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If your company is seeking or has been rejected for a small business loan, an unsecured line of credit, unsecured business financing, or other short-term business financing to be used as “working capital” You may have heard of the Credit Card Receivable Financing (CCRF) – but you’re not quite sure what it is. CCRF is an alternative financing solution that many existing businesses are able to use when they do not qualify for traditional bank financing.
Credit Card Receivable Financing is a quick, easy and convenient way for working capital or short-term business loan for a business that accepts credit cards as payment for its products or services for at least the last six months. Unfortunately it is not available for start-up loans, start-up financing, new business loans.

However, many entrepreneurs still do not fully understand the difference between the Merchant Cash Advances (or cash advances) and Credit Card Receivable Financing. While both are known as a form of credit card receivables financing, the primary (and important) difference is a Merchant Cash Advance (MCA) is the actual “purchase” of your future credit card receivables at a discounted rate. In an attempt to avoid any type of business loan, unsecured business credit, or corporate finance many new small business owners will try to secure for CCRF qualify as a result of the savings benefits it provides. With CCRF as payments from the entrepreneur can certainly make such payments, an unsecured business loan, be reported to credit rating agencies, so that a history of the reimbursement is made. This may improve the credit score and may help in future bank loan applications. With both MCA CCRF and the amount of funding you receive depends on your monthly credit card sales. And funding typically ranges between 100 to 150% of your monthly credit card sales average. Remember, this unsecured business loan is a short-term working capital so do not expect a 36 or 60 months payment.

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