Semi, Big Rigs, Over the Road Trucks Merchant Business Cash Loans and Advances, Up To $150,000, Rates as Little as 15%

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Semi Trucks, Big Rigs, Over the road trucks merchant business cash business loans and advances, up to $150,000 with interest rates starting as minimal as 15% are available in today’s financial markets. These merchant semi, big rigs and over the road trucks cash loans are available for businesses in service for one year or more.

A semi truck, big rig and over the road truck cash loan or merchant cash loan might be remedy your small business requirements for an infusion of working capital. As the economy has destabilized, countless businesses have a want of a cash infusion and/or working capital to acquire them through these hard times.

As lending has tightended its credit values and less money is out there small businesses have to locate alternative ways of obtaining credit. In the past, the increase in real estate prices and easy credit was a way countless small businesses were obtaining capital. Due to the real estate downturn and difficulty in the banking community, this is no longer an alternative for the small business. An alternative to this currency flow and/or working capital dilemma can be resolved in the business hard cash raise or the merchant hard cash advance spot. This industry is based upon a divergent set of values which we will describe below..

Primary of all, what is a semi truck hard cash merchant improve? .. An established semi truck business in existence for one year or extra with visa and mastercard sales can qualfiy for a loan} or a merchant currency advance on their past activity up to $150,000 from a lending institution and $750,000 or added per location from a true merchant cash advance company. The monthly average of their visa and mastercard sales x 1.5 will be a qualifying amount that the lender will fund up to. Here is an example for you, assuming your business averages monthly $50,000 for visa and mastercard sales over the last year. The financing institution will employment that $50,000 x 1.5, therefore your lending base will be $75,000 for this example. Pretty neat, bet you didn’t know these programs were even out there.

For this advance semi truck loan program discussed today, this program allows you to obtain 1.25 x your monthly average of your master, visa, discover cards. This program is buying a piece of your future cards based upon your past performance. The repayment amount is a fixed percentage of what you collect subsequently. Also, this program will upgrade up to $750,000.

Here is an example of this semi truck,big rig, over the road truck program, lets say your average monthly average credit cards sales average $100,000 per month and the advance company oks a upgrade of $125,000. They will apply a percentage to this amount say 15% and after funding, every credit public sale you collect they will be paid 15%. If you have a huge or a bad day, the percentage is constantly the same. This process will continue until the amount is paid off. Once you pay off 80% of the improve, you can apply for another raise or merchant business offer
.
This program isn’t Fico driven which is a reason countless companies can’t qualify at the {lender|bank|financial institution today. This program doesn’t need additional guarantee and personal guarantees. Usually, these cash advances are paid off in months not years. This program doesn’t want personal income tax returns and other asset documentation…There are no application fees and/or this raise doesn’t effect your existing working capital line at a financing institution if that applies.. One position you should comprehend, this merchant cash advance company will require you to change your processor. They will also collateral to beat the rates your are paying at the present-day moment and offer additional perks that they will assist you in any resistance you might have….

Another benefit to this cash merchant semi, big rig and over the road truck loan program is that you can use these monies for whatever purpose you had in mind. Whether it is expansion capital, pay off old bills, debt consolidation, new equipment acquistions, buying new inventories, etc it is your resolve..

The qualifications. to obtain this semi, big rig, over the road truck program ready is for the applcant to fill out the cash raise or loan application and fax the detailed pages of your last four months merchant statements and three months lender statements to your loan company.

The approval process takes as minimal as 24-48 hours and the funding within 7 business days

OTHER PERTINENT FACTS FOR THE MERCHANT BUSINESS LOAN PROGRAM ….
SEMI, BIG RIG, OVER THE ROAD TRUCK LOANS UP TO $150,000
TIB
1-3 YEARS.... 1.00 X C.C VISA/MASTERCARD/DISCOVERY
3-5 YEARS.... . 1.25 X C.C
OVER 5 YEARS.... .1.5 X CC

LOANS ELIGIBILITY BASED UPON AVERAGE FOUR MONTHS CREDIT CARD
SALES X RATE ABOVE.....

RATES... 1-3 YEARS........3-5 YEARS.........OVER 5 YEARS

6 MONTHS 22% 15% 15%
9 MONTHS. Contact Contact Contact
12 MONTHS................. .N/A Contact Contact

CREDIT REQUIREMENT.....CREDIT SCORE NOT SO IMPORTANT ...
NO MAJOR PAST DUE PAYMENTS, BOUNCED CHECKS,

LOOKING FOR FINANCIAL STABILITY CUSTOMERS ....

INDUSTRIES......ALL EXCEPT ADULT STORES AND FURNITURE STORES
UNDER TEN YEARS.....*****************************

PAPERWORK REQUIREMENTS......
THREE MONTHS BANK STATEMENTS ALL DETAILS
FOUR MONTHS MERCHANT STATEMENTS....TOTAL INFO

PERSONAL GUARANTEES FOR MOST STATES.....YES

OUTSTANDING CASH MERCHANT SEMI, BIG RIGS, OVER THE ROAD TRUCK ADVANCES HAVE TO PAID OFF BY THIS LENDER BASED UPON LOAN ELIGIBILITY CALCULATION

Ø Loans Amounts Range From $5000 to $150,000
Ø Up To Half the Interest Rates, Check out our Rates vs our Competitors
Ø Poor Personal Credit Accepted, Not an Issue for our lend Program
Ø Up To One Year To Pay Finance, Not 6-8 Months like our Competitors
Ø To Pre-qualify for a loan you will be required to have an average of $3000 monthly credit card sales
Ø No Substantial, fixed monthly payments, the bank receives a percentage of your credit card sales so the loan is repaid with the flow of business cycle
Ø No Tax returns, Financial statements or possession documentation are required
Ø Your loan can be approved within two days and funded within seven business days
Ø Enjoy the most excellent merchant lend terms with no charges and no late fees
Ø Financial institution isn’t FICO Score driven and focus on the crucial thing credit background, Prior Bankruptcies No Problem
Ø You {must|ought to|be mandatory to own your business for at least one year
Ø The maximum the financial institution will typicallyloan is about 1.5 X Your Monthly Visa/MasterCard Sales Average, Competitors 1.25 X

Happy shopping for your semi, big rigs, over the road trucks merchant cash business loan and advance..

Article Source: http://depositarticles.com/

J.M Luna has over thirty years experience in the financal field. This includes business loans, financing, leasing and hard asset money loans. U.S Corporate Capital Leasing Group assists the start up and seasoned businesses for all their trucking financing needs. www.cclgequipmentleasing.com/cashadvances-150k.htm www.cclgequipmentleasing.com/semi_trucks.htm

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