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HELP FOR OUR CUSTOMERS can be found here 24-7. We've compiled a list of the most frequently asked questions to begin your search for answers. If you can't find the answers you're looking for, please use the form to the right, and we'll respond within 24-48 hrs. For immediate help, call our Help Center at (866) 227-4456 or email us at cs@AmericanMicroloan.com.
 
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If a $10,000 CCRF typically costs $1,200 over 6 months, does it mean I will be charged $200 ($1,200 / 6) per month?
 
No. The interest is heavier in the beginning of the loan than it is towards the end. The following is a table showing how the interest amount works out in a typical loan. As you can see, the first month bears 31% of the total projected interest amount and the last month bears only 2%.
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small business cash advance
 
 
 
 
 
 
 
 
 
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