COMMERCIAL CAPITAL WORLDWIDE FUNDING
FAST MONEY!!!
  • ABOUT US
  • BUSINESS LINE OF CREDIT AND INVOICE FINANCING
  • BUSINESS TERM BANK STATEMENT LOANS
    • FREQUENTLY ASKED QUESTIONS
  • No Credit Required!!! Merchant's In -House Financing Program
    • FREQUENTLY ASKED QUESTIONS
    • INDUSTRIES
  • SMALL BUSINESS LOANS
  • REVENUE BUSINESS LOAN
    • WHAT DO WE SELL?
    • SUBMISSION GUIDELINES
    • FREQUENTLY ASKED QUESTIONS
  • HARD MONEY LENDER
  • LAWSUIT FUNDING
  • MERCHANT SERVICES
  • STRUCTURED SETTLEMENTS
  • SERVICES
    • CONTACT INFORMATION

NO CREDIT REQUIRED!!! MERCHANT IN-HOUSE FINANCING PROGRAM


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Service One

No Credit Required!!! In House-Financing Program
 
Up to $3,500 Upfront to Merchant!
 
      3, 6, 9 &12  Month Terms
 
                   We offer A
        NO CREDIT REQUIRED

     In-House Payment Program
 
  • Offer your clients up to $ 3,500 at no risk to you, received your money immediately as the merchant
  • Your clients will be able to get the service they need today and spread payments over an extended period of time!
  • We guarantee your clients’ payment to your practice
 
All Your Client Needs:
 
  • ID: Military/State ID
  • Source of  Income
  • Qualifying checking account
 
Why should you consider NO CREDIT REQUIRED!! IN-HOUSE FINANCING PROGRAM? When a customer is approved for a lease or credit based loan the actual amount they are approved for is the total of the payments they will make, not the amount of the purchase. In leasing or rent to own the total of payments is often 180% the sale price. For that $1000.00 item you sold the customer they pay $1800.00 and the lender is pocketing $800.00. Subtract your cost for the item and you may end up on the short end of the stick. Credit cards and personal loans aren't much better. That $1000.00 sale is discounted immediately to you for about 1.8% in that month. Month on month and it becomes an annual rate of 21.6% you pay plus the additional 20% or more compound interest the customer pays. That makes the total of payments about $1400.00. Subtract your cost for the item and you might be on par with the lender who-doesn't-have-your-overhead-expenses.

NO CREDIT REQUIRED!! IN-HOUSE FINANCING PROGRAM does not charge the customer interest. The store is charged a guarantee rate of no more than 15% on annual sales which can be rolled back into the price of the item. The rate is fixed so the total percentage for the year is 15%. At 15% you get a bigger slice of the approved amount. The $1800.00 approved amount on a potential lease results in about $1550.00 to you with NO CREDIT!! IN-HOUSE FINANCING PROGRAM. The $1400.00 credit card transaction nets more than a $1000.00. There is one requirement. The customer has to be able to make the payments.  Our NO CREDIT!! IN-HOUSE FINANCING PROGRAM isn't for the typical "no credit check" consumer who's in constant default. We don't check credit but we do verify ability to pay. Most responsible people qualify and it's not strictly a matter of income. It's how people manage their money that counts.


BENEFIT TO THE BUSINESS OWNER:

Focus on selling and building customer long-term relationships without turning away good sales or dealing with the headaches involved in collections.
  • Increase Floor Traffic
  • Increase Average Ticket Price
  • Increase Cash Flow
  • Close Sales Today
  • Increase Customer Loyalty
  • Increase Profits
  • Advertise "No Credit Needed"!

The first approval level is FastTrack which is similar to traditional lending in that the merchant is paid up front and the company collects the payments from the customer. The second level is called G code which means the merchant gets paid as the customer makes the payments. On both of these we charge the merchant the percent per item signed up at. This rate can be passed on as a cost to the customer as a “plan fee”. In most cases it's 15%. A $1000.00 sale will cost the customer $1185.00 at most. $150.00 is for the plan fee passed on and $35.00  the company charges the customer for the  fee. The third level is V code. With this we do not charge the store a percent per item. The cost is usually about 50 cents a payment regardless the amount. However, the store can still add a 15% plan fee to the sale and collect it for them self doing their own in house financing. The store has the option to pick which of the three to use if all are available for the customer.
 
The merchant will process the sale on their computer or POS terminal and print the Customer agreement which gives the terms and amounts the customer is going to pay. It's signed by the customer and merchant and sent to along with a copy of the customer's driver license to finalize the sale. The company sends the store an e-mail and fax letting them know the sale has been accepted with funding after that.
 
Requirements/Limits
 
1.  Income
 
Customer Income is a factor with all sales. NO CREDIT REQUIRED!! IN-HOUSE FINANCING PROGRAM is designed to ensure the  merchant is paid for the sales they run with minimal possibility of default. The income can be from the individual or a husband and wife combined. Income from other family members may NOT be included. Income must be from the end user.
 
2. Payment Amounts
 
The individual customer payment amounts during the sale process will vary over time. The down payment amount is usually between 10 to 25%. It’s 10% for 3 month sales and 25% for 12 months in most cases. The subsequent payments are on a decreasing basis using our Velocity processing matrix. It’s designed to minimize risk by having individual amounts decline over time.
 
