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 Types of Financing
Credit Card Receivable Financing
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Credit Card Receivable Financing is a short-term working capital loan for Visa/MasterCard merchants. The loan amount is usually based on the merchant's previous six months average monthly sales volume on Visa/MasterCard (12 months if the business is seasonal).
The typical loan amount is 70% - 100% of the monthly average credit card volume, and the typical term is 6 months. Longer payback terms are available up to one year. The loan is amortized by an automatic daily payment based on the merchant's Visa/Mastercard sales.
Working Capital in 7-10 days
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