amspcs
515 posts since
Oct 18, 2007
15.
Re: Merchant Loans - Are they any good? Apr 8, 2009 12:43 AM
in response to:
wilfin
Let's tell it like it is:
Is cc receivable funding cheap? No.(although all are not created equally. It pays to shop. That's
why we solicit proposals for our merchants from many sources, not just one).)
Is cc receivable funding a much better alternative to losing one's business when funds from less expensive sources are unavailalbe due to tough times, poor credit, or whatever? Yes, of course !
They are what they are. If other lending solutions are available, they should be sought out first obviously
If there are no other solutions, then they are a viable solution.
You can't generalize and blanket categorize something as good or bad. It all depends on the situation.
I know of many a business who is still IN business thank only to the CC receivable advance that allowed
them to survive and live to fight another day.
AMSPCS
amspcs@juno.com
www.MerchantServices-help.com.
