Sometimes called commercial advance or distributor advance, a lead is perfect for almost all types of business, including restaurants, bars, medical establishments, retail stores and online traders. An advance is not the same as a business loan. It is actually a purchase and sale contract. Depending on the program, we count a percentage of your gross deposits in your current account, credit card processing transactions or lenders. Just pay $10,000 in advance in exchange for $10,800 $US in future sales revenue. Your business must be open for at least 3 months to be able to sell receivables on Simply Funding. No no. You don`t need to accept credit cards. We acquire all forms of commercial receivables, including cash, cheques and invoices. As this is not a loan, there is no interest rate or RPO associated with the purchase of future receivables.