Mortgage and Lending |
RAINER 1,046 |
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Larraudy Perez | ||
location_on Chestnut Ridge, NY — COMMERCIAL LENDING CAPITAL | ||
web Larraudy Perez's (larraudyperez) Blog |
I am an Account Executive for EVO Merchant Solutions. We specialize in cash advance financing for small business.
MERCHANT CASH ADVANCE PROGRAM
Qualify for cash advances ranging from $2,000 TO $250,000 BASED ON Visa/MasterCard credit volume.
CASH ADVANCES FOR YOUR BUSINESS IN LESS THAN 7 DAYS
We do not require collateral, fixed term for repayment or closing cost.
The funding for Merchant Cash Advance Program is not a loan. We are a factor and not a bank. Therefore there is no interest rate, no collateral and no financials.
AMAZING FACTS!
We can provide funding within 5-7 business days. WE will sent out a monthly statement to you, summarizing all monies paid in the previous month and providing end-of-month balances. In addition you can check daily balances and the month's activity online! Our product is not a loan. Merchant Cash Advance Program uses a discount rate and not an interest rate.
EMBRACE THE POSSIBILITIES
Additional working capitalOpening new locationsRenovations or remodelingPurchasing new equipmentAdvertisingPurchasing additional inventoryFunding PayrollEmergenciesCash flow needs for established seasonal businessBuying out a partnerNever be held back again due to bad credit collateral or length of opeartions!
HOW DOES THIS INCREDIBLE PROGRAM WORK?
In order to determine the amount of funding your business qualifies for, we to review four most recent months' credit card processing statements and calculate the average credit card volume. We then perform a quick underwriting of the application to determine the appropriate amount to fund.
It takes approximately seven months to pay back the advance. The payback period is not fixed because it's based on your actual Visa/MasterCard receipts. Therefore the actual payback may be a little shorter than the projected seven months. We only collect the mutually agreed-upon fixed percentage of your daily Visa/MasterCard receipts until the entire amount is paid back.
In order for us to receive payment through the credit card company you will have to switch to one of our approved credit card processing networks. Your current rate will be match by us. There is no extra equipment to purchase. A simple reprogramming of existing equipment is often all that is needed.
ADVANTAGES OF USING MERCHANT CASH ADVANCE PROGRAM
Quick approvalHigh approval rateNo collateral requiredNo financial statements or tax returnsNo fixed paymentsNo cumbersome and costly paperwork for an application/packageOngoing source of capital which is renewable as the advance is paid down or totally repaidGrowth capital for businessNo closing costINFORMATION AND DOCUMENTS REQUIRED TO BEGIN
Three months business statementsFour months most recent consecutive Visa/MasterCard statementsThree business referencesCompleted and signed ApplicationCompleted landlord contact informationSigned permission-to-release formVoided business checkI am an Account Executive for EVO Merchant Solutions. The #1 solution for Merchant Cash Advance. If you are a broker please call and ask for a broker package and supplement your income.