Operating Capital
Should your small or medium business wish to increase their operating capital or perhaps loan operating capital, CRS will be able to offer your small business a loan. Because CRS is different from traditional financial institutions in that they are more flexible and are able to offer loans to business to increase their operating capital. On your application, we take into account the type of business that you are in, as well as the purpose for which the operating capital 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 rigid when it comes to granting small business loans and CRS has a greater flexibility when reviewing past credit experiences, either negative or positive.

On your application for a small business loan to increase the operating capital of your small or medium business, CRS will take into account any past credit problems, which they feel can be defeated. This is factor as well as your current business strength; we further take into account future business trends of your business. 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”.

Once your have applied for funds intended for operating capital to start up your new business or fund an existing business, CRS undertakes to purchase Visa and MasterCard sales from your business. When CRS buys the Visa and MasterCard sales from your business, CRS deducts scheduled payments from the Visa and MasterCard sales. In this way 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.

An application for operating capital by way of a business loan is granted for a minimum amount of $5,000 and maximum amount being $200 000. Other qualifying criteria include an average monthly Visa and MasterCard sales for your business as well the strength and in same cases the creditworthiness of your new or existing business.

Once your business loan has been improved, your operating capital will be positively impacted immediately. CRS calculates a minimum daily payment amount required, as well as 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 operating capital has been positively impacted, the scheduled calculated deductions are performed automatically through the daily Visa and MasterCard sales.

In order to quality for a small business loan to increase the operating capital of your new or existing 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. However, in some instances this may be wavered if is eligibility is proven on past business experience.

The loan money intended for operating capital of your establishment will be electronically deposited into your business banking account, allowing your operating capital to increase immediately. 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 and no waiting for monthly statements.