AM Cash Advance will give a merchant money in exchange for purchasing the merchant's future credit card sales. The merchant will be required to complete our application, as well as the application from Vision Payment Solutions ("VPS"), our third-party merchant credit card processor company. A predetermined percentage of the merchant's credit card sales will be deducted by VPS directly from the credit card batch to repay the cash advance. The remaining batch/settlement of credit card sales is sent to the merchant's bank. This is commonly referred to "split funding". Once the predetermined proceeds amount is paid to AM Cash Advance, the "split funding" is discontinued.