American Finance Solutions' new CASH FLOW program offers a new funding option featuring low factor rates with minimal restrictions! Over 60% of business owners funded by AFS list cash flow as their main reason for seeking capital. The CASH FLOW program provides this short-term financing at very competitive factor rates to fill this need. These short-term contracts, merchants quickly become eligible for their next round of financing in little as eight weeks, providing a continual stream of cash flow.
Factor rates available are 1.2, 1.22 and 1.25
Most merchant will qualify for funding amounts equal to 70% to 100% of their monthly credit card processing average. There are minimal restrictions and the program utilizes the same funding criteria as our traditional programs. All three types of collection methods (Split, Lock Box & Fixed ACH) are available with the CASH FLOW program.
CASH FLOW General Guidelines:
• Minimum FICO Score of 500
• Minimum Time In Business Of 1 Year
• Minimum Credit Card Sales Volume - $5,000/Month
• Maximum One Month Past Due On Rent/Mortgage On Business Premises
• No Open BKs Or BKs In Past 6 Months
• Restricted Merchant Types Qualify With Minimum 2 Years In Business
Why AFS CASH FLOW program?
• Sales agents will not lose the sale due to price!
• Eligible for additional funding when balance is less than 50%
• Agents offer low factor rates to all merchants, not just those with good credit
• Agents' commissions paid weekly and earn full commission renewals as well
• Funded by AMERICAN FINANCE SOLUTIONS – a proven leader in the MCA industry
As with all of AFS’ Merchant Cash Advances products, AFS does not have a processing fee, points or other closing costs. When a merchant’s contract is for $20,000; the merchant receives $20,000 in funding!
Factor rates available are 1.2, 1.22 and 1.25
Most merchant will qualify for funding amounts equal to 70% to 100% of their monthly credit card processing average. There are minimal restrictions and the program utilizes the same funding criteria as our traditional programs. All three types of collection methods (Split, Lock Box & Fixed ACH) are available with the CASH FLOW program.
CASH FLOW General Guidelines:
• Minimum FICO Score of 500
• Minimum Time In Business Of 1 Year
• Minimum Credit Card Sales Volume - $5,000/Month
• Maximum One Month Past Due On Rent/Mortgage On Business Premises
• No Open BKs Or BKs In Past 6 Months
• Restricted Merchant Types Qualify With Minimum 2 Years In Business
Why AFS CASH FLOW program?
• Sales agents will not lose the sale due to price!
• Eligible for additional funding when balance is less than 50%
• Agents offer low factor rates to all merchants, not just those with good credit
• Agents' commissions paid weekly and earn full commission renewals as well
• Funded by AMERICAN FINANCE SOLUTIONS – a proven leader in the MCA industry
As with all of AFS’ Merchant Cash Advances products, AFS does not have a processing fee, points or other closing costs. When a merchant’s contract is for $20,000; the merchant receives $20,000 in funding!
