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   CCRF Eligibility   To apply for CCRF, the borrower must either be a Corporation, Limited Liability Company or Limited Liability Partnership (not the same as a Limited Partnership) formed and operating in the USA.   The borrower must have been in business for a minimum of 12 months and have minimum of 6 month credit card processing history.   Owners must have a social security number. If the owner is not a US citizen, we must see the copy of the owner's permanent resident alien card (a.k.a., Green card) or Visa (in the passport) & I-94 page on his/her passport.   We cannot make personal loans under any circumstances.   Eating/drinking establishments, i.e. restaurants, bars, taverns, etc, are the best candidates for CCRF because; 1) 60 - 70% of their revenue is generated via VS/MC, 2) Traditional lending sources do not like the restaurant industry, 3) their gross margin is usually high enough to absorb the daily payment.   Retail, automotive repair, full service spas, dentists, cosmetic surgeons are also a good source of new deals.   We consider internet merchants, furniture stores & gas stations a high risk.   We currently cannot work with adult industry businesses.             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.