At Universal Processing, we are passionate about our clients’ success and know that working capital can sometimes be in short supply. So if you need capital to purchase more inventory and/or supplies in bulk at a discount, finance larger capital expenditures to grow your business, remodel your business premises or simply to provide a cash safety net for your business, we are here to help.
We provide a business loan to deserving and qualified small and mid-market clients to help them address their working capital needs. Our merchant financing is a unique commercial loan program that provides quick access to cost effective capital.
This financing platform offers many attractive benefits relative to competitive financing products in the marketplace today. We provide this alternative for businesses in good standing to access the capital needed to maintain and grow their operations.
Because we want our merchant clients to succeed, our loan is provided at a competitive fixed fee of 8 percent or 1.08 COD on an annual basis. This is extremely competitive when compared with the traditional annual cost of finance rates.
Depending on the size of your business, we can make available to you a lump sum that ranges between $10,000 and $200,000, with the maximum amount of advance accessible usually equal or less than your monthly credit card volume. Repayment is automatic and based on your credit and debit card receivables.
To qualify, you must have spent 2 years as a card accepting merchant, 18 months of which must have been spent as a Universal Processing client. You must also have a minimum annual CV of at least $50,000 in total card processing volume.
The process is very easy.
Step 1: Contact us for further details, to determine if you qualify. If you do, we will invite you to go through our very easy application process.
Step 2: Once approved, we will deposit the agreed-on amount directly into your bank account.
Step 3: Begin to pay bay back through withheld credit and debit card receivables.
Come on board, let’s give your business the push it need to grow.