What are the Requirements for a Credit Card Sales Loan?

The requirements for receiving a credit card sales loan are so simple that you can virtually determine whether you are eligible to receive one on your own. Use the following checklist to find out if you qualify for a credit card sales advance.

  • My business processes at least $3,500 in monthly credit card sales
  • I have owned my business for at least six months
  • There is one year or more remaining on my business lease
  • I have no unresolved bankruptcies

Since a credit card sales loan is an advance on your business’s future credit card sales, it is obviously very important that your business process credit card sales in order to qualify. If your business does not process credit card sales, we can set you up with credit card processing, enabling you to get an advance in the future.

Restaurants, salons, auto-repair shops, convenience stores, floral shops, franchises and many more, are all businesses that have benefited from credit card sales loans.

You do not need to have an excellent credit score to qualify for a credit card sales advance, nor do you need collateral, because the advances are completely unsecured.

If you meet all of the requirements mentioned above, complete our online application and a funding specialist will let you know how much money you can receive.