|
This program is designed to provide quick access to working capital
for restaurants and other select retailers, by providing immediate
cash in exchange for a small portion of their future Visa/MasterCard
credit card receipts. The cash advance is not a loan. Rather, a
purchase of an asset - future Visa/MasterCard receipts. Hence it
is not impacted by, nor does it negatively affect, your credit status.
Another key benefit of this unique financing program is that it
does not carry a fixed repayment schedule. The funds advanced are
repaid as a fixed percentage of your monthly Visa/MasterCard receipts.
This program provides commercial and private mortgage loans for
merchants and businesses at all credit levels. SmartMerchant Solutions
offers flexible, cost-conscience mortgage loans for commercial and
residential real estate in all fifty states.
For businesses that carry accounts receivables, or collateralized
notes, our notes financing programs offer an excellent source of
capital funding. SmartMerchant Solutions has established a network
of investors who routinely purchase various forms of collateralized
notes providing the holder with immediate capital. We can arrange
the purchase of many forms of collateralized notes including business
notes.
For merchants and businesses who carry accounts receivables, we
offer another source of financing - receivables factoring. Factoring
is the purchase of accounts receivables at a discount. Factoring
allows a client to collect the money they are owed by their customers
immediately by accepting a discounted amount of the invoices. The
purchaser of the accounts receivable, or "factor", then
takes the responsibility for collecting the accounts receivable.
The amount of accounts receivable invoices a client can sell to
factors is unlimited.
|