We purchase businesses credit cards sales today at a discounted rate, typically 74 on the $1.

For example, say a merchant purchases a $75,000 advance for $100,000 at a 20% payback. That means, to get repaid, we take 20% of the merchant’s credit card processing receipts until the advance is paid in full.

We base the amount of the advance and the hold back percentage on a monthly average of their last 4 months worth of credit card sales. (Typically, we can produce up to 100%. 125% of their credit card sales in capital—for example, if a merchant processes $10,000 per month in credit cards, we can advance up to $12,500.)

In order to capture the transactions, we become the credit card processor—and will match current rates.