Alternative Funding Sources for Businesses
If you are seeking alternative funding sources for businesses and have tried traditional financial institutions, and have been turned away, CRS may be of assistance to you. Due to the fact that CRS operates differently from conventional financial institutions in that they are able to offer business loans with far more flexibility. At CRS we tend to be more sympathetic than regular or conventional financial establishments and offer alternative funding sources for businesses. CRS loos at the type of business that is operational, in addition to the purpose for which the funds will be used for and in some cases the credit history of the business or owners of the business. CRS is not as inflexible and are therefore able to offer alternative funding sources for businesses.

On conceding to business loans, CRS takes into account the bigger picture and if we feel that past credit problems can be defeated or that the current business strength is accompanied by a strong probability of continuing healthy business trends, we are able to provide you with alternative funding sources for businesses. However, CRS is not a lender and works on the principle of buying future sales of your business, which is often referred to as “future receivables”, which is how we are able to offer alternative funding sources for businesses.

By working on the principle of future receivable, CRS purchases Visa and MasterCard sales from your business. Through this principle CRS buys the Visa and MasterCard sales from your business, and slowly deducts planned payments from the Visa and MasterCard sales of your business. Through this effective method, there are no monthly billing statements, no invoices and no payment coupons for your business to review and this method has proved to be effective in offering alternative funding sources for businesses, albeit new or existing businesses. The transactions as well as repayments are carried out automatically and therefore allowing the business to operate without the added hassle of writing out checks or worrying about monthly bills.

Through their innovative principles and the ability to offer alternative funding sources for business, CRS then calculates a daily payment amount required. The original purchase price is determined and total amount to be purchased and estimated payment period, in order to calculate the amount of daily Visa and MasterCard sales to be deducted for settlement to CRS for repayment of your business loan. Once your business if funded via CRS' alternative funding sources for businesses, these calculated deductions are done automatically from the daily Visa and MasterCard sales of your business.

In order to take advantage of our alternative funding sources for business, a minimum amount of $3000 Visa or MasterCard sales per month is required. This criteria is compulsory, together with proof that your business has been established for at least six month, however you may be eligible should you have the required previous experience.

Once approval has been granted on your business loan, the requested money will be directly deposited through electronic means into your business banking account. By implementing our alternative funding sources for businesses, each time a customer pays for a product or a service which your business has rendered, a small percentage if set aside, it is with this set aside percentage that goes towards paying off your cash advance. There are no bills, no fuss and no dreaded monthly statements.