.

Products & Services

Quikstone Capital Solutions offers merchant cash advances, which are alternatives to traditional business loans. These advances are based on a business's monthly Visa and MasterCard sales, allowing businesses to access funds by leveraging their existing credit card sales. The repayment process is designed to be hassle-free, with small deductions made from credit card sales, adjusting according to sales volume. This eliminates the need for traditional invoices or checks. Additionally, Quikstone Capital provides resources such as investment guides, case studies, and white papers to help businesses understand the benefits of alternative funding and how to utilize it effectively.

Pros and Cons

Pros:
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1. Fast approval process with funds available in as little as 7 days.
2. Flexible repayment options based on credit card sales.
3. No application fees.
4. Generous and flexible credit guidelines.
5. Provides educational resources like investment guides and case studies.
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Cons:
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1. Reliance on monthly Visa and MasterCard sales might not suit all businesses.
2. Might not be suitable for businesses without significant credit card transactions.
3. Alternative funding might have higher costs than traditional loans.
4. Limited information available on the main page.
5. Potential for variable repayment amounts based on sales volume.

Ideal Customer

The ideal customer for Quikstone Capital Solutions is a business that has consistent monthly Visa and MasterCard sales. This includes restaurants, retail stores, and other businesses that frequently process credit card transactions. Such businesses can benefit from the flexible repayment options based on their sales volume, making it a suitable solution for those looking for quick and hassle-free funding.

Required Documentation

The main page does not provide explicit details about the required documentation for funding. It might be necessary to explore additional pages or contact the company directly for this information.

Industries and Restrictions

Quikstone Capital Solutions caters to a wide range of industries, including but not limited to Agriculture, Apparel, Banking, Biotechnology, Chemicals, Communications, Construction, Consulting, Education, Electronics, Energy, Engineering, Entertainment, Environmental, Finance, Food & Beverage, Healthcare, Hospitality, Insurance, Machinery, Manufacturing, Media, Recreation, Retail, Shipping, Technology, Telecommunication, Transportation, and Utilities.

State of Operations

The company is based in Tampa, Florida. However, the main page does not specify the states they operate in or any state restrictions. Further exploration or direct contact with the company might be required for this information.

Basic Qualifications

The main page does not provide explicit details about the basic qualifications required for funding. It might be necessary to explore additional pages or contact the company directly for this information.

Collateral or Guarantees

The main page does not provide explicit details about the type of collateral or guarantees required. It might be necessary to explore additional pages or contact the company directly for this information.

Alternatives

Businesses looking for alternative funding options might consider traditional bank loans, lines of credit, crowdfunding platforms, angel investors, or venture capitalists. Each of these options has its own set of advantages and disadvantages, and the best choice would depend on the specific needs and circumstances of the business.