Does Your Business Have Access
to Emergency Working Capital?
Many business owners face the challenge of obtaining working
capital for their business.
Do you have a plan for yours?
You are good at what you do: running your business. The nuts and bolts of serving your customers
and getting the job done is where you shine. You have a clear vision of how to grow from where you are today (Point A) to
where your business needs to go (Point B).
You just need the working capital to get there.
Unfortunately,
you've already talked to your local bank - and you don't fit their ideal lending profile. Your business is too
risky (restaurant) or too new (less than 3 years).
Or you've been late on a couple of bills.
Or you lack the proper assets to
secure a traditional loan.
Or you don't want to put your personal residence on the line.
Or
you already have.
You get the point. There are a lot of reasons for banks and other traditional funding
sources to say 'no.'
So
Where Can You Turn?
If you are like most restaurants, retail or service-related businesses - you probably already possess an asset
you might not even know you have. That asset is your future credit card sales.
That's right. Sales you
haven't even made yet can be converted into cash for your business TODAY. Rather than waiting for incremental sales
to come through your door over the next six to twelve months - you can sell a percentage of your projected future credit card
processing receipts at a discounted rate in exchange for a lump sum of working capital for your business.
How Does It Work?
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