Credit Card Factoring - Merchant Financing

Credit Card Factoring, also known as a Merchant Financing is specifically targeted to retail, restaurant and service industry merchants who currently accept minimum $5000 in Master Card and Visa sales from their customers every month. Cash flow is always important to small to medium size businesses

A Business Cash Advance is:

• Not A Small Business loan, or a personal loan of any kind
• Not a Start up capital program to start a business
• Not for merchants who do not accept Master Card and Visa
• Not a small business or Govt Grant program

Credit card receivables factoring is quickly becoming a preferred method for cash advances over business loans by restaurants, retailers, small and mid-sized businesses, and many other product or service companies that accept credit cards as an option for payment. We look at past Visa and Master Card sales history as an indication of a merchant's future success and then we work hard to help the merchant by making it easy to get the cash they need.

Merchant Financing is a financial services product that provides cash to merchants in exchange for a small portion of their future master Card and Visa sales revenue. In short, we buy future Master Card and Visa credit card sales and provide cash to merchants that they can use immediately. For access to the money we provide, merchants agree to pay back a fixed amount above the amount we advance to them.

To Qualify for Credit Card Factoring or Merchant Financing a Merchant must:

• Be a Retail, Restaurant or Service industry merchant
• Must be accepting $5,000 a month in Master Card and Visa credit cards from their customers
• Be in business for at least 1 year and have accepted credit cards for at least 6 months
• Have no open Bankruptcies or Judgments, have minimum 1 year left on business lease

The differences between a credit card factoring program and a bank loan is that:

• Getting approved is easier than getting approved for a small business loan
• Fast approval versus 3 months before a bank decision is made
• No restrictions on the use of the cash vs. banks require that you detail the use of money
• Average pay back takes only 6 months, banks loans take 3 to 5 years to repay
• Quick application vs Lengthy documentation process
• No Collateral required for this program while Banks may require collateral more than the loan value
• Typically, no financial or tax return required
• Doesn't show as a loan or a debt on your credit report

Why Would you use this Program:

• Increase inventory
• Business expansion
• Working capital
• Advertising
• Debt Consolidation
• And more...

Once you are ready to get your Financing, we will ask you for a little information and you will be on your way to getting your Genie Merchant Financing.

Call us on 780-665-3600 NOW or fill in our quick form and you could be on the growth path!!!