Cash Advance Program
Business Working Capital!
PPS Capital (a division of Pinnacle Payment Solutions) uses a business asset that is unrecognized by traditional financial institutions – a steady stream of electronic sale transactions – to determine the financial viability of a business. PPS Capital Cash Advances are based on the predictability of a company’s future electronic sale transactions. These advances vary in size between $10,000 and $350,000.
How it Works
How it Works PPS Capital’s Cash Advance Program is a purchase of a fixed amount of the businesses future electronic sale transactions at a small discount. In turn, the business is provided a lump sum of working capital. The advance is then paid back with a predetermined percentage of each future electronic sale transaction. Typically the predetermined percentage is calculated so the advance will take between 6 – 12 month to repay. Traditional funding options for the small to medium sized business are almost nonexistent in today’s credit crunch economy. PPS Capital’s Cash Advance Program is a perfect match for the established and expanding businesses that prefer a funding option that aligns with their cash flow.
Why PPS Capital?
- No application fees
- Approval in as little as 24 hrs
- 90% Approval Rate
- No Fixed Payment Schedule
- Unsecured Business Funding
- No Collateral Needed
- No Personal Guarantee required
- No Cancellation Fees
- No Long-term Contracts
- Programs that are not dependant on personal credit
Qualifying Requirements -
- Business must be operating for at least 6 months.
- Business cannot be home based or internet only (must have retail location).
- Business must have gross sales of at least $250,000 annually.
