BAD CREDIT (((OK)))
NO LIENS
NO UP-FRONT FEES
NO FINANCIAL STATEMENTS REQUIRED=(((NO BANKING HEADACHES!)))
NO COLLATERAL REQUIRED
FAST 24 APPROVAL (NORMALLY once all documentation requested is received)
FAST FUNDING UPON APPROVAL (usually within 24hrs) Funding within within 10 to 14 days
What Do You Need To Qualify?
1. Your business must accept credit cards as form of payment!
2. You must be processing a minimum of at least $4,000 per month
3. You can qualify even if you have poor personal or business credit ratings
4. This process is completely and fully automated. We get paid when you are paid. NO HEADACHES FOR YOU!
Just How Exactly Does This Program Work?
You are advanced from $5,000 to $500,000 (Not a loan!) based upon your current sales receipts.
A small percentage is deducted from you ongoing credit card transaction receipts.
There are NO fixed payment and NO fixed re-payment terms and conditions.
This advance can really help improve your business credit.
Acceptable
Tangible Retail
Physical Commercial Location
Low Average Ticket < $50 < $25
High # of Transactions >500
Product Rendered on Site at Time of Charge Batches Daily
In Business Greater Than 9 Months |
Unacceptable
Internet, Home Based
Movable
High Average Ticket >$500 and Low # of Transactions
In Business Less Than 9 Months
Product Not Rendered on Site at Time of Charge Batches Weekly
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Merchant Acceptability Range
Greater Than 9 Months in Business (Current Ownership / Control)
Accepts Credit Cards (Visa / Master Card) as a Form of Payment
4 Months of Processing Statements, With an Average $4.0M/mo Credit Card Sales ($2.5M for Franchises)
ACCEPTABLE MERCHANT REQUIRED INFORMATION
This is a guideline of end of the range; from most to Least Acceptable
Qualified for a Merchant Account With a BFS Processor
Landlord Verification in Good Standing (or Current With Mortgage)+ Lease Expiration Greater Than 1 Year From Current Date
1 Month Bank Statement (Most Recent)
ACCEPTABLE MERCHANT CATEGORIES
Aircraft parts
Dentists
Pharmacy
Agricultural Florists (Non FTD, Non Teleflora)
Pharmaceuticals
Apparel
Equipment Rental
Piece Goods
Automotive Mechanic
Food Service
Printing
Automotive Parts
Forestry, Fishing, Bait or Tackle
Psychologists
Automotive Services Franchises
Publishing (Regional or Larger)
Barber shops/ Beauty Salons/ Day Spas
Garment/ Clothing
Restaurants
Beauty Products -Retail
Health (Retail)
Beverage
Home Accessory Stores
Security Services
Bicycle Shops
Liquor Stores
Sporting Goods
Bio-Tech
Lodging
Studios (Dance / Ballet)
Boat Mechanic
Manufacturing
Tanning Salon
Bookstores
Massage Therapy
Tattoo Shops
Chiropractor
Medical
Textiles
Cigar Shops/ Smoke Shops
Medical Technology
Towing
Clothing/ Garment
Motorcycle Service
Veterinarian
Computer Software
Nail Salons
Veterinarian
Computer accessories and repair
Nursing Homes
Video Stores
Consumer Products
Optometry
Warehouse / Storage
Defense/ Martial Arts/ Dance Studios
Pet Stores
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Restricted Merchant Categories (must meet the following criteria to be considered:)
3years in business + Min of 75 transactions per month + Average Transaction < $300 + Batches min of 15 times per month. Internet Based Businesses must have: 1) Product sales on line: 2) 12 months of statements; 3) 6 months of bank statements; 4) No Drop Shipments.
Restricted Merchants List below this:
Accounting (CPA) Jewelry Stores Production and Entertainment
Catering Halls (with Physical location) Lawn Service / Maintenance Publishing (Local)
Day Care Centers Limousines Resorts
Electronics Media Seasonal Merchants
Environmental Mobile Home Parks/ RV (Short Term Only) Transmission Shops
Entertainment Mobile Phones (no airtime sales / billing) Transportation (Fleet only)
Fitness/ Health Clubs Moving Companies (Fleet only 3 or more) Trucking (Fleet only)
Internet Based Business Nutritional- Internet Only Weapons Dealer
UNACCEPTABLE MERCHANT CATEGORIES:
Advisors/ Consultants Custom (builders, outdoor screens) Hurricane Shutters
Adult Entertainment Direct Marketing Insurance
Attorneys Drop Shippers Multi Level Marketing (MLM)
Dealerships (Boat, Car, Motorcycle, OffRoad) New and Used
Fencing Pawn Shops
Beauty (Internet - Mail-order)
Foreign Credit Cards
Domestic Credit Cards
Phone Card Sales (Greater than 20% of
total business volume)
Brokers Flooring Schools / Learning / Tutoring Centers
Building/ Construction/ Contractors Furniture Swimming Pools/ Spas / Hot Tubs
Fencing / Flooring Garage Door Companies Real Estate Agencies
Business With no Tangible Products Gas Stations Only Ticket/ Event Sales
Class 3 Gun Sales Glass Tinting Timeshare Sales
Computer Hardware Groceries / International Foods Tire Stores
Corporations / Ownership residing outside
of the US
Home Based Business without Inventory Travel
3 years in Businessi + Min of 75 transactions per monthi + Average Transaction < $300 + Batches min 15 times per month
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