Credit Card Factoring

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Merchant Cash Advance and Credit Card Factoring

What Is Credit Card Factoring?

With today's struggling economy, many small businesses are shying away from traditional small business loans through banks and other lending institutions, and turning to other options. This includes receiving working capital cash advances through the means of credit card factoring. But what is credit card factoring?

Credit card factoring is a system in which financial companies give businesses cash to cover expenses. The system takes into consideration a business's history of transactions made through credit cards. While a smaller business may be conducting profitable ventures, it may be left short of cash as it waits processing of its transactions made through credit cards. Or perhaps, the business would simply like further capital to aid their company's growth. During this time, the firm still has to pay for daily operational expenses that the business incurs. This is where credit card factoring can benefit smaller businesses; helping them stay in operation while credit card transactions are still processed. The business is given cash based on its past transactions made using credit cards.

In credit card factoring, the financial company looks at the business's future sales through use of credit cards. The company lending the capital then agrees with the small business to purchase the future credit accounts at a discounted rate in return for immediate advancement of cash.

With this system, a small business's history in sales and its credit rating are not necessarily considered during approval for the cash advancement. Furthermore, any repayment of cash advances using the credit card factoring method is calculated taking into consideration the business's volume of sales. The repayment amount is pre-determined, and is the same percentage each month. However, an additional benefit to this system is that the payment will be higher when the sales are high and low when sales are low.

MerchantCashAdvance

At MerchantCashAdvance, our clients benefit from a wide range of services that help them keep their small business operational during when it is necessary to seek additional funding. We provide cash advances to mid-sized and small businesses that are struggling to get financial support, but lack enough collateral to enable them to qualify through traditional loans. Our credit card factoring services help small businesses to acquire or have capital for expansionary ventures, or simply to cater for the daily operations in their business.

How We Work

First, we evaluate your business's credit card transaction history before coming up with a cash flow solution best suits your business's needs. If your sales through credit cards are at a minimum of $3000 per month, and your business has been operational for the past year, you are qualified to receive amounts ranging from $5000 - $150,000 from our company.

After approval, the cash is deposited into your business account within 14 business days. We then acquire a pre-determined amount of your business's future credit card sales. MerchantCashAdvance will send you a printed statement every month. Additional funding may be provided once 90% of the advance is repaid.

Don't wait any longer to get additional working capital for your small business. Apply today to receive your cash advance through credit card factoring with MerchantCashAdvance today!

About Merchant Cash Advance 

Merchant Cash Advance is a financial dedicated to providing funding solutions to small and medium-sized businesses. Our alternative funding options have helped many companies attain financial success.

We understand that as a business owner, you have a vision for your business. You see the big picture of what it will take to ensure your business' financial success. However, we also know that many times, in order to achieve this vision of success, working capital is essential.

Obtaining capital from banks or traditional loan companies is a difficult, and lengthy task. Fortunately,
Merchant Cash Advance offers a simple funding alternative for businesses striving to grow and prosper.

Our History of Excellence

Merchant Cash Advance has a proven track-record in the financial industry. Eight years ago, we got our start in the student-loan industry. Over the years, our consolidation companies, EdFed and LawSchoolLoans, have grown to be among the top in the country, helping thousands of college students and graduates find financial freedom. We have since redirected our focus from students and graduates to helping business owners realize their financial dreams.

With all of our financial experience, we have the knowledge to help business owners obtain the working capital that they need, in a quick and easy manner.

Our Team of Experts

With a firm, financial background like ours, you can feel confident in knowing that you will be provided with the best service in the industry! When you apply for a cash advance with Merchant Cash Advance, you will be assigned a personal financial specialist from our staff of experts to help ensure that you receive the amount that you need, and to address any questions that you may have about our unique cash advance process.

Our Cash Advance Process

The Merchant Cash Advance process is unlike any bank or traditional lending institutions'. Instead of making our clients worry about coming up with collateral, or money to repay the advance, we allow them to tap into a resource that is already at their disposal: their credit and debit card transactions. By collecting a small, pre-determined, percentage of our clients' credit and debit card transactions, we are helping them avoid the hassles of monthly payments, deadlines, repayment plans, and late fees.

By choosing to operate this way, we are essentially putting our success on the shoulders of our clients. We are confident in doing this because we stand behind our clients 100% - we want to see them succeed!

Apply online at Merchant Cash Advance today!

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