#3 – Flex Funding

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ADVANTAGES:  The “cost of money” is substantially cheaper than many/most competitors because the terms generally stretch out over a longer period of time.  This makes the “split percentage” come down lower,  alleviating a cash flow issue, and thus the Flex Fund program really differentiates itself from the rest of the pack!

If a merchant is performing up to par they may also be eligible for Flex Funds (a version of a business line-of-credit).

A merchant is approved for a set dollar amount and once they have paid the factor off (cost) they would then be eligible for more money up to the funded amount.

Example:  Client Borrows $30,000.00 @ a 1.20 factor (total pay back 30,000 X 1.20= $36,000.00)

Once he pays 5,000 below the funded amount making his balance $25,000.00 they could then be eligible for additional funds up to $30,000.00.  Our competitors generally make clients pay down to more than 60% of their balance before they consider a “re-up.”

Even if they do a re-up they would then issue the client an additional $30,000.00 dollar advance but make them pay off the difference of the old balance and letting them keep the net proceeds.

Now they made a deal turn in 4 months that should have turned in 6 (sounds great for the funding company but bad for the client).  We rarely if ever do this.   This way the clients have the knowledge that they can come back to us even with a high balance and get additional monies if something comes up.

Our Funding Advantages:

• Funding Based on Revenue – Not Credit Score
• No Personal Liability
• Fast Cash
• Less Paper Work
• Individual Relationships
• Short Term Debt
• Customized Terms

Merchant Funding is useful for: