Working Capital

Bank Associates Merchant Services offers a risk-free alternative method of financing. If you have been looking for a new way to finance business improvements such as...

• Purchasing additional inventory
• Buying ad space
• Upgrading your equipment
• Expanding your business by opening up a new location...
  ... the possibilities are endless
  

...we may have the cash solution you have been looking for!

How It Works

We believe your business can and will grow. Therefore, we are prepared to offer you a portion of that growth in the form of a cash advance. We will recoup the advance by taking back a small, mutually agreed-upon percentage of your daily Visa and MasterCard credit card sales until our agreement is fully executed. We do not touch any other part of your cash flow such as cash, checks, American Express or Discover - only your Visa and MasterCard transactions. There are no checks to write, no deadlines to remember, and no late fees - the payback process is automatic and seamless.

What Merchant Working Capital Is

• It is not a loan.
• Instead, it is a purchase of your future credit card sales.
• The amount of capital we offer you is based on your average monthly Visa & MasterCard processing volume.
• There are no fixed payments and no fixed schedules of repayment! We simply deduct a mutually agreed upon, fixed percentage from your daily credit card batch.
• There are no checks to write and no payments to worry about.
• Pay as you grow! If you have a slow month, you will not need to worry about making a significant payment to us.
• Your cash advance requires no personal guarantee as required by a bank loan!
• You will get approved regardless of your personal credit!
• Use the money any way you want that will help your business!

How to Qualify

1. You are a restaurant, retail or service business. Merchants considered "high risk" will not qualify.

2. You process at least $4000/month in credit card sales.

3. You have been in business for more than one year and have at least one year left on your lease. Some Internet merchants may qualify - please inquire with our Working Capital underwriters.

4. You have no open judgments or bankruptcies.

If you qualify you can apply online now - regardless of your personal credit history! E-mail  funding@bams.com for more information or call 866-510-2267 ext 8001

As part of the underwriting process, we will ask you for 3-months of credit card processing and bank statements, a copy of your lease, and a tax return or financial statement. A Funding Consultant will determine how much money you qualify for, based on your average monthly credit card volume, and will contact you within 48 hours to discuss our funding solution.Together, we'll agree on a reasonable fixed percentage, to be collected daily through your credit card transactions.

The funding process works through your credit-card terminal; therefore, in order to finalize the funding process, you will need BAMS to provide you with your credit card processing capabilities. Not only will we match your current credit card processing rates, we will beat them! The transition to BAMS will be seamless, and will not interrupt your daily business in any way. Not only will you receive cash to spend on whatever you want, you will receive the exceptional credit card processing services that BAMS has to offer.

You never have to worry about writing a single check or paying a single late fee. You only worry about growing your business. BAMS will transfer funds automatically and electronically, just as happens every day with your credit card batches. In fact, your advance could be paid in whole without you even noticing!

Expand your Business - in as little as 48 hours after signing the application, your money will be wired into your business bank account!