Credit Card Sales Financing
Credit Card Sales Financing is for companies with high credit card intake. Many restaurants use our credit card sales financing for quick cash.
Friend Capital Funding offers advances against credit card sales to companies (primarily restaurants and retail outlets) who accept credit cards from their clientele. The following is our minimum criteria:
| Type of Product: | Cash loan advanced against 3 months average credit card sales. |
| Time in Business: | 2 years business ownership. |
| Sales Qualifications: | Minimum Monthly Sales of $5,000 Visa / MasterCard receipts. |
| Processing Time: | Approval within 72 hours of Application. |
| Funding Time: | Funding within 5 to 10 working days. |
| Available Line of Credit: | Up to $250,000* |
| Credit Requirements: | Qualification is NOT based on owners Personal Score. |
| Documentation: | 6 Months Business and Visa / MC Merchant Bank Statements. |
| Transaction / Annual Fee: | None/Waived. |
| Minimum Monthly Payment: | Percentage of daily credit card receipts. |
Credit card sales financing does not count against existing lines of credit.
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Friend Capital Funding 7603 First Place, Suite B12 Cleveland, Ohio 44146 |
Phone: (866)FRIEND-0 Fax: (866)839.3090 |