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Credit Card Factoring

Credit card factoring is a very unique solution for those who need a quick infusion of cash now.

Credit card factoring funding utilizes an asset that is unrecognized by traditional financial institutions — future credit card sales — to determine the financial viability of a business. Credit card factoring fundings are based on the predictability of a company’s future credit card sales. Yes, a credit card factoring funding for your business may be just what you’ve been looking for.  Every small business needs a quick infusion of cash at some point. Small business loans are unavailable from banks to over 90% of all small businesses for various reasons including insufficient time in business, no collateral and less than perfect credit. Small business owners seeking cash for working capital — look no further. Inquire about a credit card factoring funding. According to the latest statistics from Equifax, there are more than 6 million small businesses in the

US. A high percentage of those small business owners are digging into personal savings, taking out home equity loans, borrowing from family and friends and running up credit card bills as forms of financing.
Credit card factoring companies can help small business owners avoid these financial black holes through purchasing a fixed amount of the businesses future credit card sales, at a small discount, and in turn, providing them with a lump sum of working capital.  This type of business cash advance typically varies from $5,000 to $1,000,000 per location. Small businesses will frequently benefit from converting future cash flow into immediate working capital. The most likely candidates to benefit from this strategy are restaurants, bars, service businesses and retail stores. These advances can be used for expansion, buying out a partner, advertising, payroll, emergencies, anything related to business. Credit card factoring companies work with both established and expanding businesses to provide working capital to companies in the small-to-medium-sized range who have difficulty securing funding from traditional financial institutions or prefer a funding option that aligns with their cash flow. Working capital can be in the hands of the business owner in 7-10 days. 

Daniel Ollman is the CEO and President of Crown Financial Services, Inc.( dano@crownfinancialservices.net ). Information about a free no cost no obligation consultation is available at (www.crownfinancialservices.net) Crown Financial Services, Inc. is based in

Nevada and provides assistance in obtaining working capital up to $1,000,000, in 5-7 business days, using credit card receivables for bars and restaurants, retail stores and service businesses.

This entry was posted on Tuesday, October 2nd, 2007 at 1:33 pm and is filed under Merchant Account Advances. 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.

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