Banks just aren’t loaning money to the payment card industry. They don’t understand the business. ISO Advance is ready to advance the cash they need to grow their business without the hurdles they’ll run into from traditional lending institutions.
New York, NY (PRWEB) January 15, 2013
ISO Advance is pleased to announce the launch of a residual cash advance program for sales people in the credit card industry. A residual income advance provides cash resources to credit card industry for business expansion, hiring more staff, or marketing. Financing ranges from $5,000 to over $1 Million with 6 to 12 month terms.
"Banks just aren’t loaning money to the payments card industry. They don’t understand the business. ISO Advance is ready to advance the cash they need to grow their business without the hurdles they’ll run into from traditional lending institutions." said Christopher Hernandez, Director at ISO Advance. “We provide funding for just about anything including those unexpected business hiccups. Our rates are very competitive and well below typical merchant cash advance rates.”
Any ISOs that earns at least $5,000/month in residual income can apply. They are eligible to receive an advance against up to 100% of their monthly residual income. They offer an easy one page advance application and can provide approvals and cash in as little as 5 days.
Hernandez continues "On the road to success there are inevitably going to be bumps in the road that can negatively affect your credit rating. Our evaluation is based more than on just your score. Throughout the underwriting process we look at the whole picture."
Who is ISO Advance?
ISO Advance provides capital resources to US based merchant processing professionals. They enable ISOs the ability to leverage their residual income portfolio so that they can grow their business. ISOs are not required to switch processors when accepting an advance. They retain their most valuable asset, their processing portfolio. Other services ISO Advance provides are the purchase of processing portfolios and merchant cash advances to small businesses. For more information go to http://www.ISOAdvance.com, call (888) 416-0004