| PRLog Free Press Release | + Bookmark This Page |
Filter News Category Accounting Advertising Aerospace Affiliate Program Agriculture Apparel Architecture Arts Automotive Banking Beauty Biotech Books Business Computers Construction Consumer Coupons Deals Defense Education Electronics Energy Engineering Entertainment Environment Event Family Fashion Finance Fitness Food Free Games Government Health Hobbies Home Home Business Human Resources Industrial Insurance Internet Jewelry Legal Lifestyle Literature Loans Manufacturing Marketing Media Medical Mobile Mortgage Movies Multimedia Music Non Profit Open Source Pets Photography Property Publishing Real Estate Religion Reports Research Restaurants Retail Science Security Semiconductors Services Shipping Shopping Society Software Sports Technology Telecom Textile Tourism Transportation Travel Wireless Country Afghanistan Aland Islands Albania Algeria American Samoa Andorra Anguilla Antarctica Antigua & Barbuda Argentina Armenia Aruba Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Botswana Brazil British IOT Bulgaria Cambodia Cameroon Canada Cape Verde Cayman Islands Côte D'ivoire Chile China Colombia Congo, The DR of Costa Rica Croatia Cyprus Czech Republic Denmark Dominica Dominican Republic Ecuador Egypt Estonia Ethiopia Faroe Islands Finland France French Polynesia Georgia Germany Ghana Gibraltar Greece Guatemala Hong Kong Hungary Iceland India Indonesia Iran, Islamic Republic of Ireland Israel Italy Jamaica Japan Jordan Kazakhstan Kenya Korea, Republic of Kuwait Kyrgyzstan Lao PDR Latvia Lebanon Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macedonia Malaysia Maldives Malta Mauritius Mexico Moldova, Republic of Morocco Nepal Netherlands Netherlands Antilles New Zealand Nicaragua Niger Nigeria Norway Oman Pakistan Panama Peru Philippines Poland Portugal Puerto Rico Qatar Réunion Romania Russian Federation Saudi Arabia Scotland Serbia & Montenegro Seychelles Singapore Slovakia Slovenia South Africa Spain Sri Lanka Sweden Switzerland Syrian Arab Republic Taiwan Tanzania, United Republic of Thailand Timor-Leste Tonga Trinidad & Tobago Tunisia Turkey Turks & Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States United States MO Islands Uruguay Vanuatu Venezuela Viet Nam Virgin Islands, British Virgin Islands, U.S. Zambia Zimbabwe State / Province Select Country FirstCity / Town Select State First | 85% Of US Small Businesses Now Qualify For New Working Capital Infusion Program
FOR IMMEDIATE RELEASE
PRLog (Press Release) –
Nov 17, 2008 – CHICAGO, IL– KPCP Merchant Capital, a leading working capital investment firm today announced a program to help many small and medium sized businesses ignored by the bailout with a new fund that will approve capital for 85% of US Businesses.
“In these desperate times, a working capital cash advance can be a vital life-line for businesses looking to stay afloat, or to make inventory purchases for the holidays, expand, or pay off bills,” said Richard Pirovano, President of KPCP Merchant Capital. “With the capital markets still effectively frozen, and banks not lending businesses as large as McDonald’s money; small and medium sized firms must be protected,” adds Pirovano. “While the bail out works for large firms, there unfortunately is little help for the small businesses that help make this country great. The working capital advance is one tool that these small and medium sized firms have to survive and grow.” Working capital advances work differently than a loan. While loans are almost impossible to obtain, working capital advances take into account a firm’s past check deposits and credit card receipts and formulates an amount to advance the business that can be paid off by taking a percentage- usually 20%- of each sale, to pay back the advance. By paying as they go, businesses are not stressed out to pay back a set amount that may be difficult to pay back if the economy stays in the prolonged slump that it is in now, or if other conditions change. The advance also does not go on the businesses or business owners’ personal credit, as the advance is merely the purchase of future credit card and check sales, not a loan. Because it is “pay back as you go”- it allows KPCP Merchant Capital and its affiliates to approve 85% of all businesses. The business owner can use the funds for whatever they need such as improvements, paying off debts, buying out a partner, or saving money for a rainy day. Cash Advances can be from $5,000-$1,000,000, and can be obtained in 3-10 days. Obtaining the advance is simple. 85% of business that have been operating at least six months can qualify, so long as they accept credit cards and checks. There are no personal guarantees as well. Additionally, KPCP Merchant Capital through its alliance with credit card processor guarantees to meet or beat the current processing rates a business is paying with their 90/10 Merchant Rewards Plan. For a no obligation analysis and to find out if a business qualifies for a cash advance, call 1-847-372-8407 or go to www.kpcpmerchantcapital.com. # # # KPCP Merchant Capital is a merchant bank committed to providing working capital advances to companies that accept credit cards and check deposits.
Email to a Friend Visit Press Room Previous News Next News
Disclaimer: Issuers of the press releases are solely responsible for the content of their press releases. PRLog.Org can't be held liable for the contents of the press releases. Report Abuse Most ViewedDo It Yourself Solar Panels For Homes - 2754 views How To Build Your Own Solar Power Panels To Save On Electricity - 1758 views Solar DIY Panels - How To Make Home Solar Panels - 1036 views How To Make Do It Yourself Solar Power System To Save On Electricity - 821 views Home Wind Turbine - How To Make Wind Turbine - 730 views |
For Businesses ...
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||