As you may have realized by now, banks simply aren’t lending money like they used to.  The overall industry is tightening up; making it difficult for new businesses – or stagnant businesses – to get ahead.  Maybe you’ve wanted to give your nightclub a new ‘makeover’ or open another restaurant across town.  Or maybe you want to launch a new product line but your business is too new.

No matter what the reason, Bentwood Financial will listen and try our best to get the cash you need fast.   We know what running a business is all about; and in these times our small town roots and down-home work ethic play a big role in what we are able to offer our clients.

Program 1

• This program is based on your business' verifiable annual gross sales which includes your credit card revenue.
• Loan amounts range from $5,000 - $500,000 per location.
• Texas based Bentwood Financial Group has the ability to fund up to $1.5 million if the client has multiple locations.
• There is No Need to Switch Credit Card Processors.
• The payment amount will be paid back within 12 months. Payback is weekly through ACH drafts.
• Industries that qualify for this program are restaurants, motels/hotels, nightclubs/bars and specialized grocery stores.

Requirements:

• Complete a simple 2 page application.
• You must be in business a minimum of six months with a minimum FICO score of 600 (preferred).
• You also must have minimum monthly gross sales of $12,500
• All we need is three months of bank statements and three months of credit card statements.

MCA PROGRAM 2

We will pay you for your future credit card transactions and when these transactions come the payment is returned via a small fixed percentage of those daily credit card receipts. BFG looks to put you in control of the untapped assets that are your future sales.

Program 2

• This program is a cash advance for the company’s future credit card sales. Bentwood Financial bases its funds on the prospect’s credit card sales only.
• The merchant may need to switch to a different credit card processor if they are not tied to the company providing the funding. If a need to switch processors is required - don't worry - your rates will remain the same or potentially be better than what you currently have!
• Funding amounts up to $150,000 per location.
• The payback amount is due within 12 months and an agreed upon predetermined percentage is taken out on a daily basis from Visa/Mastercard sales only.

Requirements:

• In order to take advantage of this program, you must be in business for a minimum of 1 year and process at least $5,000 in Visa/MasterCard transactions each month.
• You must have 4 months of credit card transactions to qualify and bankruptcies must be discharged at least 12 months prior to funding.
• Low FICO scores are okay.  Provide 4 months of credit card statements and complete a one page application.

Not sure which merchant plan is best for your business? Let one of our Bentwood Financial Group staff members sit down with you to discern the plan for your company. Contact us today for free information.