CASH ADVANCE

CONFIDENTIAL BUSINESS LOANS

FOR BUSINESS OWNERS

No Monthly Payments

I recently discovered Platinum1Finanical which provides “unsecured” business cash advances to businesses in Savannah and nationwide.  Whether you are in need of a business loan for inventory, supplies and/or other business essential needs; these cash advance Business loan opportunities are based on your business' gross sales/credit card sales volume, and they may be able to advance you from $5,000 to $250,000 or more. Most Approvals are provided in 24-Hours.

The way it works is simple; Platinum1Financial purchases a percent of a business future Visa, MasterCard, AMEX and Discover receipts and advances their future earnings to your business up-front.

You use the money for whatever purpose you wish! Platinum1Financial then deducts daily a small percentage from your credit card sales. 

If approved you can receive the advance within 5-7 days, then the advance is automatically repaid out of your future earnings. You can get potentially from $2,500 to $250,000 per location.

Cash Advance Minimum Requirements

·         In Business for over a year

·         Accept Credit Cards

·         Monthly Visa & MasterCard sales exceeds $5,000

·         Monthly Total Cash/CC exceed $7,500

Key Advantages to the program:

·         Approval in 24 Hours

·         High Approval Rate

·         No Accruing interest

·         No Application Fees

·         No personal guarantee

·         No fixed repayment terms

·         Automated Collection process

·         No need to change your processing company

·         Additional funds available after 60% of balance repaid

Here’s how it works: Let’s say hypothetically your business has an unexpected challenge or special event that requires 10k.  You elect to pay back 20% (max) of your credit card transactions.  A customer purchases your products or services and swiped their credit card for $100, then in this case, 20% or $20 would come to the lender and remaining balance $80 goes back to your business.

This just keeps on going until your account is settled.

The great thing about this is that Platinum1Financial gets paid when your business makes a sale.  So if your business has a slow month, an emergency or some other unexpected event, you don’t have to worry, because your balance never gets higher.  Since they charge a one time fee up front and there is no accruing interest rate, as a business owner you are not penalized for taking longer to pay back.  For example if $10k owed on the 8 month plan and for some reason it took 16 months to repay,  they will still only pay the total cost.

Example: A $10,000 advance will cost your business approximately $13,500 ($10,000 advance, $3,500 purchase cost) the terms would be for 6/8 months. But as I stated above if you have a slow month or it takes you longer to pay the total does not change.  When calculated over 8 month (240 days) the $3,500 purchase cost will be $14.60 per day.

Hopefully this information is helpful.

If you are interested in more information about this service

email me at dean@thesavannahlocal.com

or call me at 912-247-3209