| If you own an existing business and are in need of quick capital
in order to help your business grow then this section may be of
particular interest to you. Credit Card Processing Services works
with a leasing specialist who can secure money for you to purchase
some of those higher ticket items that you are not in a position
to spend the cash for right away, or do not want to go or are
unable to go to your bank to make this investment.
This program is not for small ticket items like a credit
card terminal. Rather it is for when you want to borrow money
for hard asset capital items such as a new POS system, a new
oven for your restaurant’s kitchen, all new display cases
for your retail store, a new phone system for your offices,
etc. The range of the transaction that this program is available
for is between $20,000 and $125,000+.
Our leasing partner is actively seeking to provide money to
merchants who have in the past (at least over a year ago) borrowed,
financed, or leased approximately 50 % - 75 % of what you are
now seeking. So for example if you now need to borrow $50,000
then your credit history should show that you have been responsible
in a previous loan of at least $25,000 to $37,500. The application
is only one page, takes about 10 minutes to complete, and you
will receive an answer in about a day. No sweating it out like
a regular bank loan application.
Here are the reasonable leasing factors:
---------- $1.00 Buy-Out ----------
| Transaction
Size |
24
Months |
36
Months |
48
Months |
60 Months |
$20,000 - $35,000 |
.04730 |
.03310 |
.02600 |
.02167 |
$35,001 - $75,000 |
.04690 |
.03270 |
.02561 |
.02140 |
$75,001 - $125,000 |
.04651 |
.03240 |
.02538 |
.02125 |
- First & Last Payment Due at Lease Signing.
---------- 10 % Purchase ----------
| Transaction
Size |
24
Months |
36
Months |
48
Months |
60 Months |
$20,000 - $35,000 |
.04346 |
.03061 |
.02430 |
.02040 |
$35,001 - $75,000 |
.04290 |
.03020 |
.02379 |
.02009 |
$75,001 - $125,000 |
.04299 |
.03015 |
.02365 |
.01995 |
- First & Last Payment Due at Lease Signing
Now that you have the reasonable leasing factors you are probably
trying to determine how much this will cost you on a monthly
basis. This is very easy to figure out. Simply determine the
amount you want to borrow, multiply it times the lease factor,
and that will be your monthly payment. So for example with the
$1.00 buyout option if you need $25,000 and want to pay it off
in 4 years then you would multiply that amount by .02600 which
would give you a monthly payment of $650.00. That means that
your total payments would be $31,201 over the 48 months for
you to purchase that needed capital improvement this week. Think
of the extra revenue possibilities you will have by not putting
off your purchase for the future.
Once you are ready to proceed please complete the following
basic information which we will hold in the strictest confidence.
We will then email or fax to you the one page application.
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