Crown Financial Services

A business cash advance (obtained through credit card processing and merchant cash advances) is a vital working capital management tool that can be easily overlooked. Even flourishing merchants regularly need more financial wherewithal than they can get from a local bank or savings and loan.

However, what is usually even more overlooked by many businesses is a unique opportunity to decrease their credit card processing expenses at the same time that they obtain a working capital cash advance via merchant cash advances.

Merchant cash advances are an outstanding business finance alternative to consider when a merchant is seeking a short-term business loan. As with most successful working capital loan strategies, merchant cash advances included, there will typically be only a handful of lenders that are effective at properly executing the combined business financing tasks.

Crown Financial Services is one of them. They are leaders in the merchant cash advance industry.Your choice of a credit card processing provider is extremely important to your overall business. One of the major working capital management reasons for evaluating credit card processing and merchant cash advances in this combined fashion is that the low-cost producers of the best merchant cash advance programs are likely to be utilizing the best and lowest-cost credit card processing producers.

In most cases, the lowest-cost and best providers of credit card processing and merchant cash advances will not be available to an average business other than in conjunction with a working capital plan that includes both processing and merchant cash advance financing. But the benefits realized from the integration of these two key working capital management programs should be worth the efforts of combining them.

Businesses should not overlook the substantial business finance benefits which will accrue to their business by effectively coordinating merchant cash advances and the credit card processing.

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 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”.

Merchant credit card processing is often a problem for merchants yet an issue rarely looked at. A valuable merchant cash advance funding can reduce or eliminate many merchant credit card processing problems by implementing a well seasoned, appropriate cost reduction vendor well versed in credit card factoring/merchant cash advance programs. 

A merchant cash advance funding can produce dual business benefits by eliminating credit card processing problems and providing improved cash-flow.  

For any business that accepts credit cards as a method of payment, a merchant cash advance funding is a valuable working capital financing tool that is often overlooked. Even thriving businesses frequently need more working capital than they can borrow from a bank. However, what is typically even more overlooked by many business owners is the opportunity to reduce their credit card processing costs at the same time that they obtain a merchant cash advance funding. 

A merchant cash advance funding is an important option to consider when a business is seeking short-term unsecured business financing and an improved approach to credit card processing. Unfortunately there are a number of problems to be avoided with credit card processing and merchant cash advances. As with any successful business financing strategy such as merchant cash advance, there will typically be only a small number of lenders who are effective at implementing the credit card processing and a merchant cash advance funding strategy properly. 

Because of this, the cautious choice of a suitable provider of credit card processing and merchant cash advance funding is extremely important to any business owner that accepts credit cards.  

For business owners either unhappy with their current credit card processing services or simply wondering if cost improvements are viable, a merchant cash advance funding should be considered.  

One of the primary reasons for evaluating credit card processing and a merchant cash advance funding in this coordinated fashion is that the low-cost producers of the best merchant cash advance programs will almost certainly be using the best and lowest-cost producers of credit card processing services. In many cases, these providers of credit card processing are simply not available to the average business owner other than as part of a working capital management plan encircling both a merchant cash advance program and credit card processing. 

Business owners should not lose sight of the substantial benefit which might build up to their business by successfully combining credit card processing and a merchant cash advance program.  

Cost reduction and improved cash flow are primary goals of many business owners and the proper coordination of credit card factoring and credit card processing should accomplish both of these difficult goals simultaneously

Merchant credit card processing is often a problem for merchants yet an issue rarely looked at. A valuable credit card factoring program can reduce or eliminate many merchant credit card processing problems by implementing a well seasoned, appropriate cost reduction vendor well versed in credit card factoring. 

A credit card factoring program can produce dual business benefits by eliminating credit card processing problems and providing improved cash.  

For any business that accepts credit cards as a method of payment, credit card factoring program is a valuable working capital financing tool that is often overlooked. Even thriving businesses frequently need more working capital than they can borrow from a bank. However, what is typically even more overlooked by many business owners is the opportunity to reduce their credit card processing costs at the same time that they obtain a credit card factoring program. 

