Business Financing: Frequently Asked Questions
How can
CreditCardProcessor.Com, Inc. help me get cash?
We offer a unique financing program that is not
offered by banks, leasing companies and other
traditional lenders. Our financing program can
provide you with working capital in a hurry, often
in less than a week! Since our program does not
require you to make fixed payments to
CreditCardProcessor.Com, Inc., many small and
medium sized businesses opt for our financing
program because of the flexibility it provides.
Why is
CreditCardProcessor.Com, Inc. the most responsive
option available to manage my cash flow needs?
We are not a lender or a traditional source of
financing! If you have been in business for more
than 9 months and have at least $2,500 in monthly
Visa/MasterCard sales, there is a very high
likelihood that we can put cash in your hands in
10 days. No hoops to jump through, no personal
guarantees, no tax returns, no liens, no
cumbersome fixed loan repayments keeping you up at
night and no bankers saying “no.”
Why is
CreditCardProcessor.Com, Inc. the most flexible
option available?
Since our financing program is not a loan, there
are no fixed payments to worry about. We simply
buy a portion of your future Visa/MasterCard
receipts and, here is the best part, we only get
paid as quickly as your business allows. In other
words, the amount that you pay
CreditCardProcessor.Com, Inc. each month is
determined by how well your business performs. We
are true partners in your success.
How does the program
work?
We purchase a set dollar amount of your future
Visa/MasterCard sales at a discount. Then, through
an automated process, we seamlessly collect the
set dollar amount by taking a small percentage
from each of your future Visa/MasterCard sales.
How do
I know if I qualify?
If you have been in business more than 9 months,
have at least $2,500 of monthly Visa/MasterCard
receipts, and meet some other simple requirements,
you will most likely qualify. Submit an online
application today to get the process started.
Click here to start the application process.
How
much financing do I qualify for?
The amount of funding is based on your monthly
Visa/MasterCard sales and your monthly gross
volume. Our funding calculator is a great tool to
use as a guideline. We may, in certain
circumstances, finance more than the calculator
indicates. Click here to use our funding
calculator.
What do you mean by
“gross volume”?
Gross volume means your total receipts from all
your business transactions. This includes cash,
credit card receipts, debit cards and checks.
What
can I use the money for?
Unlike banks and other traditional lenders, we do
not specify how you must use the working capital
we provide. We trust you to put the money to good
work, and you can use the working capital for any
of your business needs.
How do I
make payments?
We work seamlessly with your credit card processor
and take a small percentage of your daily
Visa/MasterCard sales. There are no payment
coupons, late fees or prepayment penalties.
Will I need to change credit card processors?
If you are not processing with one of our
partners, then you must change processors. Our
partner processors can generally meet or beat your
current credit card transaction rates.
How do I know how much I have left to pay?
We will send you a monthly statement.
Call for more
information: 702-405-9075
Business Line of Credit
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