Business Capital

Do you find that as a merchant you have plenty of revenue producing ideas yet not enough funds to finance the ventures?  There are ways to solve this problem and Worldwide Merchant Solutions Inc. can help.  Not only will we provide you with the financial options which you need to build business capital but we will also help you to get that money in your hands within 10 business days.  What you choose to use the funds for is endless.  However, here are some of the more common uses:

  • Advertising
  • Supplies
  • Payroll
  • Rent arrears
  • Expanding your business
  • Tax payments
  • Special events
  • Capital equipment

The following are some of the business capital options which are available to you through Worldwide Merchant Solutions Inc.

Merchant Advances:

Merchant advances are a merchant financing tool which allows business owners to acquire funds based on their dollar volume of credit card processing.  In other words, the amount that you receive will be based on how much money you make as a result of customers paying with their credit cards.  This is to ensure that both the lender will be paid back in a timely manner and the merchant will be able to do so.  The past credit card purchases act as an indicator regarding the likelihood that you will be able to pay the lender back.  Merchant advances also contain the following features/requirements:

  • Must have a credit score of 600 or better
  • Advances available from $15,000 to $150,000
  • Funds advanced within 10 business days
  • Merchant advance does not require you to switch processors
  • No income verification necessary
  • Will not appear on your personal credit report

    Worldwide Merchant Solutions Inc. can offer you merchant advance services to suit your individual business needs.  Just think of how much more you can achieve with a bit more funding in your hands. 

    Fixed Payment Advance:

    Another funding option offered by our company is a fixed payment advance.A fixed payment advance is funding advanced to you based on your total gross sales.Therefore, the money which you will be able to borrow is subject to how much you make as a business.This will help to tailor the correct amount of loan to fit your needs and make it possible to be paid back.Other features of the fixed payment advance include the following:  

    • Paid back in fixed, weekly increments from your business checking account
    • Terms range up to 52 weeks
    • Access to high amounts of advances
    • Keep your processing company
    • Tax deductible interest
    • Not reported on your personal credit

    This is a great option for merchants who may not have as high a credit card volume but have a good amount of revenue coming in on an annual basis. 

     Working Capital Loan:

    For those who may want a loan with a short term, Worldwide Merchant Solutions Inc. offers the working capital loan.  This merchant funding option is perfect for those merchants who find themselves in a financial bind or perhaps need some quick money in order to sponsor a specific event or purchase business-related products.  Features of the working capital loan include:

    • Pay back loan within 9-12 months
    • All owners with 20% or more interest in the business must have a credit score of 650 or better
    • Evidence of ownership for 2 or more years
    • Loan amounts range from $100,000 to $2,500,000
    • Fixed loan repayment via daily or weekly ACH
    • Owners credit status and business financial status determine rates on the loan

    At Worldwide Merchant Solutions Inc., we not only provide you with the various merchant funding options but also help you to decide which one is right for you and your company.  We will gladly review the merchant financing options with you and find one specifically tailored to suit your business needs. 

    To find out more about our business capital services and allow us to help you find the perfect merchant funding option, contact us today at (805) 857-5428 or via email at Sales@worldwidemsi.com