SAN DIEGO, CA. – January 1, 2009 - Coastal Credit Solutions, Inc., an industry leader in consumer financial matchmaking has announced today that it has added a new service for businesses called, Business Cash Advance.
Coastal's Business Cash Advance program is a new and easy way for businesses to find funding for their everyday operations. Coastal funds this program by purchasing a portion of a business’s future credit card sales and advancing those funds up-front. The business can receive anywhere from $10,000 to $200,000 in as little as 3 days with no application, broker or other up-front fees and paperwork. The business can then use the money without restriction, which allows for freedom and peace of mind when managing their day to day finances.
Re-payment is simple. Generally, the funds are paid directly out of the daily credit card sales from the credit card processor or other collection methods until paid in full. The funds are typically collected over a period ranging anywhere between 5-12 months.
"Over the past few months most banks have tightened their lending guidelines and many businesses are left vulnerable to bankruptcy. Coastal Credit Solutions' Business Cash Advance program will assist businesses with short term bridge financing. It's a great alternative to boost a small business’ working capital when traditional lenders decline." Says company CEO Antony Murigu.
Coastal Credit Solutions, Inc. operates a financial market place that matches Consumers and Businesses with debt eliminating and/or alternative financing service providers. If you have over $5,000 personal or business credit card debt or are seeking small business financing, please call us 866-205-8370 for a FREE no obligation consultation.
If you have any questions or comments regarding this article
please contact Coastal News Contributor at news@coastalcreditsolutions.com |
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