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Sleeper, 18 Wheeler and Semi Trucks Merchant Business Cash Loans and Advances, Up To $150,000, Rates as Low as 15%

By: J.M Luna

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Sleeper, 18 wheeler and semi trucks merchant business cash business loans and advances, up to $150,000 with interest rates starting as low as 15% are obtainable in today’s financial markets. These merchant sleeper, 18 wheeler and semi trucks cash loans are obtainable for businesses in service for one year or more.

A sleeper, 18 wheeler and semi truck cash loan or merchant cash loan might be remedy your small business requirements for an infusion of working capital. As the economy has weakened, countless businesses have a need of a cash infusion and/or working capital to obtain them through these hard times.

As lending has tightended its credit standards and less funds is out there small businesses have to obtain alternative ways of obtaining credit. In the prior, the spread in real estate prices and easy credit was a way numerous small businesses were obtaining capital. Due to the real estate decline and difficulty in the lending community, this is no longer an alternative for the small business. An alternative to this cash flow and/or working capital drawback can be resolved in the business cash advance or the merchant cash advance region. This industry is based upon a distinct set of standards which we will describe below..

Primarily of all, what is a 18 wheeler truck currency merchant advance? .. An established semi truck business in existence for one year or extra with visa and mastercard sales can qualfiy for a offer} or a merchant cash advance on their former activity up to $150,000 from a financial institution and $750,000 or more 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 financial institution 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 lending organization will use 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 sleeper truck loan program discussed today, this program allows you to take 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 prior performance. The repayment amount is a fixed percentage of what you collect subsequently. In addition, this program will advance up to $750,000.

Here is an example of this sleeper truck, 18 wheeler, semi truck program, lets say your average monthly average credit cards sales average $100,000 per month and the advance company oks a advance of $125,000. They will apply a percentage to this amount say 15% and after funding, every credit sale you collect they will be paid 15%. If you have a remarkable or a bad day, the percentage is always the same. This process will continue until the amount is paid off. Once you pay off 80% of the upgrade, you can apply for another raise or merchant business loan
.
This program isn’t Fico driven which is a reason numerous companies can’t qualify at the lender today. This program doesn’t want additional collateral and personal guarantees. Usually, these cash advances are paid off in months not years. This program doesn’t require personal income tax returns and other asset documentation…There are no application fees and/or this upgrade doesn’t effect your present working capital line at a lending institution if that applies.. One position you should comprehend, this merchant cash advance company will want you to change your processor. They will in addition guarantee to beat the rates your are paying at the present time and offer other 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 portfolios for whatever purpose you had in mind. Whether it is growth capital, pay off old bills, debt consolidation, new equipment acquistions, buying recent inventories, etc it is your decision..

The requirements to get this sleeper, 18 wheeler and semi truck program going is for the applcant to fill out the cash advance or loan application and fax the detailed pages of your final four months merchant statements and three months bank statements to your loan company.

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

OTHER PERTINENT FACTS FOR THE MERCHANT BUSINESS LOAN PROGRAM ….
SLEEPER, 18 WHEELER AND SEMI 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 SLEEPER, 18 WHEELER AND SEMI 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 Offer Program
Ø Up To One Year To Pay Back, 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 costs, 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, Lending statements or acquisition documentation are required
Ø Your loan can be approved within two days and funded within seven business days
Ø Take pleasure in the greatest merchant offer provisions with no charges and no late fees
Ø Financial institution isn’t FICO Score driven and focus on the vital tip credit background, Earlier Bankruptcies No Obstacle
Ø You must own your business for at least one year
Ø The maximum the lender will typicallyloan is about 1.5 X Your Monthly Visa/MasterCard Sales Average, Competitors 1.25 X

Happy shopping for your sleeper, 18 wheeler and semi trucks merchant cash business loan and advance..

Article Source: http://depositarticles.com/

J.M Luna has over thirty years experience in the financial field. This includes merchant cash loans, leasing and hard asset money loans. U.S Corporate Capital Leasing assists the start up and seasoned businesses for all its merchant cash loan needs. www.cclgequipmentleasing.com/cashadvances-150k.htm www.cclgequipmentleasing.com/cashadvances.htm

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