Questions and Answers

How much money can I qualify for?
A: Typically you receive an amount at least equal to your monthly credit card sales, but usually more.

How quickly do I have to pay it back?
A: You would pay it back at a rate of 3-7% of gross monthly sales.

How is the schedule of repayment determined?
A: You don’t have a specific schedule, only a percentage of your credit card sales for the month, so it will be smaller when credit card sales are smaller, and more, when they are more.

Do I have to have good credit to be part of the program?
A: No. This is one of the advantages of the program, perhaps the biggest one. This program is designed for merchants that may not qualify for a traditional loan, or do not want to go through the complicated paperwork of trying to get a bank loan.

Do I have to have a retail store, or can I be a mail order or Internet company?
A: You must have a retail store or restaurant.

How long do I have to be in business to qualify for this program?
A: At least a year.

What kind of things can I use the money for?
A: Any of the following and much more: expansion, repairs, ongoing expenses, new equipment, advertising, advantageous buys, etc.

Is collateral required?
A: No.

Will I have to change my credit card processing service?
A: One advantage of the program is that you will likely save money on your card processing fees. You will need to process through our group, but we will match or usually lower your costs.

For information call: 1-888-737-8433