iPayment Inc. has partnered with
Business Financial Services to create a business funding product that you can offer to restaurants and retail establishments that have been in business for at least one year. iPayment will be promoted as the iPayment Cash Advance Funding Program. iPayment will provide funding based on future credit card sales. . . Let us turn those future credit card sales into CASH for you and your clients.
BENEFITS OF OUR iPAYMENT CASH ADVANCE FUNDING PROGRAM
| • Give your prospective clients a program that no other processor can provide and support |
• All contracts prepared by our underwriting department |
• Earn extra income from your present clients |
• We fund all 50 states |
| • We accept Co-signers |
• Our online application process is fast and efficient |
| • Funding as fast as 10 days |
• Approvals in as little as 24 hours |
iPayment Cash Advance Funding Program Overview:
iPayment offers financing to retail merchants by providing an advance for the purpose of purchasing inventory, advertising, equipment purchases, renovations & more. An Agent refers a customer to BFS by providing them with a pre-application or directing them to a web site address with unique tracking on the Internet. BFS collects the necessary criteria in order to evaluate the credit worthiness of the buyer. Business owners with credit scores of 500 and higher usually accepted. Based upon the results, the merchant is advanced the funds to purchase the inventory.
There is no set term to pay off the advance. The merchant pays off their advance with a small percentage of each credit card transaction based upon the amount advanced and the merchant's cash flow history.
The fee is based upon: credit worthiness, length of time in business, length of lease, monthly credit card volume, average monthly sales volume and past business history.
iPayment Inc.
877- 411- 4006
FOR MORE INFORMATION |
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