How? Credit Card Receivables!

What is Credit Card Receivables? It is advancing funds to a merchant or other small business based on the pass six months of credit card receivables.

Once a company has been approved (simple qualifications) for credit card receivables financing, they can be financed within 7 to 10 days.

The financing cost can be as low as $1059 for every $10,000 advance over the standard term. In addition, the flexible payments make this arrangement ideal for small business owners. The payment is a percentage of Visa and MasterCard sales and not a fixed amount. If the business is doing well, the loan is paid back faster. If sales are slow, the owner is under no pressure to make a fixed payment.

The credit card receivables financing company will usually advance 70 percent to 150 percent of a merchant's average monthly Visa/MasterCard volume. The loan amount is paid back with a six month period and the owner can choose to renew the loan if needed.

This method is The Method of Choice for Small Business Working Capital.
Business cash advance is one of the easiest ways to maintain a healthy cash flow and meet the necessary cash availability for the day-to-day business activities. It is a relatively new method of financing your short-term cash needs compared to business loans, however it is much safer and easier on the purse from a borrower’s perspective.

This is more like a cash advance loan right?

Yes. It's an alternative to a traditional loan. It requires no credit check or collateral. It does require that the business have several months of business revenue.