Account Receivable Financing
Nationwide Financial offers merchants a unique program in which they can receive money today for their future sales. This is not a loan, there is no fixed payments and there is no interest rate. |
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Why would a merchant want to take out a cash advance? |
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| 1. | It's simple to do business with us. | |
| 2. | Quick approval and funding | |
| 3. | Easy approval, non restrictive underwriting, basic documentation. Most businesses do not qualify for a bank loan. | |
| 4. | No tax returns or business financials are needed. No liens against your home or business. | |
| 5. | Never an application fee. | |
| 6. | Repayment is flexible; it works automatically deducting a small % of the daily credit card sales. No fixed time frame, you repay the advance only as you have cash flow. | |
| 7. | No U.C.C. filings, this advance never shows up in your credit report, D&B... | |
| 8. | Newly owned businesses with previous credit card processing qualify. | |
| 9. | It takes money to make money, unlock and take advantage of this quick efficient source of money. | |
| Top 10 Reasons for a Cash Advance | ||
| 1. | Reduce or retire debt. |
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| 2. | Purchase new, needed equipment, or merchandise. |
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| 3. | Expand or remodel your current business. |
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| 4. | Buy a new additional location. |
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| 5. | Buy out partners. |
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| 6. | Take advantage of better, volume or special pricing & terms by paying cash. |
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| 7. | Expand marketing and advertising programs. |
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| 8. | Fund benefits programs - Insurance, retirement, fund bonus incentives. |
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| 9. | Prepare for special seasons with inventory and staff. |
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| 10. | Develop new products and services. Research and development. |
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| Qualifications |
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Merchant must process $2500 or more in credit card volume. No active bankruptcies and a beacon score of 500+ Funding amounts and approvals may vary depending on a number of factors. No personal collateral and no personal financial statements are required. Approvals are typically in about 48 hours and funding in approximately 10 days. |
Call us at 1-800-720-0222







