PRLog (Press Release) –
Oct 13, 2007 – The business cash advance program is a type of financing, called receivables factoring. This type of funding allows business owners to sell their future receivables at a discount so that they can use a lump sum of the money deposited into the business account for working capital, equipment purchases, advertising, renovations, expansion and more.
All retail, service and restaurant owners find themselves needing capital to grow and manage their businesses. At times, these businesses are unlikely to obtain a commercial loan from financial resources because of unacceptable debt to income ratios or low personal or business credit scores.
This is when DFS Worldwide, LLC. steps in. Our underwriters use the "real-time assets", the customers of the merchant to provide funding. Healthy businesses can rely on the fact that their customers will continue to spend money at their establishments. DFS Worldwide, LLC. underwriters provides an advance on those sales.
A business owner can qualify for a Business Cash Advance of up to $300,000.
Unlike a small business loan, a Business Cash Advance has no upfront fees, closing costs or loss of equity. Business owners pay off the advance with a small percentage of each credit card transaction, based upon the amount advanced and the business' cash flow history. Underwriting guidelines are based on length of time in business, length of lease, monthly credit card volume, average monthly sales volume and past business history.
Businesses can use the funds for:
• Advertising • Inventory • Expansion • Renovations • Equipment • Taxes • Working Capital • Emergencies
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About DFS Worldwide, LLC.
DFS WORLDWIDE LLC., can arrange money for when your business needs it the most. We Specialize in helping businesses with their cash flow, by providing solutions for the ever present need for money. We do this in several ways including factoring, purchase order funding, equipment leasing, asset based lending and many other funding alternatives. We value professionalism; being fair; recognizing that what's best for the customer is what's best for us; we don't compromise our principles to do a deal. We take pride in our work and our relationships.
