Executive Summary: Business Cash Advance and Working Capital Options

The following key working capital issues are listed in this Executive Summary:

1. Five reasons to consider working capital financing based on credit card processing.
2. Ten problems to avoid with business cash advances.
3. Six criteria for securing merchant cash advances up to $300,000.

1. A business cash advance based on future credit card transactions is one of the few viable options for reliably obtaining short-term working capital
2. There should not be any up-front fees or closing costs
3. Working capital can be obtained very quickly
4. There is no need for collateral
5. This working capital approach is available to virtually any business that accepts credit cards in their business transactions

As noted below, there are a number of problems to be avoided with business cash advance programs.

1. Closing costs
2. Up-front fees
3. Collateral required
4. Several years in business required to qualify
5. Maximum business cash advance of $10,000 to $50,000
6. 12 to 24 months of $10,000 to $25,000 (or more) in credit card sales required
7. Financial Statements required regardless of business cash advance amount (Note: larger merchant cash advances can involve additional information such as financials)
8. Fixed payments to pay off the business cash advance
9. Fixed term to pay off the commercial financing
10. High credit scores (frequently 680 to 700) required to qualify

1. If leasing: in good standing with landlord and at least 1 year remaining on lease
2. One year operating history as retail or service business
3. Acceptable personal and business credit (minimum personal credit scores of 500)
4. Business accepts credit cards as a form of payment
5. Ability to document credit card sales of $4000 or more per month for the last six months
6. No open tax liens, judgments or bankruptcies

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 Business Cash Advance Program for their clients. Here is an overview of our working capital program:

1. Business cash advances from $5000 to $300,000
2. No collateral required
3. No up-front fees or closing costs
4. No financials required for most situations, although larger business cash advances will sometimes require additional information such as financials
5. No fixed payments - a small percentage of each credit card sale is collected from the processing bank as goods and services are purchased
6. No fixed period to pay off the business cash advance, although there is a minimum of 90 days
7. Easy 2-page application: AEX Commercial Financing Group can fax or email the application for its Business Cash Advance Program to you. This application will be requested only AFTER a discussion with AEX. Please note our policy provided below about avoiding the use of online business financing applications.

A borrower working with AEX will not be asked to submit an application until they have completed a detailed discussion with AEX confirming that working capital funding is feasible for their particular business situation.

There are numerous business funding sites that urge borrowers to complete an application before a business owner even has a conversation with a prospective lender. By completing an online business financing application, business owners would be submitting confidential business and personal information to a lender before they should.

AEX STRONGLY advises business owners NOT to complete an online financing application.

Please contact us directly for individualized assistance with commercial loans, business cash advances and commercial real estate financing.