3. Approval Status
 
The approval code given on the Customer agreement is preliminary.  The merchant will receive the final approval notice from the company in an e-mail or fax after we’ve received all documents requested. In most cases the final approval is sent within 5 second in real time.
 



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Service Two

BENEFIT TO THE BUSINESS OWNER:

Focus on selling and building customer long-term relationships without turning away good sales or dealing with the headaches involved in collections.
  • Increase Floor Traffic
  • Increase Average Ticket Price
  • Increase Cash Flow
  • Close Sales Today
  • Increase Customer Loyalty
  • Increase Profits
  • Advertise "No Credit Needed"!


The first approval level is FastTrack which is similar to traditional lending in that the merchant is paid up front and the company collects the payments from the customer. The second level is called G code which means the merchant gets paid as the customer makes the payments. On both of these we charge the merchant the percent per item signed up at. This rate can be passed on as a cost to the customer as a “plan fee”. In most cases it's 15%. A $1000.00 sale will cost the customer $1185.00 at most. $150.00 is for the plan fee passed on and $35.00  the company charges the customer for the  fee. The third level is V code. With this we do not charge the store a percent per item. The cost is usually about 50 cents a payment regardless the amount. However, the store can still add a 15% plan fee to the sale and collect it for them self doing their own in house financing. The store has the option to pick which of the three to use if all are available for the customer.
 

The merchant will process the sale on their computer or POS terminal and print the Customer agreement which gives the terms and amounts the customer is going to pay. It's signed by the customer and merchant and sent to along with a copy of the customer's driver license to finalize the sale. The company sends the store an e-mail and fax letting them know the sale has been accepted with funding after that. 
 
Requirements/Limits
 
1.  Income
 
Customer Income is a factor with all sales. NO CREDIT REQUIRED!! IN-HOUSE FINANCING PROGRAM is designed to ensure the  merchant is paid for the sales they run with minimal possibility of default. The income can be from the individual or a husband and wife combined. Income from other family members may NOT be included. Income must be from the end user.
 
2. Payment Amounts
 
The individual customer payment amounts during the sale process will vary over time. The down payment amount is usually between 10 to 25%. It’s 10% for 3 month sales and 25% for 12 months in most cases. The subsequent payments are on a decreasing basis using our Velocity processing matrix. It’s designed to minimize risk by having individual amounts decline over time. 
 
3. Approval Status
 
The approval code given on the Customer agreement is preliminary.  The merchant will receive the final approval notice from the company in an e-mail or fax after we’ve received all documents requested. In most cases the final approval is sent within 5 second in real time. 
 
Returns
 
A return is a dishonored customer payment. To be paid by the  company (covered) it has to meet certain criteria. The store is allotted up to a 15% monetary return rate on non-customer initiated defaults. That means the store can have up to 15% of the value of their sales default before being impacted. If the customer forcibly defaults by placing a stop pay of one sort or another those aren't covered and will unwind any approval better than a V code. If the first payment on any sale bounces the approval code on the sale is reassigned to a V code with no rate being charged and isn't covered. In most cases a covered return results in no action to the store. We usually have what we need in the way of documentation. Refer to the merchant's contact for more details on how merchant reimbursement takes place.
 
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Service Three

    BUSINESS TYPES   
 
Furniture;Auto_Repair;Transmission_Repair-Appliance_Stores(New/Used); Cell Phone dealers; Dental Offices; Medical practices; Fertility Clinics; Plastic surgeons; Lawn Equipment; Plumbers; Contractors; Roofers; Electricians; Roto-Rooter type service Consumer Electronics; Computer Store; Computer repair Attorneys; Musical Instrument sales; Office equipment sales; Landlords/Apartments; Heavy Equipment rentals; Mattress Sales; Tree/Plant sales; Wedding Dress dealers; Pool table sales; Sporting goods
 
Restricted Business Types
 
The following are business types that are either unacceptable or restricted as noted.
 
Unacceptable
 
Gaming; Pawn Shops; Payday Loan; Collection Agencies; Loan Modification; Bankruptcy/Criminal Lawyers; Drug paraphernalia; Multi-Level Marketing; Personal/Self-development;Consultants; Seminars; Any sort of loan brokerage.
 

Limited Acceptance
(case by case)
 
Bail Bonds; Jewelry-(under 1000 avg ticket) No FastTrack; Car Sales; (Lender must be aware of payment plan); Travel/Tourism; .

Returns
 
A return is a dishonored customer payment. To be paid by the  company (covered) it has to meet certain criteria. The store is allotted up to a 15% monetary return rate on non-customer initiated defaults. That means the store can have up to 15% of the value of their sales default before being impacted. If the customer forcibly defaults by placing a stop pay of one sort or another those aren't covered and will unwind any approval better than a V code. If the first payment on any sale bounces the approval code on the sale is reassigned to a V code with no rate being charged and isn't covered. In most cases a covered return results in no action to the store. We usually have what we need in the way of documentation. Refer to the merchant's contact for more details on how merchant reimbursement takes place.
 


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