Credit card factoring is a process that Merchant Resources International employs in order to provide merchant loans. This procedure transforms the activities of getting and repaying business funds into more convenient processes for you.

Our usage of credit card factoring allows you to optimize your business's credit card sales. When customers pay with Visa or MasterCard, a small percentage of those sales is automatically deducted. Then, we apply that percentage to your merchant loan repayment.

What is the most important part of running a business? Running a business.

Remembering to make fixed, monthly loan payments can be a disruption, and fixed payments can become a nuisance during months of lower-than-expected sales. The automatic repayment process of credit card factoring makes it so you never have to remember to mail a check, visit a bank, go online or transfer funds, in order to make a loan payment.

When you choose to receive a merchant loan from MRI, we will change your credit card processor in order to enable credit card factoring, but you will be linked with one of the best processors in the nation and your processing fees will never go up. In fact, we will even lower your processing fees whenever possible.

Unlike banks, which rely on individual borrowers to repay business funds (therefore requiring collateral, excellent credit and personal financial statements), credit card factoring allows MRI to rely solely on your business, to repay your merchant loan. That is why we require a borrower to process a minimum of $5,000 a month in credit card sales, to be eligible for a merchant loan and why we review applicants' credit card statements in order to determine exactly how much we are willing to advance a particular merchant. We want to make sure that your business can support merchant loan payments, and that your automatic repayments will go virtually unfelt, having no negative effect on your business.

What is one's main incentive for getting a business loan? Usually a small business owner needs funds that he/she does not have on hand, to make purchases/payments, etc., which will improve/maintain a business. When you receive a business loan, it is normal for it to take a while before you actually start to see results. But what if you had to make high, fixed monthly payments on your loan, during the time before the affects of your loan actually start to kick in? There is a chance that your loan could get in the way of itself, as during slower months, you would have to take a significant portion of your proceeds to repay the loan. In such a case, something that was meant to help your business could possibly end up hurting your business.

Credit card factoring virtually eliminates this frightening possibility, allowing us to receive payments in a unique way, with a lower likelihood of hurting your business, since repayments fluctuate.

Use credit card factoring if:
• You want fast cash
• You want a flexible repayment plan
• You want to get the most out of your business funds
• You want fast and easy renewal