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Financing |
Home » Financing
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Use the menu below to select a financing topic and learn more.
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Credit Card Receivable Financing (CCRF)
CCRF is a short-term working capital "Loan" for Visa/MC merchants. Loan amount is based on the merchant's previous 6 month average (12 months if the business is seasonal) monthly sales volume on Visa/MC. Typical loan amount is 70% - 100% of the monthly average. Typical term is 6 months.
Loan is amortized by an automatic daily payment based on the merchant's Visa/MC sales. Typical daily payment % is 15% - 20%. Merchant has the option of using a fixed daily payment instead of % of daily sales. |
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