WHAT IS IT?

Our funding programs work one of two ways. Either there is a fixed daily repayment, usually for 6-12 months, all with the same, equal payments or there is a percentage of credit/debit card sales that will be used towards repayment. This works by converting future credit and debit card sales into working capital that you can use for your business today.

For businesses that use credit or debit transactions, it is a perfect solution. The business could be seasonal and require temporary extra cash to take advantage of inventory deals, seasonal staffing or debt management. It’s up to you; it can be used for any business purpose.

For businesses that don’t have as many ups and downs and prefer a fixed daily amount to budget for, the Business Loan option may make more sense. Especially, if the primary business doesn’t do a lot of plastic card sales.