NewswireToday - /newswire/ -
Kansas City, MO, United States, 2007/06/14 - Kansas City based Business Capital Corporation offers a cash advance program to qualified businesses in need of funds based on their future credit card transactions - BusCapCorp.com.
The business receives funding for their business needs, by selling a portion of its future credit card transactions for a five to twelve month period.
Many small businesses run into cash flow trouble, which according to the Small Business Administration “Inadequate or ill-timed financing is a major reason for small business failure.” The cash advance program is designed to help businesses through this time.
Their clients call this process “painless” funding. A business in need of cash contacts Business Capital Corporation for funding, and fills out an online application. AdvanceMe, the arm that powers the merchant cash advance, determines the estimated maximum cash advance based on credit card transaction history. They factor the funding for the business, and deposit the amount into the business’ account to use at their discretion. A portion of the purchased future receivables is deducted from Visa/MasterCard sales until the amount purchased is achieved.
About Business Capital Corporation
Business Capital Corporation (buscapcorp.com), established in 2001, offers a cash advance program which provides qualified merchants ready access to capital for their business needs. They are a leader in merchant-focused cash management services.
These services include cash advances, fund management, vendor payments and check services. They are part of the BCC family of companies (bccenterprises.com) based in Kansas City, MO.
BCC member companies include Bank Card Central, VirtualTrak Technologies, Silver Stream Marketing, and Business Capital Corporation. BCC Enterprises is a group of independent companies offering electronic payment solutions and value-added business services.