REQUIREMENTS AND REPAYMENT (R&R)
The strict requirements for receiving a bank business loan combined with tightening bank lending practices, can transform the search for additional funding for your business into mission impossible. If the relentless and unproductive quest for financial support for your business has you feeling defeated, we may have the answer to your problems.
The accessibility of our funds, due to our few and easy-to-meet requirements, makes our unsecured business loans the preferred method of small business funding.
There are only two main requirements for receiving one of our unsecured business loans. One; you must own a business that has been operating for four months or more. And two; your business must process a minimum of $2,500 in monthly credit card sales.
Accepting credit cards is crucial to being eligible for an unsecured business loan. When you receive a business cash advance, you are selling us your future credit card receivables. The money that you receive upfront is an advanced payment for the money that your company will make in the future, via credit card sales. Consequently, if your business does not process credit card transactions, you have no future credit card receivables to sell.
It is also important that your monthly credit card sales are consistently $2,500 or more. We want to make sure that your business can support the repayment of your cash advance. Your cash advance should work for the benefit of your business and repaying a cash advance should not be a struggle or a burden. With monthly credit card sales of at least $2,500 we feel that we can provide you with a sufficient cash advance that can be repaid in a reasonable period of time.
Repayment
Never again worry about fixed monthly loan payments that you can not afford. Forget about the stress of not knowing if your business is going to make enough money to support your loan repayment for the month.
Our merchant-friendly repayment process allows you to repay your loan without even realizing it. While you continue doing what's most important (running your business) your loan is automatically repaid.
How is this possible? Since business cash advances are purchases of your future credit card receivables, your customers' credit card purchases actually pay for your loan. Whenever a credit card purchase is made, a small percentage from that sale goes toward the repayment of your business cash advance, making loan repayment an easy and hassle free process. You never have to remember to make a payment or worry about being charged a late fee. Best of all, your repayment amount for any given day, depends on the quantity of sales that your business makes in that day. With such an easy process, your business cash advance can be repaid before you know it.
Apply for a business cash advance and let go of the stress that comes along with seeking out traditional bank business loans. Let our business cash advance R&R (requirements and repayment) give you some time for R&R (rest and relaxation).