|
Cash Flow Factoring
At CRS we have methods available which will increase you cash flow factoring in a positive way. If you are looking at means available which will increase cash for fro your small to medium business, CRS will probably be able to help you by offering loans to your small business. CRS differs from traditional financial institutions and they are able to offer business loans with far less hassle and red tape. At CRS we tend to be more flexible than regular or conventional financial institutions. On your application, we take into account the type of business that you are in, as well as the purpose for which the funds will be used for and in some cases; we assess the credit history of the business or the owners of the business. However, CRS is not as inflexible when it comes to granting small business loans and CRS has a greater flexibility when reviewing past credit experiences, good or bad. On approval of our small business loans, these allow you to improve cash flow factoring for your small business.
On your application for a small business loan which is intended to increase your cash flow factoring, CRS will take into account any past credit problems, which they feel can be conquered, as well as the current business strength is accompanied by a strong probability of continuing healthy business trends. Please be aware that CRS is not a lender, CRS works on the principle of buying future sales of your business, which is often referred to as “future receivables”.
On approval of your application for improving cash flow factoring within your small enterprise, CRS purchases Visa and MasterCard sales from your business. When CRS buys the Visa and MasterCard sales from your business, CRS slowly deducts scheduled payments from the Visa and MasterCard sales made. Through this method there are no monthly billing statement, no invoices and no payment coupons for your business to review. The transactions as well as repayments are done automatically and therefore allowing the small business to operate without the added hassle of writing out checks or worrying about monthly bills and in turn create a positive effect for cash flow factoring within the small business.
The minimum amount for a small business loan is $5,000 while the maximum amount is $200 000, which will have a positive impact on your cash flow factoring for your small or medium business. The amount that CRS will fund your business is largely dependant upon the average monthly Visa and MasterCard sales for your business; the funding amount is also determined by the strength as well as creditworthiness of your business.
Once your application for your business loan has been approved, and your cash flow factoring has vastly increased, CRS calculates a minimum daily payment amount required. CRS determines the original purchase price, 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 repayment to CRS. Once your business is funded, these calculated deductions are done automatically from the daily Visa and MasterCard sales.
To quality for a business loan to increase cash flow factoring of your business, a minimum amount of $3000 Visa or MasterCard sales per month are necessary. This required criteria, as well as proof that your business has been established for at least six months. This may be wavered if is eligibility is proven on past business experience.
After approval has been granted on your small business loan, the requested money will be electronically deposited into your business banking account, allowing your cash flow factoring position of your business to be increased instantaneously.
|