Based on the the hurdles associated with securing working capital through traditional financial institutions like banks according to the 2005 Small Business Record of the 109th Congress. "The barriers that entrepreneurs face in securing financing are largely due to the very nature of small business. Small businesses lack substantial financial resources, are more sensitive to local economic conditions and often operate under very thin margins." The result--the financing approval rate for these businesses is often dismal.
The challenges are spelled out in a long de-motivating list of reasons the small business person is disadvantaged and often discouraged.
A. Unattractive variable interest rates
B. Loan repayment independent of cash flow
C. Frequent limitations on the amount to be borrowed
D. A long loan process and lots of paperwork
E. Stringent usage requirement
A business owner has other limited options that most find unappealing:
1. Using a personal credit card, however, the accumulated financing charges could make what could have been a profitable project very unprofitable. Additionally, his personal credit rating can be affected.
2. Securing a home equity loan is possible, but you would have to put your house at risk.
3. Get a loan from your family and friends however, you have to be prepared for the possible consequences of moving these personal relationships into a business relationship.
CCI Underwriters, Inc offers a unique alternative funding product. The Merchant Cash Advance product is a lump sum of working capital advanced to a Merchant in exchange for a predetermined amount of the Merchant’s future credit card sales.
A viable alternative to traditional financing, Merchant Cash Advance offers flexibility and options to more businesses. To make sure this is the right fit for your client's needs, we will first establish you:
- Have owned the business for more than one year
- Process a minimum of $2,500 in monthly Visa and MasterCard transactions
Upon approval, the process is simple. The business sells a portion of their future credit card sales, receiving a lump sum of working capital. Then a fixed percentage of their daily credit card receipts is automatically retrieved (through the processor) until the obligation is complete — typically within one year.
Businesses especially like the fact that Merchant Cash Advances are intergrated directly into your credit card processing, payments are made through automatic deductions by the credit card processor of a percentage of the business daily credit card sales. This means the payments amounts align perfectly with the daily sales of your business.
We can an offer of up to $150,000 in working capital. Offering hassle-free funding as a benefit connected to our Visa/MasterCard processing sets us apart from the dozens of other Merchant Service providers in your area.
Our customers see us as not only saving them money on processing, but now providing them access to the money their business really needs. Being responsive to their needs, we offer working capital in as little as 5 days. Qualified merchants will return for more money an average of 3 times, creating easy working capital revenue streams for our customers.
A client's challenging, low FICO score can find a fresh start with CCI.
If you a merchant that has been turned down on obtaining merchant processing, we would like to offer the following advice about the working capital their business needs to take advantage of opportunity. As a business owner you can be excited about the possibilities of improving your business plans, because we can show you how easy you can access the money to get it done. We offer each business the financial power to take control of your direction, and you will find it easy to obtain the processing arrangement that makes it possible.
Because a Merchant Cash Advance provides fundings primarily on the strength of each business, we require less from individual business owners. A company's poor credit history is no longer such a great hurdle. By partnering with CCI Underwriters, Inc, you have more flexible options. We have successfully funded businesses with FICO scores ranging from the low 400s through the 800s, so we can help satisfy even the most challenging customers.
A full service commercial finance/lease brokerage offering "Capitaleasing Business Solutions" asset based financing, with our expertise and our partnerships with national lenders, we can assist with ALL of your financing needs.
Our Capitaleasing Business Solutions provide a financing solution for all types of business ( large or small). We will provide you a chance to overcome all your financing problems….
By using our services you:
- Save time by having your loan or lease proposal directed to the most appropriate funding source.
- You are not limited to any funding source.
- A lender has one funding program; we have access to literally hundreds of funding programs, which are made available to our clients.
WaterStates Financial serves as an intermediary between the lessee (buyer of the equipment) and the lessor (funding source). We specialize in obtaining finance for its clients both large and small, at the least rates and in the fastest possible time.
We have funding relationships with many of the major financing lenders and lessors companies. We are not limited to one funding source. There has always been a financing source ready to handle any type of business loans however; most business owners don’t know what they are or where to find them. We open the door to these sources for our clients.
Our many funding sources with varying risk appetites and areas of specialization enable us to fit custom financial solutions to your capital needs.
Call: 877-878-2537 e-Mail: info@capitaleasing.com
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