United Auto Finance Company | Info

Most credit card companies allow retailers to receive needed funds for their businesses. This is a great avenue for business owners who may not qualify for funding from their banks. In order to receive the funds, the retailer must have been a customer of the credit card company for one to three years previously, depending on the company involved.

Merchant Financing

The retailer would apply for the advance, the same as he would a loan from the bank. Conditions for approval of the advance are not as stringent as they are for a loan, since the retailer is seeking an advance against the future credit card proceeds. There are minimum sales volume requirements and the retailer can receive an advance from $3000 to $300,000, in some cases depending on the monthly sale volume.

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