Small Business Need Cash Now!!! Small Business Bailout!!!
With this credit crunch worsening and Banks refusing to give loans to the Small Business. There is a glimmer of HOPE for the Small to Medium size business in merchant cash advances. This is where companies sell a portion of their future credit card receivables to a merchant cash advance company. Thousand of companies are turning to this new kind of financing. It is Fast & Easy to qualify for because it is mainly based on the companies credit card processing and not as much on the companies’ credit.
The average merchant cash advance is about $20,000 and takes about 7 to 10 days to fund. The biggest in the nation is World Bankcard Solutions. This company can usually fund a business in 7 to 10 days and take the applications over the phone. These companies take a small portion of the credit card transaction to payback the advance usually 18 to 20%. The amount that a company will qualify for is based on what they have processed in credit cards and debit cards in the last 4 months.
I interviewed Mr. Orlando Valle at 407-992-8394 who helps small business over the phone on how to get funded. He explained that he takes a one page application over the phone and says he has about an 87% approval rate. I referred him an auto repair franchise with a few locations that needed some money and he got them approved for $180,000 in just a few days. WOW I was impressed. By John Gerena
With this credit crunch worsening and Banks refusing to give loans to the Small Business. There is a glimmer of HOPE for the Small to Medium size business in merchant cash advances. This is where companies sell a portion of their future credit card receivables to a merchant cash advance company. Thousand of companies are turning to this new kind of financing. It is Fast & Easy to qualify for because it is mainly based on the companies credit card processing and not as much on the companies’ credit.
The average merchant cash advance is about $20,000 and takes about 7 to 10 days to fund. The biggest in the nation is World Bankcard Solutions. This company can usually fund a business in 7 to 10 days and take the applications over the phone. These companies take a small portion of the credit card transaction to payback the advance usually 18 to 20%. The amount that a company will qualify for is based on what they have processed in credit cards and debit cards in the last 4 months.
I interviewed Mr. Orlando Valle at 407-992-8394 who helps small business over the phone on how to get funded. He explained that he takes a one page application over the phone and says he has about an 87% approval rate. I referred him an auto repair franchise with a few locations that needed some money and he got them approved for $180,000 in just a few days. WOW I was impressed. By John Gerena
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