small business cash advance
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Two CCRF Products, Regular Rate or Lower Rate
Regular rate program typically costs $1,200* per $10,000 borrowed over six months. As a rule of thumb, the shorter the term, the lower the interest amount. The Lower rate program typically costs $600 to $900* per $10,000 borrowed over six months. The lower rate program is offered only in the following states: MI, NY, OH, MO, and TX.
* We have made the following assumptions when we projected the interest amount; 1) The total monthly VS/MC sales amount will be exactly same as the average monthly balance for the life of the loan, 2) Daily VS/MC sales amount is exactly the same adding up to the total monthly sales amount.
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