Credit Card Processing
Credit card processing loans are the most secured loans in all of the country and elsewhere. Available for any business accepting payments via swipe card machine or credit card processing machines. Credit card processing loans are an advance based upon the future revenues or credit card sales of a business. Basically, the small business is selling a portion of future credit card sales to acquire capital immediately.
These are easy to process and don’t require a lot of hassle. These are also called as split card processing loan and are a part of merchant cash advance.
*The information provided is under ideal condition and may change based upon business portfolio and circumstantial needs.