21. July 2017 / Business Loans
Funding your small business is sometimes simple and easy. Your business funding options are limited. You can understand that your friends and family members only can fund your business to some extent,
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.
20. July 2017 / Business Loans
At present, every small business owner would have the resources required to make over a strapping business concept into a favorable outcome. But, before now, that is not how it works. In fact, having