Credit card factoring is an important option to consider when a business is seeking short-term unsecured business loans and an improved approach to credit card processing. Unfortunately there are a number of problems to be avoided with credit card processing and credit card factoring programs. As with any successful business financing strategy such as credit card factoring programs, there will typically be only a small number of lenders who are effective at implementing the credit card processing and credit card factoring strategy properly. 

Because of this, the cautious choice of a suitable provider of credit card processing and credit card factoring is extremely important to any business owner that accepts credit cards.  

For business owners either unhappy with their current credit card processing services or simply wondering if cost improvements are viable, a credit card factoring program should be considered.  

One of the primary reasons for evaluating credit card processing and credit card factoring in this coordinated fashion is that the low-cost producers of the best credit card factoring programs will almost certainly be using the best and lowest-cost producers of credit card processing services. In many cases, these providers of credit card processing are simply not available to the average business owner other than as part of a working capital management plan encircling both credit card factoring and credit card processing. 

Business owners should not lose sight of the substantial benefit which might build up to their business by successfully combining credit card processing and credit card factoring.  

Cost reduction and improved cash flow are primary goals of many business owners and the proper coordination of credit card factoring and credit card processing should accomplish both of these difficult goals simultaneously.

In a nutshell, a merchant cash advance is a lump sum of cash now, in exchange for a small portion of your future credit card sales.

Crown Financial Services purchases a small portion of your future credit card sales at a discount. This is called a merchant cash advance or credit card factoring. We then collect a percentage of your daily Visa/MasterCard sales directly from your credit card processor until advance is paid in full. Repayment is automatic. You never have to worry about writing checks, making timely payments, or paying late fees.

For Example:

Crown Financial Services will advance your business $50,000 today in exchange for $60,000 of your future Visa/MasterCard sales. Crown Financial Services then collects anywhere from 12 to 25 percent of your daily Visa/MasterCard sales until the $60,000 advance is collected. Usually over a period of 5 to 12 months.

Merchant Cash Advance Advantages
Merchant Cash Advances offer businesses the fastest, easiest way to access risk-free capital from $5,000 to $1,000,000. Funding in 5-7 days with no application fees and the process is simple with minimal paperwork.

No fixed payments - flexible programs

No fixed time frames for repayment

Completely automated process Crown Financial Services gets paid only when you get paid

Renewal is easy. Once you are a Crown Financial Services customer, getting more money or renewing your advance is even simpler.

There is never a pre-payment penalty:

You can use your cash for anything. From adding a new location or inventory, to making payroll or paying taxes, to buying advertising or direct mail, the cash advance is yours to use in any way you choose to grow your business.

You pay as you grow. The merchant cash advances are paid for with a percentage of the Visa and MasterCard transactions only. If your credit card volume is down, then the amount collected by Crown Financial Services is less and vice verse when volume is up.

Qualification and Funding: To qualify you must: 

• Run a traditional retail/service/restaurant business with at least one year remaining on your lease.
• Have a fixed business location.
• Preferably be in business for more than six months
• Must have a minimum average monthly credit card sales volume of $5,000.
• Must not be behind in rent or mortgage payments for more than two months.
• Have no current bankruptcies and no bankruptcy discharges in the last 12 months.
• Have no more than $100,000 in unresolved liens.

In a nutshell, a Credit Card Factoring funding is a lump sum of cash now, in exchange for a small portion of your future credit card sales.

Crown Financial Services purchases a small portion of your future credit card sales at a discount. This is called a Credit Card Factoring funding or credit card receivables funding. We then collect a percentage of your daily Visa/MasterCard sales directly from your credit card processor until advance is paid in full. Repayment is automatic. You never have to worry about writing checks, making timely payments, or paying late fees.

