Copyright (c) 2006 Cash Flow Connections

What’s a busy retail merchant to do when it needs extra
working capital?

“Oh, NO!!! - Not the gauntlet,” you think – taking your
valuable time (and patience) to deal with the “paperwork”
required by traditional sources!

Correct!  You got it!  Not the Guantlet!  And let me tell
you why!

Today — there is a better, easier, more reliable,
convenient and FAST way to obtain lines of business credit
for merchants!

“HOW?” you say; tell me more!

Okay, I will — since it is my goal to help educate small
business owners as to all the alternative financial tools
available to them today that were not previously available
– that’s just what I intend to do.  So, listen up because
this is exciting stuff!

Any vendor or merchant who accepts credit/debit cards can
easily get an advance from their “future” credit and/or
debit card receipts!

Remember, the folks I work with help businesses leverage
their “liquid assets” so that no “debt” is created and
added to their balance sheet.  In fact, many businesses use
the options we offer to retire “loans” and “strengthen”
their balance sheet!

So, those little bitty chunks of paper — those future
credit or debit card receipts — are pieces of paper with a
dollar value attached to them, right?  And, what can you do
with them in the asset-based lending industry?  You got it!
You can “leverage” them!  They are a “liquid asset” of the
merchant’s business.

Using this non-traditional, debt-free funding tool, we have
helped businesses by providing money for:

- Equipment and inventory purchases           
- Cash flow needs for seasonal businesses            
- Renovating or remodeling your business            
- Advertising

So, “Give me some details,” you say!

How does it work?

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

Generally:

1) You are advanced from $1,500 up to $250,000 based on
your previous average monthly sales receipts    
2) A small fee is deducted from your ongoing “future”
Visa/MC receipts (the amount or percentage is determined by
the business owner and the funder)  
3) There are no fixed payments and no fixed re-payment term

What do you need to qualify?

Generally:

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

What paperwork is needed?

Generally:

1)  Completed and signed simple application    
2) Three or more month’s credit card statements    
3)  Bank statement

How long does it take?

Generally:

Once your completed application has been received and
processed (which can sometimes be done in as little as 1
day’s time), it takes 5-7 days for the funds to be
forwarded and any subsequent funding can be done in
one-half the time.

So, as an example, a merchant whose business averages
$20,000 a month in credit/debit card receivables, can get
an advance of approximately $30,000 against its “future”
receipts within 5 to 7 days after completion of the
application and approval process.

These are easy lines of credit for merchants to establish
and maintain – even for years – so that any extraordinary
working capital needs they might encounter can be filled
almost automatically without any disruption to a merchant’s
already busy schedule.

The vast majority of the millions of new jobs created in
the US in the last 15 years were created by the hundreds of
thousands of small merchants and entrepreneurs that have
fueled America’s economic growth.  And, until now, small
business’ funding and other needs have gone un-addressed.

As relates to funding, however, innovative private
investors have seen this need of small business and have
stepped in to lend a hand and help make the small
merchant’s business grow and prosper while saving time and
headaches.

These funders provide the funds a small business needs to
realize its full potential and make its dreams become a
reality and I, for one, am happy and excited to be a part
of it!

—————————————————-
Debra Maples assists businesses with cash flow and working
capital needs through non-traditional alternative funding
tools, which help a business to leverage its liquid assets.
This enables them to self-finance their growth and working
capital needs. http://www.YourCashFlowConnections.com

This entry was posted on Saturday, October 21st, 2006 at 8:36 pm and is filed under Business, Business Thinking, Entrepreneur, Suppliers/Vendors. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.