What Is Merchant Funding?

Merchant funding is a means by where a merchant can receive a lump sum of cash in a short amount of time by selling his future credit card receivables to a merchant funding company.  Merchant funding is private lending, and there is no collateral involved.  A merchant must process credit cards in order to apply for merchant funding.  The merchant pays no interest on the funding, but rather a factored rate.  He knows exactly how much he has to pay back on the funded amount.  The merchant funding company takes a percentage of the credit card receivables until the amount is paid back.

To apply for merchant funding click here!

To read more about merchant funding click here!

To read more about processing credit cards click here!