Five Things You Should Know About Revenue Based Loans
Revenue Based Loans, also known as "ACH Loans" are similar in structure, repayment schedule, and pricing to a Merchant Cash Advance.
Revenue Based Loans generally range from $10,000 to $2,000,000 and is suited for the business owner that has a specific and immediate purpose for the funds such as working capital, new business opportunities, marketing, business expansion, etc. and is generally not a good instrument for debt consolidation.
Revenue Based Loans typically do not need to be collateralized by an asset and a great benefit of Revenue Based Loans is that they are short term, allowing the business to use it as a recurring source of capital as financial needs arise in the business.
The repayment terms on Revenue Based Loans generally range from 4-36 months.
For more information on a Revenue Based Loan or any of CyoGate's Business Loans Services, please contact us today, or request a Business Loan Application using the button below.
An Internet Merchant Account is sometimes referred to as a "MOTO" (Mail Order & Telephone Order) Account because they all require the ability to process a credit card payment when there is no physical credit card present to be swiped. A standard retail "swipe" merchant account does not allow processing of these "card-not-present" transactions.
If the domestic banks are denying your merchant application because they believe your industry is considered high risk, CyoGate can help! We have an offshore network of merchant processing partners that enable us to provide low cost, high risk merchant solutions to a much wider range of businesses and industries.
The CyoGate Internet Payment Gateway offers one of the quickest and most cost effective ways to accept and process credit card and electronic check payments online. Our payment gateway works with most existing merchant accounts and supports hundreds of popular web shopping carts and eCommerce platforms.