Success By Design Capital

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Retailers, Restaurant Owners & Service Businesses

We Have "Unique Funding For Retailers, Restaurant Owners & Service Businesses"

Success By Design Capital
 provides a unique funding service to assist restaurant owners, retailers or businesses of a service nature. These types of businesses can now use their assets; their customers, to obtain the working capital needed to grow their business.

 

We assist clients who need cash advances; the client can arrange to use a portion of each of his future cash streams from credit card sales as a means of automated repayment.

 

In essence, cash is advanced to the business, and an automated system is set up to repay the cash advance through a portion of withholdings from credit card transactions – repaying a portion of the cash advance each time a customer makes a purchase.

 

The retailer qualifies for an amount based upon your average credit card volume and your past business history. Our affiliate then collects a small percentage of each credit card transaction through bank processing. There is a minimum payback term of 90 days and merchants can take up to 6 months to pay off the entire advance.

 

The benefits of the cash advance program are as follows:

  • No Upfront Fees or Closing Costs.
  • Easy Payback Process – No Fixed Payments
  • Fast Funding, In As Little As 10 Days
  • Approvals In As Little As 24 Hours
  • Builds Business Credit
  • No Financial Required

You may need to change credit card processors to a preferred processor that will meet or exceed your present processing rates. The transition will be seamless.

 

Pre-approval is within 24-48 hours. Funding usually takes 5 business days once the required documents are received.


We can provide you with a simple application that would need to be completed to initiate the process, or you may simply click  "Apply Now" to apply online, here on our website; or at the bottom of this page just click "Apply Now." If you prefer, you may always contact us and  we can email, mail or fax an application to you. Either way, simply complete the application online or send  the application back to us through email, mail or fax. Our fax number is 813-684-1463 and our email address is SuccessByDesign@veriaon.net. Submitting online, at the bottom of this page expedites the process.

 

The following is a list the qualifications for a potential client to qualify for our cash advance program. 

Qualifications Are:

 1.1  Restaurant or Retail Business

           1.2  At least 1-year in business

           1.3  Accepts VISA/MasterCard as a form of payment

1.4     Can provide processing statements for the previous 6-months of at least $4,000 per Month in VISA/MASTER Card 

1.5     Can provide 6-months of bank statements with consistent balances (only necessary to achieve larger advances)

           1.6  Acceptable personal and business credit

           1.7  Has no open tax liens, judgments or bankruptcies
           1.8  In good standing with property leaser with at least 
                 one year remaining on the lease

 

To initiate the process, simply complete an application Online or obtain one from us and return it to us.  Provide us with any of the following; you may have via  fax at 813-684-1463, make certain to include the application. 

The following information will be required by our funding Advisor when you are contacted:
 
*
Complete Bank Statements for 6 recent months. We need to see the summary section as   well as the breakdown all daily deposits.

* Complete Merchant / Processing (V/MC) Statements for 6 recent months.

 

* Copy of Articles of Inc. (Corp.) or Business License (SP)

 

* Copy of the lease agreement – please also include the landlord's name, telephone number and fax number.

 

* Copy of Driver's License

 

* Copy of Voided Check

 

** Vendor References – Name, tel and fax numbers of businesses that extend credit terms to your businesses. NOTE:  The collection of the this data is only necessary if you want to help speed things along.  It is not mandatory that you provide the information indicated with double asterisks, **.


Our goal is to help small business owners be positioned to receive from $3000 to $125,000 in 14 days or less. This unique funding provides funds for things such as:

  • Inventory
  • Advertising
  • Expansion
  • Renovations
  • Equipment
  • Taxes
  • Working Capital
  • Emergencies

QUESTIONS AND ANSWERS:

What is a CASH ADVANCE?
A Cash Advance provides small business owners with the ability to raise needed capital. We facilitate Cash Advances by purchasing a predetermined amount of the business's sales volume sold through your credit cards merchant account.

How long will I have to wait to find out if I have been approved for a cash advance?
Pre-approval is usually obtained within 24-48 hours. Funding usually takes 1-3 weeks depending on the amount of the transaction and the time it takes to get the necessary documents required to fund.

How much can I qualify for?
Their average credit card volume will qualify them for $3,000 to $125,000.

How do you determine the size of the cash advance I qualify for?
The amount of receipts purchased is determined by your average credit card volume over a 90-120 day period. We encourage you to provide any documentation, (bank statements, sales tax receipts) that supports total sales volume in order to be approved for the highest amount possible. You will receive the largest amount based upon the documentation provided and our affiliate funding source then decides how much they would like to accept. If you choose not to take the entire approved amount on the first funding, the funding source may contact us anytime to request the unused portion.

How do I repay my cash advance?
Our affiliate funding source collects a small percentage of each credit card transaction through bank processing. There is a minimum payback term of 30-days but you can make monthly payments of up to 6 months if you need a longer term.


Will I receive the same low rates as my existing credit card processing account?
Yes, we will match current processing rates.


Below Are The Qualifications:

  • Restaurant or Retail or Service Business
  • At least 1-year in business
  • Accepts credit cards as a form of payment
  • Provide processing statements for the previous 6-months of at least $4,000 per month in credit card sales
  • Provide 6-months of bank statements with consistent balances for higher approval amounts
  • Acceptable personal and business credit (may have as low as 500 personal credit)
  • Has no open tax liens, judgments or bankruptcies
  • Is in good standing with landlord with at least one year remaining on their lease

Fee's
The fee can range from 1.25 to 1.45 and is based upon: credit worthiness, length of time in business, length of lease, monthly credit card volume, average monthly sales volume and past business history.

What are the benefits for you?

  • The program is simple!
  • Funding can occur in as little as 10-days
  • Easy payback terms and conditions
  • Can include all fees in cost of goods
  • Available funding for opportunistic buys
  • Tax deductible
  • Improves cash flow
  • Builds business credit
  • Increases open to buy for retailers
  • No need to markdown inventory to raise cash for new inventory
  • May receive additional funding for other purposes upon requests

    You may apply now buy clicking here:  Apply Now

                                                       

     

    Contact Us Today

    Success By Design Capital
       

Telephone: 813-661-2201; Toll Free: 877-813-5578
Facsimile: 813-684-1463; Email: ASuccessbydesign@verizon.net

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