Financing Home » Financing   Use the menu below to select a financing topic and learn more.   Credit Card Receivable Financing Cost-of-Capital / Finance Charge Two CCRF Products, Regular Rate or Lower Rate CCRF Availability Payment Procedures Typical Payment Transaction Flow CCRF Eligibility General Underwriting Guideline for CCRF Loan Re-Up Daily Payment Percentage Applicable Fees From Application to Funding: Step-by-Step   Payment Procedures   CCRF is paid back automatically. AML initiates an ACH to the business checking account based on the amount of Visa/MC sales and the agreed upon payment percentage. It means that the 100% of the merchant's settlement is deposited to the merchant, and AML debits the merchant's account for the daily payment (usually on the same day of the settlement deposit). Therefore, it is very important that the merchant leaves enough balance in the bank account to cover AML's payment. AML charges the borrower for the same amount AML gets charged by its bank for bounced payment. Currently, it is $10 per NSF returns.   This means that the merchant statement will be completely free of any loan related activities. All loan related transactions will only show up on the merchant's bank account.             Please Select Loan Application Financing Web Site Related       Apply Now | Cost Comparison | Payment Estimator | Financing | Testimonials | Press | Franchises | Brokers/Finders | Cash Advance | Unsecure Loans Login | About Us | Mailing List | Web Links | Associations | Contact | Help | Security | Privacy | Site Map © 2010 American Microloan, LLC | All rights reserved.