AFS Launches New Agent Portal

American Finance Solutions launched a new Agent Portal in early April. Previously our Agents and Partners could only track their commissions through our website in real time.

We have taken the effort to roll out a complete support tool for our agents that allows them access to sales training, almost all of AFS' forms needed to submit and complete contracts, and all of our partner processing companies applications and supporting forms. The most significant piece is our FAST CASH contract generation.

The FAST CASH contract piece allows agents to create, save, print and email a complete PDF package to their clients in just minutes and auto attaches all the necessary partner processing forms as well. Agents simply log in to the portal, enter in their clients pertinent data (including the previous four months credit card processing volumes), select the partner processor who will doing collecting of the split withholding and hit submit. The system will auto-calculate how much the client qualifies for and create a complete submission package.

The entire process of generating contracts should take less than ten minutes after one becomes familiar with it. Hopefully this new tool will lead the industry again, in customer service by empowering our sales agents and giving them the ability to close more deals in less amount of time! AFS is really trying to deliver on the promise of "simplifying cash advance"

To learn more about partnering with American Finance Solutions please visit our website americanfinancesolutions.com or call 800-760-5516.

AFS Announces New FAST CASH Finance Program

American Finance Solutions (AFS) is excited to announce upgrades to its FAST CASH financing program for small- and medium-sized businesses.

Starting Monday, February 8th AFS will be offering business up to $20,000 in financing within 48 to 72 hours without credit checks. As long as the businesses meet a few qualifications such as:

• In business for six (6) or more months
• Process a minimum of $5,000 per month in Visa/Mastcard/Discover and Debit card transactions and batch a minimum of 15 times per month
  
• Not more than 30 days behind on the business' lease or mortgage
• Do not have a current merchant cash advance
• Do not have pending or open bankruptcy for the business or any business owner
  

and can get approved with an AFS-partner credit card processor they are approved!

Initially, each business will qualify for 20 percent of its credit card processing volume with a minimum amount of $2,500 and a maximum of $20,000. After successfully completing merchant cash advance contract each business will be eligible for additional financing amounts to a maximum of $60,000.

For more details you can visit us on the web at FAST CASH or to learn more about becoming a partner for AFS-partner to offer our financing service please visit our Partner Page.

No Business Left Behind!

In today’s credit crunch most business owners across America are feeling left behind. Most of them are telling us that with the recession in full swing they have not been able secure a loan and a new line of credit. Businesses of all sizes have really taken a beating the last 18 months with the meltdown of the global economy, the credit crunch and lack of normal revenue from their customer base. Like the US homeowner that has been unable to continue to pay their mortgages and getting behind with payments the same thing has happen with business owners. They have trouble paying rent or leases, paying their employees, purchasing needed equipment to stay open and with cash flow issues. They are having the feeling of being left behind.

American Finance Solutions (AFS) FAST CASH program was rolled out to assure that “No Business is Left Behind”. With 175 business types 100% pre-approved and another 65 business types 95% pre-approved for AFS’ Fast Cash program. The underwriting process is streamlined and inclusive for this new financing product. Now business owners can have a recent Bankruptcy, liens and a low credit score (in fact credit isn't even considered) and still get approved for FAST CASH.

The FAST CASH product is really more inclusive to those that have been really affected by the present recession. A lot of these clients are good owner-operators that have had some bad luck with not being able to pay bills on time or have had to file for bankruptcy. The FAST CASH product allows these merchants to navigate through some really tough financial times and get caught up on a few bills and get above water.

AFS will fund a business with the FAST CASH product in 24-48 hours and them qualify for between $2,500 to $9,500.

The requirements for FAST CASH financing are as follows:

1. Must process at least $4500 per month in credit cards
2. Have no current cash advance accounts open
3. AFS must obtain a landlord verification and must not be behind in rent more than one month
4. Minimum of 15 credit card batches per month

The business owners who receive the FAST CASH product are not the only ones who benefit. AFS allows the ISO partner agents to keep 100% of all the processing residuals and they also get a great upfront and back end commission on the deal. Merchants who complete three FAST CASH programs are then approved for a traditional cash advance.