28. March 2017 / Small Business Resources
At the background of every successful small business, there is a stringent and properly planned business, and at the back of every developing small business is an established plan to budget your small
Get the working capital you need in as little as 3 business days. Our Advance is flexible, quicker to close, and requires less paperwork than traditional loans.
Our Merchant Check Advance also referred to as an Electronic Payment Advance (EPA) is not a loan; it is an upfront lump sum cash payment against future sales or revenues collected through electronic means.
Our EPA is based on all your business receipts that are or can be converted to electronic payments (i.e. - everything but cash collections)
How is this different from our traditional Merchant Cash Advance program?Our EPA is a perfect solution for businesses that don't currently accept credit cards (or have a small amount of credit card sales to overall sales) yet receive most of their sales in the form of business and consumer checks, ACH bank transfers, and wires.
The amount a business qualifies for is based primarily on its historical monthly gross revenues and second, its average monthly electronic payment volume. This differs from a traditional business cash advance in that the amount of funding advanced is typically calculated using a business’s future credit card receipts only.
21. March 2017 / Small Business Resources
Small businesses don’t have to expand quickly, even though they wish to expand, as inactiveness is one small step away from contraction. They normally work in less aggressive market and don’t have