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May 26, 2005
Loans Available to Restaurant and Retail Businesses
Receive funding in as little as 10 days based on visa and or mastercard retail business transaction
(PRWEB) May 26, 2005 -- The Cash Advance Program a type of funding, called receivables factoring, allows a merchant to sell their future receivables at a discount so that they can use funding for working capital, equipment purchases, advertising, renovations, expansion and more.
Businesses can:
Qualify for $5000 to $125,000
Receive funding in as little as 10-days
Use credit card transactions to pay off the cash advance. This is not a business loan, but an advance.
Raise their business credit score
Enjoy no upfront fees, no closing costs, no equity loss
Easy qualifying
Restaurant or Retail Business
At least 1-year in business
Accepts VISA/MasterCard as a form of payment
Provide processing statements for the previous 6-months of at least $4,000 per month in VISA/MasterCard
Provide 6-months of bank statements with consistent balances (only necessary to achieve larger advances)
Acceptable personal and business credit
Has no open tax liens, judgments or bankruptcies
Is in good standing with property leaser with at least one year remaining on its lease
Posted by Industrial-Manufacturing at May 26, 2005 02:08 AM