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Alternative Funding

Provided by BUZGate.org Small Business Resource Referral Network, content partner for the SME Toolkit.

Get the money you need when you need it - turn a percentage of future credit card sales into "in-hand" working capital today. Unlike a bank loan, funding is advanced based on projected credit card sales volumes and other business data. You pay only as you get paid.

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Educational Sponsor


Learn about...

Why Use Alternative Funding
How it Works
Benefits of Alternative Funding
How to Qualify
Businesses That Benefit

Real World Examples
Funding FAQs
10 Great Reasons
Where to Begin
About Your Sponsor    

                 

                 


                 


                 


                 


Why Use Alternative Funding

One of the main reasons most businesses fail is a lack of cash flow. Cash is the main resource for supporting growth and all too often, there isn't enough of it around to support activities that ensure growth and sustainability, such as:

*                 Increasing product offerings

*                 Adding seasonal merchandise

*                 Meeting unexpected maintenance or other business expenses

*                 Purchasing new equipment

*                 Buying a business or buying out a partner

*                 Implementing renovations

*                 Expanding your facility or adding new locations

Securing traditional bank financing may not be an option either because of a lack of sufficient collateral or other reasons. Under these conditions, allocating a portion of future credit card sales to receive needed working capital now can be an ideal solution.

>> Apply Online >> Contact AdvanceMe >> Call 1-800-293-3199 >> Business Resources

How it Works

To take advantage of Alternative Funding options, your business "sells" a fixed dollar amount of its future sales at a discount. This amount is then advanced to your business as working capital and satisfied over time as a fixed percentage of future sales.

>> Apply Online >> Contact AdvanceMe >> Call 1-800-293-3199 >> Business Resources

Benefits of Alternative Funding

In addition to the benefit of being able to obtain the working capital that you need to take advantage of current growth opportunities, using Alternative Funding also offers the following advantages:

*                 No fixed payments

*                 No fixed timeframe

*                 Complete process automation

*                 Pay only as you get paid

>> Apply Online >> Contact AdvanceMe >> Call 1-800-293-3199 >> Business Resources

How to Qualify

Using a convenient, automated interface to initiate the application process, your business can determine if it qualifies for Alternative Funding by providing the following information:

1.                How long you've been in business

2.                Evidence of a minimum monthly credit card sales volume of $3,000.00

3.                Additional minimum qualifying criteria

Use a convenient online application form to learn more or call Toll Free 800-293-3199.

>> Apply Online >> Contact AdvanceMe >> Call 1-800-293-3199 >> Business Resources

Businesses That Benefit

There are many types of businesses that benefit from using an Alternative Funding source to secure needed working capital. Restaurants, food and drinking establishments, as well as retail are popular fits and others include:

*                 Accounting

*                 Agriculture

*                 Architecture

*                 Automotive

*                 Construction

*                 Dental

*                 Energy

*                 Engineering

*                 Food & Beverage

*                 Hospitality & Travel

*                 Legal

*                 Manufacturing

*                 Real Estate

*                 Restaurants

*                 Retail

*                 Transportation

*                 Wholesale & Distribution

>> Apply Online >> Contact AdvanceMe >> Call 1-800-293-3199 >> Business Resources

Real World Examples

Read what past and current customers are saying about their experiences when using Alternative Funding sources.

>> Apply Online >> Contact AdvanceMe >> Call 1-800-293-3199 >> Business Resources

Funding FAQs

Select from any one of the following frequently asked questions to learn more about Alternative Funding options:

*                 Who generally qualifies for this kind of funding?

*                 How do I apply for the Alternative Funding program?

*                 Will my personal credit need to be reviewed?

*                 How soon can I get the money?

*                 What can I use the money for?

*                 Will 100% of my daily credit card sales be taken?

*                 What will happen to my other credit card receivables (like AmEx or Discover), or the revenue generated from cash/checks received during my Alternative Funding arrangement?

*                 When my Alternative Funding obligation to is satisfied, will percentage deductions from daily credit card sales stop?

*                 How often are Alternative Funding payments collected?

*                 Will I get a discount if I pay off early?

*                 With my original Alternative Funding obligation satisfied, can I receive additional funding?

*                 How much does this type of funding cost?

*                 How can I check on my account status?

>> Apply Online >> Contact AdvanceMe >> Call 1-800-293-3199 >> Business Resources

10 Great Reasons to Utilize Alternative Funding Sources

There are many great reasons for taking advantage of Alternative Funding sources:

1.                A viable alternative to traditional financing and SBA-backed business loans

2.                Once qualified, receive needed cash in as little as 10-14 business days

3.                Pay no application fee

4.                Incur no fixed repayment schedule

5.                Pay only as you get paid

6.                Use proceeds for a variety of purposes

7.                May qualify even if turned down for bank financing

8.                Minimum business and personal credit qualification criteria

9.                Fully automated process

10.             Secure money today to support additional revenues moving forward

>> Apply Online >> Contact AdvanceMe >> Call 1-800-293-3199 >> Business Resources

Where to Begin

Select from any one of the following options to learn more about qualifying:

                 Apply Online

                 Call toll free 1-800-293-3199

                 Contact AdvanceMe

About Your Sponsor


"AdvanceMe, Inc.(AMI) is the nation 's leading provider of alternative funding for small and mid-sized businesses. Thousands of businesses use AMI's financial services to power the growth of their business. Located in metro Atlanta, Georgia, AMI has a nationwide sales and customer care staff that has supported more than 14,000 businesses and over 100 franchise concepts."

 

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