New Affordable Credit Card Processing Rates
Nationwide (PRWEB) October 18, 2013
New and affordable credit card merchant services are being made available through BusinessCashAdvanceGuru.com an alternative business loan provider that serves small to medium sized companies across many industries.
Companies still find it difficult to secure working or expansion capital, even years after the official end of the economic downturn. "While the small business lending landscape has been steadily improving over the past year, challenges still remain, particularly for companies that have less than stellar credit histories. Many banks are not willing to provide capital to small business owners who have below average credit scores," explains Rohit Arora, the co-founder and CEO of Biz2Credit, an online credit marketplace.
Business Cash Advance Guru's credit card merchant services are specifically offered with small to medium sized businesses in mind. The rates are competitive; repayment installments are based on a percentage rather than a fixed amount, and funds may be used at the borrower's discretion.
The lender also offers high risk business loans and commercial cash advances for business needing a quick capital infusion, "A merchant cash advance is a short-term loan paid in a lump sum to a business owner in exchange for a portion of a company's future credit-card sales. Companies involved in this type of financing offer quick access to cash without requiring excellent credit or substantial collateral," Fox Small Business explains.
The alternative lender makes credit card merchant services easy to set up and has the most comprehensive support available. Small business can also apply for a loan without having to undergo a credit check and need not submit certified financial statements, profit and loss documentation, or tax returns.
Unlike the big banks, this alternative capital provider has a simple application, which can be submitted through the company's website. The lender has a 98 percent approval rate and funds are directly deposited within a week of approval. Small business loans range in size from $5,000 to $500,000 and no collateral, or personal guarantee is necessary to qualify.
“Business Cash Advance Guru.com makes obtaining financing approval as fast and as simple as completing a credit card application. The goal of providing access to business grade capital swiftly and easily to small businesses across the country is realized through the alternative lender's release of its proprietary commercial funding system.”
Business Cash Advance Guru.com expanded nationwide services are now available in the following geographical areas:
Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Washington DC, West Virginia, Wisconsin, and Wyoming.
BusinessCashAdvanceGuru.com, a division authorized by TieTechnology, LLC. TieTechnology, LLC, specializes in service based solutions for businesses. Services provided by TieTechnology are merchant credit card processing, business service telecommunications, and web based visibility marketing. The advantages of doing business with TieTechnology are, their commitment to their customer service excellence and the offering of one stop solutions to all business to business service product needs for the customers’ convenience. To learn more about their wide assortment of business services, please visit http://www.tietechnology.com.