Credit Card Factoring
Credit card receivables factoring is quickly becoming a preferred method for cash advances over business loans by restaurants, retailers, small and mid-sized businesses, and many other product or service companies that accept credit cards as an option for payment.
Credit card receivables factoring is a merchant cash advance transaction. You receive cash advances on your future credit card sales, with no loans to pay back – ever. You pay back your advance gradually as we retrieve a specified amount automatically through a small percentage of each of your credit card sales.
With credit card factoring from Business Factors, you don't have to deal with the hassle of applying for a hard to obtain business loan or worry about high interest rates or monthly payments. Unlike other credit card factoring companies, we offer an easy business funding application with no personal collateral required. Even if you have bad credit, most people qualify for our credit card receivables factoring.
Some of the many advantages of credit card receivables factoring include:
- No interest rates
- Fast funding
- No loss in the equity of your business
- Low monthly minimums
- No fixed payback schedule
Unlike other credit card factoring companies, we put no time limits or terms on your credit card receivables. If your credit card sales decline, so does the amount collected to payback the cash advance. Credit card factoring companies allow you to have a level of cash flow flexibility that you wouldn't receive with traditional business loans where you would be stuck having to pay a set monthly payment even if you couldn't afford it.
Stop applying for impossible business loans with tons of red tape and stacks of paper work. Our factoring involves very little underwriting, and our rates are among the lowest in the industry.
Call us 24/7 to find out how much credit card financing you qualify for from Business Factors.
1-888-234-6663