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Lynne Smith Client Rating: NA

Business Professional

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Category: Banking/Finance
Sub-Category: Banking
City: Birmingham
Prov/State: Alabama
Country: United States

Business Cash Advances against credit card receipts and residential and commercial mortgage loans.

Details of Services Offered:

A BCA, or sometimes called Merchant Credit Advance, is an advance (of dollars) to a merchant based upon the average credit card charges (MC/VISA) that are collected each month. Highlights include: • NO Personal Guarantees necessary • Fundings in 3-7 days • Minimal Steps • How does it work? The merchant is advanced a percentage of their average monthly credit card sales (typically around 125%) and then repays these advanced monies by having a portion of future sales deducted each month. • What kinds of business are eligible? Any business generating a portion of their monthly revenues via credit card receipts can apply. Take a look at just some of the business owners we can help: Bar / Nightclubs Beauty Salons Dry Cleaners Gas Stations Restaurants Retail Sales Hotels / Motels Auto Repair Shops Day Care Centers Convenience Stores Nail Salons and so many more....

• What are the minimum requirements that have to be met? • Business has accepted Visa/Mastercard for at least 12 months • Monthly Visa/MC volume is 15+ transactions and $5,000+ in sales • All prior bankruptcies (if any) have been resolved for 12+ months • At least one (1) year remains on the current retail lease Mortgage Loans for residential customers who can go full doc, commercial land loans at 50-75%, and bridge loans.

What makes my services unique?

On the business cash advance service the customer has the option to keep their current credit card processing company or not. The commercial, hard money and bridge loans are from 1-30 million and close within 7-15 days.

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