For Example:

Crown Financial Services will advance your business $50,000 today in exchange for $60,000 of your future Visa/MasterCard sales. Crown Financial Services then collects anywhere from 12 to 25 percent of your daily Visa/MasterCard sales until the $60,000 advance is collected. Usually over a period of 5 to 12 months.

Credit Card Factoring Advantages
Credit Card Factoring fundings offer businesses the fastest, easiest way to access risk-free capital from $5,000 to $1,000,000. Funding in 5-7 days with no application fees and the process is simple with minimal paperwork.

No fixed payments - flexible programs No fixed time frames for repayment Completely automated process Crown Financial Services gets paid only when you get paid

Renewal is easy. Once you are a Crown Financial Services customer, getting more money or renewing your advance is even simpler.

There is never a pre-payment penalty:

You can use your cash for anything. From adding a new location or inventory, to making payroll or paying taxes, to buying advertising or direct mail, the cash advance is yours to use in any way you choose to grow your business.

You pay as you grow. The Credit Card Factoring fundings are paid for with a percentage of the Visa and MasterCard transactions only. If your credit card volume is down, then the amount collected by Crown Financial Services is less and vice verse when volume is up.

Qualification and Funding: To qualify you must: 

• Run a traditional retail/service/restaurant business with at least one year remaining on your lease.
• Have a fixed business location.
• Preferably be in business for more than six months
• Must have a minimum average monthly credit card sales volume of $5,000.
• Must not be behind in rent or mortgage payments for more than two months.
• Have no current bankruptcies and no bankruptcy discharges in the last 12 months.
• Have no more than $100,000 in unresolved liens.

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 receivables funding.

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. A merchant cash advance allows a business owner to get a large sum of cash now, without incurring any additional debt. The reason is simple; you are not receiving a loan. You are “selling an asset at a small discount”, your future credit card sales. 

Merchant Cash Advance companies work with both established and expanding businesses to provide working capital to businesses in the small-to-medium sized range who have difficulty securing capital from traditional financial institutions or prefer a funding option that aligns with their cash flow. Working capital can be in the business owner’s hands in 7-10 days.

What are the key advantages of a Merchant Cash Advance over other forms of financing? A Merchant Cash Advance, also known as credit card factoring, allows a business owner to get a large lump sum of cash now, without incurring additional debt. A credit card receivable funding is not a loan. You are “selling an asset at a small discount”, your future credit card sales.

Other major advantages include:

• No long application process
• 24 hour approval
• Cash in 7-10 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

What can you use the money for?

• Buying out a partner
• Expansion
• Advertising campaign
• Hiring personnel
• Payroll
• Emergencies
• Almost anything related to your business.

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.

Now let’s explore what you, as a business owner, need in order to qualify for such funding. You’ll see it’s very easy to qualify. Then we will compare qualifications needed for a credit card receivables funding vs. traditional bank loan.

How do you qualify for funding?

General guidelines:

Minimum $4,000 per month in credit card sales (MasterCard/Visa)

3+ months in business, preferably one year

No unresolved bankruptcies

Let’s compare the qualifications: Merchant Cash Advance vs. a traditional Bank loan. 

Traditional Bank Loan:

Minimum 3 Years in Business

Business Asset Collateral

Personal Guarantees

3 Years Tax Returns

3 Years Financial Statements

High Credit Score

Application Fee

Closing Cost

Long Application

Long Approval Process

Merchant Cash Advance:

6+ months in Business, one year preferred

Based on future VISA/MC Sales

No Personal Guarantee

No 3 Years of Tax Returns

No 3 Years of Financial Statements

Credit Score Does Not Matter

No Application Fee

No Closing Cost

2 Page Application

24 Hour Approval

Do you see how easy it is to qualify for this type of funding vs. a traditional bank loan?

Additional benefits of this type of funding:No Preset Dates No Preset Amounts No Need to fill out stubs and enclose checks The process is fully automated; “We’re paid if and only when you’re paid”

Crown Financial Services is proud members of the American Cash Flow Association, the Las Vegas Better Business Bureau and Las Vegas Chamber of Commerce. With fast, courteous and professional service, we aim to help businesses reach their financial goals and dreams. We appreciate you allowing us to explain our working capital solutions for small business.

