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| Banking vs. Factoring | ||||||||||||||||
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CREDIT CARD ADVANCE Credit Card Advance is your best source for immediate working capital if you need additional cash to grow, expand, support a seasonal trend, or pay off debt. It works by simply converting your future credit card receivables into cash. We ADVANCE you cash now and you repay us with a small percentage of your daily credit card transactions. We can approve and fund your business with the cash it needs up to $600,000.00 within 10 days. SIMPLE QUALIFICATION: 1. Have you accepted Visa / MasterCard transactions for at least 6 months? 2. Is your monthly Visa / MasterCard volume at least $2500.00? 3. Are all prior bankruptcies resolved? 4. Do you have one year remaining on your current retail lease? HOW WE DO IT: We buy a fixed dollar amount of your future credit card sales at a discount. We collect a fixed percentage from each Visa / MasterCard sale until your contract obligation is satisfied. MERCHANT BENEFITS:
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