American Finance Solutons - Referral Partner Package - 2014.v8

AMERICAN FINANCE SOLUTIONS

“Funding Small Business is Our Business.”

(800) 760‐5516

MERCHANT CASH ADVANCE

PROGRAM

LOAN

PROGRAM

FAST CASH

PROGRAMFunding Amounts

$5,000 ‐ $200,000

(Up to $500,000 for

Multiple Locations)

$5,000 ‐ $200,000

(Up to $500,000 for

Multiple Locations)

$5,000 ‐ $20,000

(50% of Average

Credit Card Processing)

Minimum FICO ScoreNo Minimum 550 No Credit Check Required

Minimum Time in Business4 Months 12 Months 4 Months

Split Collection

Fixed ACH

Lockbox

Fixed ACH Split Collection

Required Items for Submission Signed Application

3 Most Recent Months

Credit Card Processing Statements


Business Bank Statements

Signed Application



Signed Application


Credit Card Processing Statements



* Seasonal Businesses

* Gas Stations

* Internet/Mail Order/Phone Order

* Building Materials

* Contractors/Home Improvement

* Wireless Service/Cell Phone Sales

* Chiropractic Offices

* Bridal Retailers

* Large‐Ticket Retailers

* Advertising/Public Relations

* Furniture/Home Furnishings

* Tanning Salons

* Home‐Based/Ecommerce

* Banquet Facilities/Catering

* Property Management

* Weight Loss/Fitness Centers

* Limousine/Shuttle/Transportation

* Automotive/Motorcycle/RV Sales

* Insurance Agencies

* Child Day Care Centers

* Adult Entertainment

* Medical Marijuana

* Retail Tobacco Shops

* Debt Collectors/Collection Agencies

* Financial/Mortgage Brokers

* Import/Export/Freight Forwarders

* Direct/Multi‐Level Marketing

* Attorneys

* Non‐Profit Organizations

* Gambling/Gaming/Bookmaking

* Travel Agencies

* Lenders


PROGRAM GUIDELINES

* Factor Rates as Low as 1.15

* Contract Terms Up to 12 Months

* No Restriction on the Use of Funds

* May Not Be More Than 30 Days Past‐Due on Business Location's Rent/Mortgage

* No Open BK Proceedings

* Judgements/Liens Must Be Less Than $100K

* No Points, Upfront Fees, Application Fees or Processing Fees

* All Submissions Subject to Underwriting Approval

* Fast Cash Program Requires No Existing Merchant Cash Advance Balance

SUBMIT TO: [email protected] or via fax to 866‐822‐0260

PROHIBITED INDUSTRIES

Available Collection Methods

RESTRICTED INDUSTRIES (Requires 2 Years in Business & 12 Months Statements)

FUNDING APPLICATION

Business Legal Name: Business DBA Name:

Address: Suite / Floor: City: State: Zip:

Landlord Contact Name: Landlord Contact Phone: Landlord Contact Fax:

PRINCIPAL / OWNER DETAILS

FUNDING DETAILS

Business Start Date (month / year): Length of Ownership: Legal Entity: Corp Sole Prop LLC Partnership Industry Type:

E-mail: Website:

Landlord / Mortgage Company: Rent / Mortgage Payment: Lease Expiration:

Phone: Fax: Mobile: Tax ID #:

Please fill in the spaces below, sign and mail or fax us the application. By doing so, you are giving American Finance Solutions, as well as its agents and affiliates, permission to review your business and personal credit history in order to provide you with formal funding approval. All information supplied is confidential and shall be used solely for the purpose of determinining eligibility.

Company Name: Contact: Telephone:

Company Name: Contact: Telephone:

Principal (1) Name: Mr Mrs Title: % Ownership:

Address: City: State: Zip:

Phone: Fax: Mobile: Social Security #:

E-mail: SIGNATURE: DATE:

Desired Advance Amount: Minimum Advance Amount: Average Ticket Size:

Has applicant ever been in bankruptcy?: YES NO Are any suits/judgements/liens pending against the applicant: YES NO

Principal (2) Name: Mr Mrs Title: % Ownership:

Address: City: State: Zip:

Phone: Fax: Mobile: Social Security #:

E-mail: SIGNATURE: DATE:

Bank Name: Account Number: Routing Number:

Proposed Use of Funds: Current Processing Company:

Average Monthly Visa/MasterCard Sales: Average Monthly Total Sales:

Merchant Account Number: AMEX Account Number: Discover Account Number:

Do you have an OPEN cash advance? YES NO Have you used a cash advance plan before?: YES NOIf YES, with who: Balance: If yes, with who:

Company Name: Contact: Telephone:TRADE

REFERENCES

505 N. Euclid St. Suite 620, Anaheim, CA 92801Toll free: 800-760-5516 Tel: 714-765-8141

FAX TO: 866-822-0260

Sales Rep. ID: ____________info@americanfinancesolutions.comwww.americanfinancesolutions.com

Print FormSubmit by Email

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American Finance Solutions 800‐760‐5516 www.americanfinancesolutions.com

SUBMISSION CHECKLIST

ATTN: FROM:

DATE: AGENT ID#:

FAX: 866‐822‐0260 TIME:

SUBMIT DEALS BY EMAIL TO : [email protected]

** MINIMUM SUBMISSION REQUIREMENTS **

Merchant Cash Advance Programs

Complete & Signed Application

3 Months Most Recent Credit Cards Processing Statements (12 months if Seasonal)

2 Months Most Recent Business Bank Statements

Loan Program

Complete & Signed Application

3 Months Most Recent Business Bank Statements (12 months if Seasonal)

** ADDITIONAL DOCUMENTATION INCLUDED **

Proof of Ownership

Clear Copy of Merchant(s) Driver's License or ID

Voided Check (For Included Business Bank Account)


