DAILY CREDIT CARD RECEIPT ADVANCES

Credit Card Receipt Advances are a relatively new way for merchants to leverage their credit card sales for an immediate cash injection.

• How?

• The funding source will literally purchase your "future" Visa/MC receipts in the form of a cash advance.

• What do you need to qualify?

Generally:

• Your business must accept credit cards as a form of payment
• You need to be processing a minimum of $1,700.00 and above a month
• You can qualify even with poor personal or business credit

How does the program work?

Generally:

• You are advanced from $1,500 up to $100,000 based on your current sales receipts
• A small fee is deducted from your on going Visa/MC receipts
• There are no fixed payments and no fixed re-payment term

What paperwork is needed?

Generally:

• Completed and signed application
• 3 months credit card statements
• Bank statement