STEP 1 - HOW TO QUALIFY
Determine how much your average monthly credit card sales are for the last six months. Then check the simple requirements below:
- You have been in business for 1 year or in some cases less.
- You have at least $8,000 in credit card sales monthly.
- You have accepted Visa, MasterCard or Amex
A simple example of how much you can borrow: Add up your credit card monthly processing statements for the last 6 months. Perhaps it totals $540,000. Divide by 6= $90,000. You can get 80-120% of that amount or $72,000 to $108,000.