Many small business owners find it difficult to obtain traditional funding from banks to assist in growing their businesses. Business Financial Services provides funding to these businesses that do not have criteria that banks require. Most banks, 2+ yrs. in businesses, owners with 680+ credit scores and financials showing a profit. This makes it impossible for the everyday small business owner to obtain funds for inventory, new equipment, advertising and cash flow.
Small Business Owners sometimes find themselves in challenging situations. Falling behind on paying their taxes, in arrears with their landlords, keeping up vendor payments to name a few. This is when Business Financial Services (BFS) steps in.
Created in 2000, BFS was established by young entrepreneurs who have faced these same challenges. The principals with backgrounds is advertising and finance put together a fund in order to help other business owners in theses same situations. Today, BFS has assisted over 1000 businesses with their financial needs.
BFS provides working capital to restaurants, salons and day spas, automotive services and retail stores to name a few industries. In addition, BFS, through it's marketing, finance and business development departments assists businesses owners with everyday challenges and a solid plan for the future growth of the business. BFS funds businesses through every stage of development to insure that the business can rely on it's own revenue streams to grow and face any challenges that may arise in the years to come.
Never before has there been a funding source for businesses in these industries. What makes Business Financial Services an exceptional choice is that BFS "advances" the money to the business. Every business can rely on the fact that their customers will buy products and services from them. Every business that has past the initial 9 months of business should be accepting credit cards at this point. BFS takes a look at the cash flow of the business over the past six months and advances money to the business owner based upon future sales estimates derived from sales through credit card sales. A small portion of each credit card sale is distributed to BFS to pay off the advance.
Business owners can get money in as little as 10 days. There are no fixed payments, no upfront or closing costs and BFS will provide their funding services throughout the businesses growth stages until the business is a thriving profitable entity on its own. BFS does not require collateral and does not have a set term.
For additional information on the BFS Business Cash Advance Funding Program visit http://www.businesscashadvance.com/ or call 877-411-4006
About Me
- Ask Cathy
- I have over 25 years of experience in marketing and raising capital for small business owners. BFS was created with the small business owner in mind. Knowing all the challenges businesses face day to day. The staff at BFS is experienced in solving many situations and assisting in the easy application process to obtain the funding that the business needs. It is my goal to assist 5000 businesses over the next few years to thrive and become profitable.