Let us provide you with a lump sum of cash now! Call today for a free no cost no obligation consultation, (866) 560-8079. Call in to see if you qualify for a $25,000 lump sum cash advance! What are you waiting for? Let’s start the process today! 

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

When a small business needs funds quickly, a merchant cash advance offers unlimited flexibility. Also, it’s easy and exceptionally fast.

80% of all small businesses fail during the first year. 92% are unable to get traditional financing from banks. But restaurant and retail operations, or any business that accepts credit cards as a form of payment, can now get a merchant cash advance on expected future credit card sales. And many smart companies are using that option to stay afloat.

There are as many different needs for a merchant cash advance, or credit card receivables financing, as there are small businesses operating today. For example, a restaurant owner who can’t quite make payroll may survive the crisis and keep his doors open with a merchant cash advance.

A mom and pop hardware store could suffer a flooded basement or damaged piece of equipment or loss of inventory and need to make an immediate and often substantial expenditure. Even when these extra expenditures are covered by insurance, there might be a lag time until reimbursement. This is where a merchant cash advance can become a small businesses lifeline.

Then, there’s just the unpredictability of running a business on a day to day basis. Routine occurrences, like a slip in sales because of bad weather or a shutdown during a power outage, can cause a significant cash crunch.

Small businesses also may need an influx of cash for a growth opportunity. If a hair salon is looking to expand its services and become a day spa and the space next door suddenly becomes available, the owner will need money to renovate. With a merchant cash advance the owner could have the needed funds in hand in just 5-7 work days.

The advance amount the merchant can receive is determined by calculating the company’s average monthly Visa and MasterCard credit card sales for the past six months. The level of financing ranges from $5,000 to $1,000,000, and funds can be obtained in as little as a week.

The loan amount is typically 100 percent to 150 percent of the average monthly Visa/MasterCard volume. Cash is also used as the basis for the loan in certain situations, such as diners, pizza places, and sandwich shops. The bottom line: The merchant’s monthly payment should be in the neighborhood of 10 percent of his total monthly volume, including cash, and Visa/MasterCard.

Loans generally average $35,000-$50,000, and the loan is paid back within 5-12 months. After the merchant pays back the loan, he has an opportunity to renew the arrangement again.

Payment is simple. The merchant cash advance funder will work through a credit card processor to draw money from actual profits as payments are made using credit cards. Or, the merchant cash advance funder may draw his payments directly from the merchant’s bank account once the credit-card payments are deposited there.

It’s beneficial for the merchant to hire a consultant in the cash flow industry who knows what each of the merchant cash advance funding sources requires and can help the merchant find the best match.

In addition to helping locate the most appropriate funder, cash flow consultants can help the merchant fill out the application. The funder’s underwriting department will then pre-approve the merchant’s application, working on the assumption that the information on the application is correct. The pre-approval process generally takes 48 hours or less. After all the information is verified, the deal can be financed, typically, within 5-7 days.

Merchant cash advance financing can be a great way for a small business to get the cash it needs to grow, or to get through a particularly difficult time. For many small businesses, it may be the only source of funding that will help it survive.

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 United States obtain appropriate terms for credit card factoring advances up to $1,000,000 based on future credit card sales.

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 Nevada and specializes in quick closings for merchants who can not find traditional funding sources.  The free “10 Ways to get Working Capital” booklet has been published online by Crown Financial Services, Inc. at http://www.crownfinancialservices.net/apply to provide guidelines for obtaining credit card factoring advances by businesses such as restaurants, bars, service businesses and retail stores.   The 10 Ways to get Working Capital Booklet will help commercial borrowers throughout the United States obtain appropriate terms for working capital and credit card factoring advances up to $1,000,000 based solely on future credit card sales.