HISTORY
The popularity of the business cash advance program is closely aligned with growing acceptance of credit cards as payments for goods and services and cutbacks in services at various financial institutions. As more businesses entered the marketplace and started to accept visa and mastercard as payment options, payment solution leaders such as Global Payment Group saw the need to offer an alternative form of financing to businesses around the world. GPG is one of the leaders in providing capital funding against your monthly credit card processing sales.
HOW IT WORKS
Global Payment Group provides businesses with a unique capital funding option that provides your business with working capital based on your anticipated credit card processing receipts. It is important to realize that the advance is not considered a loan or debt obligation. Global Payment Group is simply purchasing your credit card receivables. There is no fixed payment amount or repayment term. How the program works is a small percentage of your daily visa and mastercard receivables are collected until the advance and premium amounts are repaid. Since the cash advance is deposited directly into your business checking account, the funds will be accessible to you immediately.
Again, this is not a loan; it will not require a complicated application process, collateral or unnecessary fees. Your cash advance is for you to use in order to fulfill any of your business needs while keeping your existing credit lines available for other financing needs.
HIGHLIGHTS
Get approved in 24 hours
NO closing costs, NO points, NO application fees
NO obligation to find out how much cash you qualify for
Does not show as a debt on your credit report
May be tax deductible!
Poor credit is no problem
No personal guarantee - No collateral required
We fund businesses from $5,000 to $1 million dollars
For more information about GPG’s business cash advance program please feel free to contact us by phone 1-866-950-8472 or via email at info@globalpaymentgroup.com
|