Business Cash Advances and Working Capital Loans Executive Summary

The following overviews are provided in this Executive Summary:

• Five reasons to consider a business cash advance based on credit card receivables factoring.
• Ten problems to avoid with business cash advances.
• Six criteria for securing a business cash advance and working capital financing up to $300,000.

• There is no need for collateral
• Credit card financing is available to virtually any business that accepts credit cards in their business transactions
• A business cash advance based on credit card factoring is one of the few viable options for reliably obtaining short-term business financing
• There should not be any up-front fees or closing costs
• Funds can be obtained very quickly

As noted below, there are a number of problems to be avoided with credit card financing programs.

• Collateral required
• Up-front fees
• Closing costs
• Financial Statements required regardless of business cash advance amount (Note: larger merchant cash advances can involve additional information such as financials)
• Fixed payments to pay off the business cash advance
• Fixed term to pay off the commercial financing
• High credit scores (frequently 680 to 700) required to qualify
• 12 to 24 months of $10,000 to $25,000 (or more) in credit card sales required
• Maximum business cash advance of $10,000 to $50,000
• 2-3 years or more in business required to qualify

• One year operating history as retail or service business
• Business accepts credit cards as a form of payment
• Ability to document credit card sales of $4000 or more per month for the last six months
• No open tax liens, judgments or bankruptcies
• Acceptable personal and business credit (minimum personal credit scores of 500)
• If leasing: at least one year remaining on lease and in good standing with landlord

It is not necessary to accept ANY of the 10 problems listed above in order to obtain a business cash advance based on future credit card sales. AEX Commercial Financing Group has eliminated ALL of these potential problems from the Working Capital Financing Program for their clients. Here is an overview of our commercial finance program:

• Business cash advances from $5000 to $300,000
• No up-front fees or closing costs
• No financials required for most situations (larger business cash advances will sometimes require additional information such as financials)
• No fixed payments (as goods and services are purchased, a small percentage of each credit card sale is collected from one of the processing banks)</