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Leverage Future Card Sales to Obtain Working Capital Infusion Today


Imagine this situation - your small business has steady sales and you need working capital funding for business expansion plans. You approach a bank but get rejected due to some reason. It seems unfair. Did you know that future credit card sales can be a source of working capital funding? It’s possible with the merchant cash advance solution offered by companies such as Mantis Funding.


Popular Alternate Financing Solution Let’s get this straight - a merchant cash advance is not like a bank, it’s an alternate business financing solution. In the cash advance model, you get a lump sum payment that’s credited into your business bank account. In return, you commit a percentage of your future sales until the entire lump sum amount and applicable charges are repaid.


It’s a simple and effective solution for small businesses that have steady revenues but find it difficult to obtain funding from conventional money lenders such as banks.


Simple and Straightforward Process Unlike banks, Mantis Funding has a very simple and straight forward application process for business financing. The company does not ask for a current credit score or collateral – two stumbling blocks for small businesses applying to a traditional bank.


Instead, the company takes into account the client’s past and current business revenues, customer base and business model to evaluate financing eligibility. A merchant cash advance is offered on the promise of future revenue. The company makes a funding proposal detailing the repayment terms and if a client agrees to the terms, money is transferred to the client’s bank account within a few days.


Who Can Benefit? There are many small businesses that can take advantage of the cash advance financing solution. Restaurants, salons, liquor stores, pharmacies, night clubs, retail stores, trucking companies, automotive garages and other small businesses that witness sales through credit cards can access quick working capital funding with the cash advance solution.


There is a great deal of flexibility with this financing model because repayments can be designed to synchronize with revenue inflows. Typically, a set percentage is taken from card sales and sent to the lending source. You can remit more if you have more card sales and remit less if you have fewer card sales.


Factors to Consider Like with any other financing solution, it’s important to research into the funding company’s reputation and reliability before making a commitment. One way to do this is by looking at Mantis Funding reviews online. It’s important to remember that no company is perfect and there will be some dissatisfied customers. By and large, Mantis Funding online reviews are favorable – an indication that you can trust this company.


Another thing to weigh is your ability to pay back. The cash advance can be the right solution for you if your business is profitable. But if your business is struggling to turn profitable, you may find it difficult to repay via future credit card sales. Are you ready to seek a cash advance? Submit an online application form right now and wait till Mantis Funding reviews your application!

Profile for Mantis Funding LLC

Mantis Funding - Leverage Future Card Sales to Obtain Working Capital Infusion Today  

Imagine this situation - your small business has steady sales and you need working capital funding for business expansion plans. You approac...

Mantis Funding - Leverage Future Card Sales to Obtain Working Capital Infusion Today  

Imagine this situation - your small business has steady sales and you need working capital funding for business expansion plans. You approac...

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