Business Capital Corporation Announces Partnership with AdvanceMe to Provide Businesses Immediate Capital
Released on = June 13, 2007, 8:30 am
Press Release Author = BCC Enterprises
Industry = Internet & Online
Press Release Summary = 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. A business can leverage a portion of future credit card sales for immediate cash.
Press Release Body = Kansas City, MO June 11, 2007 - Kansas City based Business Capital Corporation (www.buscapcorp.com), offers a cash advance program to qualified merchants, in need of immediate capital, based on the business' future credit card transactions. 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.
To learn more about this cash advance program you can visit their website at www.buscapcorp.com, or call Jessica Piggee, Director of Sales at 866-273-1133. About Business Capital Corporation Business Capital Corporation, 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 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.
Web Site = http://www.buscapcorp.com
Contact Details = Jessica Piggee Director of Sales 105 E. 5th Street Kansas City, MO 64106 P. 816-221-1133 Ext. 221 C. 816-365-3663 T. 800-331-8882 F. 816-474-8999 PiggeeJ@bccenterprises.com