Deal Process

Submission

• Submit Deals By Email: [email protected]

• Submit Deals By Fax: 866‐822‐0260

• Agent Receives Confirmation of Submission Through the Agent Portal

Pricing & Funding Documents

• Once Received, the Account Executive Will Contact You Within One Business Day for Approval

• Notify your Account Executive of Merchant's Accepted Quote. The Account Executive will Email out the Funding Documents with a List of All Remaining Stipulations Needed

Verification

• Signed Contracts & Stipulations are Returned and the File is Submitted to the Verification Department

• Verifications Completes: Landlord, Trade Reference and Welcome Calls

Funding & Follow‐Up

•Merchant Receives Funds via Wire

•Merchant Recevies Welcome Call from AFS Customer Service ; Recevies Portal Login

• Customer Service Follows Up with Client Every 30 Days


Approved Processing Partners

The list below includes the Credit Card Processing companies that AFS is approved

to Split with along with their customer service numbers and contact websites.

PROCESSOR PHONE WEBSITE

Amerimerchant (800) 267‐3790 www.amerimerchant.com

Atlantic‐Pacific Processing (800) 635‐3545 www.approcessing.com

Bank Card Central (800) 331‐8882 www.bankcardcentral.com

Card Flex (866) 634‐3044 www.cfinc.com

Cynergy Data (800) 933‐0064 www.cynergydata.com

EVO Platinum (866) 373‐2249 www.goevo.com

First Data (Omaha Platform Only) (800) 735‐3362 www.firstdata.com

Forward Line (866) 623‐4900 www.forwardline.com

Integrity Payment Systems (888) 477‐4500 www.integritypaymentsystems.com

iPayment (800) 716‐9642 www.ipaymentinc.com

Meritus (888) 851‐7558 www.merituspayment.com

One Pay (866) 810‐5876 www.onepayusa.com

PayProTec / NAB (800) 360‐2591 www.payprotec.com

Pinnacle Processing Group (502) 774‐7679 www.pinncaleprocessing.com

PowerPay (877) 877‐3737 www.powerpay.biz

Priority Payment Systems (800) 935‐5961 www.prioritypaymentsystems.com

Sage Payments (800) 261‐0240 www.sagepayments.com

TransFirst (877) 608‐6599 www.transfirst.com

US Merchant Systems (800) 655‐8767 www.usms.com

Vision Payment Solutions (877) 674‐2286 www.visionpayments.com

___________________________________________________________________________________ American Finance Solutions 800-760-5516 www.americanfinancesolutions.com

Frequently Asked Questions

What can American Finance Solutions do for my business?

Why should I deal with American Finance Solutions?

How can I use the cash?

How does it work?

What is the interest rate?

Will I qualify?

How long does it take to get approved?

How much can I qualify for?

How soon can I have the cash?

Will I be able to monitor my account payments and balance?

How often can I get funding?


What can American Finance Solutions do for my business? We offer you a way to improve your business financial situation by accessing cash now. It’s not a bank loan where credit decisions are solely based on credit score, so you’re much more likely to be approved, and your cash becomes available to you quickly.

Why should I deal with American Finance Solutions? We have several flexible funding programs to meet your unique situation. Our customer service is unparalleled and you will be dealing with an assigned Account Executive directly on each and every advance. AFS offers a fast, smooth and uncomplicated process of submission to funding in under 5 business days.

How can I use the cash? Use the cash any way you see fit, there are no restrictions on how you use the capital! You're the business owner, so you know the best utilization of the funds to improve and increase success for your business. Customers typically use the cash to support or upgrade their business in some way. Maybe complete needed repairs or increase inventory. Maybe expand your current location or add a new one. Better yet, you’d like to seize an opportunity before a competitor does.

How does it work? American Finance Solutions offers either a merchant cash advances where they purchase a portion of the future credit card transactions or an unsecured business loan. After funding, repayment occurs by either a fixed weekly payment or a small percentage is deducted from credit card sale until the contract is paid in full, you keep 100% of your cash and check sales.


What is the interest rate? Most programs we offer are similar to factoring, there is no interest rate, just a set cost. An example for my previous client was that American Finance Solutions purchased $23,000 of credit card receivables in exchange for $20,000 in financing. The loan programs are unsecured and pricing is driven by your business risk profile so let's get you approved today, most of my clients feel the rate is competitive to the financing they used to be able to get with their bank.

Will I qualify? If you’ve been in business for at least 4 months, not currently in bankruptcy personally or with the business and not more than 30 days past due on the business' rent/mortgage, then you are well on your way to approval. Just need to have you complete a simple one‐page application and see copies of your two most recent bank statements and three months credit card processing statements if you accept credit cards.

How long does it take to get approved? Approval generally takes one business day or less. Upon receipt of the signed contracts and stipulations, funding takes place within 2 to 4 business days.

How much can I qualify for? Most clients range are approved from $25,000 to $50,000; our programs start at $5,000 and go up to $500,000. A general rule of thumb for what most businesses qualify for is equal to an average month's gross sales, all cash, checks and credit cards.


How soon can I have the cash? After a complete contract is submitted with all required stipulations, funding generally happens in less than 4 business days. Most of our clients receive their financing in under a week from the time they submit an application. Will I be able to monitor my account payments and balance? You will get an online login to your account from AFS, From their you can track all payments, balances and even request additional funding when needed.

How often can I get funding? Most clients are eligible for additional financing after their balance is paid down 50%. To renew your contract you will need to submit new bank statements and the process takes 1 or 2 days since you are a repeat client.

American Finance Solutons - Referral Partner Package - 2014.v8

Economy & Finance

Transcript of American Finance Solutons - Referral Partner Package - 2014.v8