Hi,

Lately I have been doing advance funding using credit card future sales. I have now found three sources that I feel comfortable with and feel are the best. Each one has it’s own specialty that I can match my clients up with. While you often can qualify for more money as a rule of thumb figure that you can receive an advance equal to your average one month volume of MC/Visa sales. In other words if you do about $25,000 monthly MC/Visa you can receive in a few days funding of $25,000.00.

I want all of my merchants to use utmost caution when borrowing money. Make sure you have exhausted your conventional sources first because the rates are higher for cc advance funding. The rates will vary according to your credit. However it can make sense for the right situation. I just had a merchant use the funding to buy almost new equipment for a fraction of what it is worth. He will be able to turn a nice profit on his purchase. In this situation it makes sense.

For more info go to
http://paymentconsulting.net/2006/09/advance-funding-for-credit-card-sales.html

http://paymentconsulting.net/2008/03/accelerating-cash-advance.html

http://paymentconsulting.net/2008/02/there-is-money-available-if-your-bank.html

Bill Hoidas
Consultant Manager Larger B2B/MOTO/Internet Accounts
Product Development Manager
Matrix Payment Systems
(847) 381-3482 office
(847) 381-4289 fax
http://paymentconsulting.net
http://chicago.citysearch.com/review/44659273
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