The Payment Stream Financial Program: An Example
Let us say, for example, that you offer a five payment credit card transaction, and receive the initial payment with the first order. You then receive the second payment thirty days later. You may then sell the receivable immediately after having received the second payment and the funding source would purchase the remaining three payments.
However, if you only charge shipping and handling up front and receive the initial payment thirty days later, then the funding source would purchase the remaining four payments.
Advance Rates For The Payment Stream Financial Program
Please contact Access Funding Center, Inc. directly at 864-575-4133 for rates. Rates may vary somewhat based on the product and its associated risk. Our clients know that upon selling their receivables they relieve themselves of the costs associated with credit card merchant fees, statements, collection calls, etc.