Sentences with phrase «one's future credit card sales»

The lender charges either a «factor rate» on the loan or a fee based on a percentage of future credit card sales.
Basically, the small business is selling a portion of future credit card sales to acquire capital immediately.
In a merchant cash advance, a merchant gives businesses upfront cash or capital in exchange for a percentage or a portion of future credit card sales.
Another option is known as a merchant cash advance, with businesses getting cash upfront in exchange for some of their future credit card sales.
A growing number of capital providers are willing to give businesses a lump sum upfront in exchange for a share of a merchant's future credit card sales.
It is an advance based on your future credit card sales.
A lender will give you upfront a lump sum of money for a specified percentage of your future credit card sales.
The funding provider gets paid back by taking a portion of your future credit card sales each day.
With a merchant cash advance, lenders provide a loan based on a merchant's future credit card sales.
This segment of the lending industry is not regulated because their repayment terms are tied to future credit card sales
Not technically a business loan, split funding is a purchase of your future credit card sales done at a discount.
CAN Capital will lend you between $ 5,000 - 150,000 in exchange for a set percentage of your future credit card sales.
A merchant cash advance is another type of receivables financing wherein a lump sum of money is given to a company against its future credit card sales.
But if your business typically has lots of customers who pay with credit or debit cards, a merchant cash advance could allow you to turn some of your future credit card sales into money you can use right away.
An alternative to a small business loan, these funds are typically available within 7 days or less based on all future credit card sales.
Cash Advance is not a loan; it is the purchase of your future credit card sales at a discount.
Merchant cash advance is a system wherein a lender lends money to a borrower in return for a fixed percentage of the future credit card sales.
On the other hand, Merchant Cash Advance will be a great idea as it is given against repayment from the future credit card sales.
If to be more concrete, a creditor does a one - time payment in exchange for the future credit card sales.
Basically, the small business is selling a portion of future credit card sales to acquire capital immediately.
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