BankCard Funding is a method of obtaining capital quickly for your business based on your monthly credit card sales.
Here's how merchant financing works:
BankCard Funding will give a busines cash advance up to one full month of your average credit card receivables, by purchasing a percentage of your future credit sale.
There are no personal guarantees and there is no set time frame on the payback of the advance.
The cash advance may be used for:
Additional working capital
Opening new locations
Renovation or remolding of your business
Purchasing new equipment
Advertising and marketing programs
Additional inventory purchases
Funding payroll
Emergencies
Cash flow needs for established seasonal businesses
Advantages of using a BankCard Funding Merchant Cash Advance
No fixed payments
Fast turnaround time
High approval rate
No collateral required
No financial statements or tax returns
Ongoing source of capital that is renewable as the advance is paid down
Growth capital for your business
Unlike a business loan, there are no cumbersome or costly paperwork for application
BankCard Funding is a direct funding company.
No brokers…no middleman…no fees…no kidding!
