Crown Financial Services

The reality of the economic climate facing business owners today is that traditional lenders are toughening the requirements needed to obtain working capital. Over 90% of all small business owners can not get money from banks. Reasons include length of time in business, lack of collateral, and the owner’s poor credit just to name a few.

Let’s explore a unique solution for business owners who need a quick infusion of capital. One of the least-known merchant financing strategies for successful businesses is potentially the single best working capital management strategy for obtaining needed capital. The use of a merchant cash advance program or credit card factoring program.

For any business that accepts credit cards as a method of payment, a merchant cash advance is a critical business financing tool that is often overlooked. Merchant cash advances are based solely on the company’s future credit card sales. A merchant cash advance allows a business owner to get a large sum of cash now, without incurring any additional debt. 

Some of the key advantages of a merchant cash advance over other forms of financing are: no long application process, 24 hour approvals, cash in 5-7 working days, no application fees, no tax returns needed, no business plan needed, no closing costs, no fixed payment terms, no fixed time, no hassles. Typically a merchant can obtain between $5,000 and $1,000,000 per location.  The amount depends on your monthly VISA/MC sales volume.

You can you use the money for, buying out a partner, expansion, advertising campaign, hiring personnel, payroll, emergencies, almost anything related to your business.

Collection of the purchased credit card sales occurs automatically through the credit card processor, which sends the funding company a small fixed, predetermined percentage from each credit card sale. The seamless integration of processing and ease of obtaining working capital is a natural fit and an obvious benefit to businesses that can not acquire traditional funding.

Merchant cash advance companies work with both established and expanding businesses to provide working capital to businesses in the small-to-medium sized range that prefer a funding option that aligns with their cash flow.

As you can see, a merchant cash advance, can potentially be the single best working capital management strategy for obtaining needed cash. This is a vital business financing tool that should not be overlooked.

Crown Financial Services is a proud member of the American Cash Flow Association, the Las Vegas Better Business Bureau and Las Vegas Chamber of Commerce.

Christmas season is coming and retailer’s must purchase their stock soon. Some retailer’s will fall short and may need extra cash in order to make this Christmas season a great one. One of the best ways to obtain working capital for small business is also one of the least known. It’s called credit card factoring. Credit card factoring is a very unique solution for those who need a quick infusion of cash. 

Every small business needs capital at some point. Credit card factoring utilizes an asset that is unrecognized by traditional financial institutions — a steady stream of credit card sales — to determine the financial viability of a business.  

Credit card factoring companies can help small business owners avoid 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.  

Credit card factoring cash advances typically varies from $5,000 to $1,000,000. 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 loans 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

Credit Card Factoring strategies for short-term working capital management is often overlooked because of an apparent preference for long-term business financing. Although long-term business loan options are frequently appropriate, there are several short-term working capital management possibilities that will be much more effective for business owners in achieving successful business financing results. One of the most overlooked short-term working capital financing strategies is Credit Card Factoring programs.

Credit Card Factoring - SHORT TERM WORKING CAPITAL MANAGEMENT

For any business that accepts credit cards as a method of payment, a Credit Card Factoring advance is a critical business financing tool that is often overlooked. Even thriving businesses frequently need more working capital than they can borrow from a bank. One of the least-known merchant financing strategies for successful businesses is potentially the single best working capital management strategy for obtaining needed cash for growing their business: the use of a Credit Card Factoring program.

The most likely candidates to benefit from this working capital loan strategy are retail stores, service businesses, restaurants and bars. The highly-recommended and highly-effective working capital financing strategy uses an under-utilized business asset (credit card receivables) to obtain Credit Card Factoring advances based upon a merchant’s sales volume.This working capital management strategy is also known as “credit card receivables funding”. Many businesses have relied upon a working capital financing strategy called “receivables factoring” or “receivables financing” which allows them to sell their future receivables at a discount.

Most small businesses cannot adequately document their receivables in order to qualify for this kind of business financing. Many other small businesses (such as restaurants, bars, retail stores and service businesses noted above) simply do not have such receivables to rely upon as a commercial financing tool.

What these businesses do have in many cases is documented sales volume and documented credit card sales activity. It is this documented level of sales volume and credit card sales activity that becomes a financial asset to the business and its business financing strategies. Credit Card Factoring advances from $5,000 to $1,000,000 can usually be obtained based on a merchant’s sales volume and future credit card sales.  

The business financing time period covered by a Credit Card Factoring advance is typically 12 months or less. For businesses that desire to continue the Credit Card Factoring advance program beyond this period, it is usually an easy matter to get an additional business cash advance once the initial one has been completed. Typically in 48 hours.

Dan Ollman is the CEO and President of Crown Financial Services, Inc.Crown Financial Services, Inc. is based in

 Call now for a free no cost no obligation consultation, (702) 367-3281.Or visit us at (www.crownfinancialservices.net) and download a free booklet, “Ten ways to get working capital for your business”. 

Merchant Cash Advance strategies for short-term working capital management are often overlooked because of an apparent preference for long-term business financing. Although long-term business loan options are frequently appropriate, there are several short-term working capital management possibilities that will be much more effective for business owners in achieving successful business financing results.

One of the most overlooked short-term working capital financing strategies are merchant cash advance programs.

Merchant Cash Advances - SHORT TERM WORKING CAPITAL MANAGEMENT

For any business that accepts credit cards as a method of payment, a merchant cash advance is a critical business financing tool that is often overlooked. Even thriving businesses frequently need more working capital than they can borrow from a bank. One of the least-known merchant financing strategies for successful businesses is potentially the single best working capital management strategy for obtaining needed cash for growing their business: the use of a merchant cash advance program.

The most likely candidates to benefit from this working capital loan strategy are retail stores, service businesses, restaurants and bars. The highly-recommended and highly-effective working capital financing strategy uses an under-utilized business asset (credit card receivables) to obtain merchant cash advances based upon a merchant’s sales volume.

This working capital management strategy is also known as “credit card factoring”. Many businesses have relied upon a working capital financing strategy called “receivables factoring” or “receivables financing” which allows them to sell their future receivables at a discount. Most small businesses cannot adequately document their receivables in order to qualify for this kind of business financing. Many other small businesses (such as restaurants, bars, retail stores and service businesses noted above) simply do not have such receivables to rely upon as a commercial financing tool.

What these businesses do have in many cases is documented sales volume and documented credit card sales activity. It is this documented level of sales volume and credit card sales activity that becomes a financial asset to the business and its business financing strategies.

Merchant cash advances from $5,000 to $1,000,000 can usually be obtained based on a merchant’s sales volume and future credit card sales. The business financing time period covered by a merchant cash advance is typically 12 months or less. For businesses that desire to continue the merchant cash advance program beyond this period, it is usually an easy matter to get an additional business cash advance once the initial one has been completed. Typically in 48 hours.

As with any successful business financing strategy, there will typically be only a small handful of  lenders who are effective at implementing this working capital management strategy properly. There are also a number of problems to be avoided with merchant cash advance programs, so choosing the appropriate provider of this business financing service is extremely important to any business owner considering a business cash advance program.

Dan Ollman is the CEO and President of Crown Financial Services, Inc.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.   Call now for a free no cost no obligation consultation, (702) 367-3281.Or visit us at (www.crownfinancialservices.net) and download a free booklet, “Ten ways to get working capital for your business”.