Cash Flow |
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How Will a Business Cash Advance Effect your Cash Flow?
At Advance Factor, we excel in providing business cash advances through credit card factoring. Credit card factoring is a form of accounts receivable factoring whereby a business can receive a cash advance based on future credit card sales.
Make Flexible Payments
Unlike traditional forms of financing such as business loans or equipment leasing, with a cash advance, there are no scheduled monthly payments. The repayment of a cash advance is based solely on sales volume. This means, when sales are down, then the amount you pay is accordingly reduced.
The ability to make flexible payments is particularly important for newly formed and seasonal businesses. With a new business, the costs of operating and expanding often far exceed income, especially if sales were slow at the beginning, and a seasonal business must handle periods where income is either slow or nonexistent.
In both cases, with a business cash advance, there is no pressure to come up with a fixed monthly amount and no worry about accruing late fees or compromising one's credit history.
Free Up Working Capital
Factoring credit card invoices frees up your working capital and gives you more control over your money. You will have peace of mind knowing that you be able to meet your operating expenses and invest further in your company in whatever way you choose.
If your business processes at least $2,500 in credit card sales, then you may be eligible for a business cash advance up to $250,000. Simply fill out our online application, or for more information call... |
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