What is Purchase Line Program?
A revenue based line of credit designed to provide business owners with the peace of mind that comes from knowing that your business has been pre-approved to receive fast working capital injections up to the Approval Amount, all while minimizing the cost of that working capital in two important ways.
First, while the Purchase Line Program pre-qualifies your business up to the Approval Amount, it does not require your business to draw the entire amount. In fact, your business can continue to draw on the line as needed and there are no fees for keeping quick access to the unused portions of your line. Why pay for what you don’t need? Only draw funds when needed, so your business doesn’t bear the high cost of being locked into paying for more capital than it needs.
Second, the Purchase Line Program provides a discount schedule that ensures no fees are paid after your business no longer needs the working capital it drew. Just pay down your line and apply the discount in the schedule. Enjoy the benefits of having a reliable funding partner that offers a fair discount schedule and does not charge your business after the capital drawn is no longer needed.
Split Funding
What is Split Funding?
Split Funding is a simple and flexible funding solution for businesses to gain access to capital in order to operate or grow their business.
With a Split Funding, you get funded a certain amount of money, and you then repay with an agreed upon percentage of your daily credit card volume.
Split Funding is an effective choice for various business owners because it offers a payback schedule based on an agreed percentage from credit card sales.
A business funding option such as this will help to not overburden the business’s cash flow.
Merchant Cash Advance
What is A Merchant Cash Advance
A Merchant cash advance is a purchase agreement which is often the best solution for a busines to gain quick access to working capital by selling a fraction of the business’ future revenue stream (up to the total amount sold) for an upfront purchase price. Businesses have the opportunity to utilize merchant cash advance agreements to provide the necessary capital a business needs to grow. This product allows busineses to only remit the dollar amount of the purchased receivables collected by the business on the provider’s behalf.