Cash Advance is not a new invention. It has been around for some time and was named with all kind of different names and still does. Cash Advance is simply factoring with a tiny twist. What do I mean by that? Well, in factoring, the "funder" buys the merchant’s invoices at a discounted rate (factored rate) and pays the merchant in advance for invoices that are net 30/60/90 days. The factoring rate is derived from the term (amount of time the funder needs to wait) of the invoice and other parameters like payback likelihood.

Cash Advance does the same exact thing with a twist. “What is the twist?” You are asking. There are NO attached invoices, so it’s more generic and the "funder" collects against all the receipts rather than a few specific predetermined invoices. The benefit of this way of funding is that usually the payment to the "funder" is small and occurs on a daily basis. The merchant always gets the largest portion of the sale as agreed in advance.

Karish Kapital LLC was founded at the end of 2012.
The founder of the company was in a different business for numerous years and had great relationships with her bank when business was booming. At some point, her personal credit score got blemished due to a non avoidable life event. We all have one of those at least once in our life time. From that point on, financial institutions wrote her business in a black book and turned her down with any loan or line of credit request after months of dragging their feet before coming back with an answer. That's when she decided that something must be done. There must be a non-traditional funding way to help small and mid-size business owners, just like her, get Kapital and/or Kash. She made it her goal to make things DIFFERENT and better for her crowed, the small and mid-size business owners and this is the story of how Karish Kapital LLC started and got its name. Kapital with a "K" because she wants it to be different, better, easier and quicker to get the liquidity that small and mid-size business owners desire and need so much.