Credit Card Factoring for Retailers-Free Informational Booklet!
Crown Financial Services, Inc. today announced that it has published The 10 Ways to get Working Capital Booklet http://www.crownfinancialservices.net/apply to assist business owners in obtaining additional working capital. The booklet provides critical background information which can help commercial borrowers throughout the
According to Dan Ollman, President of Crown Financial Services, Inc., “Even thriving businesses frequently need more cash than they can borrow from a bank. The 10 Ways to get Working Capital booklet focuses on one of the least-known commercial financing strategies based on using credit card receivables for obtaining needed cash for growing a business”. This booklet offers many other places to seek capital as well.
This commercial financing strategy is known as credit card factoring advances, merchant cash advances, business cash advances or credit card receivables financing. It uses an under-utilized business asset (future credit card sales) to obtain credit card factoring advances based upon a merchant’s average monthly Visa/MasterCard sales volume. Credit card factoring advances enable businesses to convert future cash flow into immediate working capital.
The most likely candidates to benefit from the use of credit card factoring advances are restaurants, bars, service businesses and retail stores. Crown Financial Services, Inc is based in