| |
Better than a Bank Loan
Going to the bank and applying for a loan or line of credit was once the best source of working capital for small businesses. But with 65% of banks tightening their approval guidelines and 70% of banks declining small business loans, it’s becoming next to impossible to qualify for traditional financing.
A Business Cash Advance, also known as accounts receivable financing, provides business owners with a quick, simple and hassle-free alternative to conventional funding. Since this type of financing involves the sale of your future credit card receivables, it is not considered a loan and is therefore not reported to the credit agencies which would negatively impact your personal FICO score. There are also no interest rates, application fees, closing costs, or monthly checks to write and funding decisions are based on criteria much less stringent than those used by traditional financial institutions.
Working Capital Today for your Credit Card Sales Tomorrow
InstaPAY Financial helps businesses turn their future credit cards sales into working capital you can use today. With a Business Cash Advance, we purchase a portion of your future Visa, MasterCard, American Express, Discover Card, debit card, and gift card sales transactions at a discount in exchange for immediate cash to be used as you see fit. And since the repayment process is integrated with your merchant account, we simply collect a small percentage of those future sales as they are settled daily until the purchase amount of the cash advance is paid back in full.
For a detailed explanation of the process, please click here to see How it Works.
Whether you need working capital to grow your business, maintain your day-to-day operations, or to just get out of an unexpected cash crunch, you should take action now. It’s a quick and simple process from start to finish with funds deposited into your bank account in as little as 3-days from today.
Please Contact Us for more information or Apply Now for a Business Cash Advance.
|
