Up to $150,000, Cash Merchant Advance Loan

By: Rick Reed

The first question a lot of people are asking is what is a merchant cash advance? An established business in existence for one year or more with visa and mastercard sales can qualfiy for a loan on their past activity up to $150,000 from a financial institution. The monthly average of their visa and mastercard sales x 1.5 will be a qualifying amount that the lender will fund up to. Here is an example for you, assuming your business averages monthly $50,000 for visa and mastercard sales over the last year. The lender will use that $50,000 x 1.5, therefore your lending base will be $75,000 for this example. Pretty neat, bet you didn't know this program was even out there.

The next logical question is, what kind of businesses qualfiy for this type of program? The following is just a few that would fall under this qualification:

limousine service, automobile centers, beauty and nail salons, dry cleaners,gas stations,retailers of all kinds, restaurants, bar/nightclubs, distributors,dental/medical offices and service providers.

The next question is what are some of features of this program:

* By working with a financial institution, save up to 50% in interest, check out the competitors' rates

* Loan amounts range from $5,000 to $150,000

* No tax returns, Financial Statements or Asset Documentation required

* Up To One Year to Pay back the loan, other programs 6-8 months

* No large fixed monthly payments, you pay a percentage of your future creditcard sales so the loan is repaid with the flow of your business cycle.

* Fast Approval, Within two days. Funded within seven business days.

* No Hidden Charges and no late Fees

* Poor Personal Credit Accepted. This is not FICO SCORE Driven, so credit is not an issue,Prior Bankruptcies No Problem

* To Pre-qualify, you must own you business for at least one year

* To Pre- qualify, you must average $3,000 monthly credit card sales

The obvious answer to everbodies question,is how do we repay back the loan? It is from the future card sales, a small portion is paid back each day to pay back the lender.

How low is the permitted Fico score? It could be as low as 500, but each situation stands by itself

If you have any questions, give us at U.S Corporate Capital Leasing Group a call

and let us assist you with all your finance needs..........Thanks

www.cclgequipmentleasing.com/cashadvances.htm

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