(MENAFNEditorial) FAM offers business funding options tailored to the specific and unique needs of each business type it works with.
Los Angeles California - First American Merchant (FAM) specializes in working with merchants that struggle to secure the business funding they need for one reason or another. Without the access to working capital a business cannot respond to changes or take advantage of opportunities. FAM provides a solution to this problem through its flexible business funding programs.
Securing a merchant cash advance or an ACH Only advance with FAM is a simple fast and hassle-free process. Unlike working with a bank the requirements for business funding with FAM is straightforward. When applying for a merchant cash advance merchants with credit scores below 500 are approved and no tax returns or financials are required. Merchants receive their funds in as little as 72 hours if not sooner.
When applying for the ACH funding program merchants do not have to have a merchant account and merchants with FICO scores below 500 are approved. FAM simply requires that the business be in operation for at least six months and have 10k in gross monthly deposits. The amount of funding available to the merchant is then based on the number of deposits and the average monthly revenue from their business.
Here at 1st American we understand the challenges that high risk business models face. In business growth doesnt always remain on an upswing. There may be dips and valleys along the way.
A high risk business usually indicates higher volume and therefore the potential for greater profit. First American has the experience and flexibility from working with this business model to help you achieve success.
Located in Los Angeles CA First American Merchant Funding (FAM) boasts a large network of agents and numerous payment gateway options. Focused on financing the American dream FAM is proud to offer the services of a full support staff and robust financing options to a broad range of industries. FAM has one of the best approval rates in the business and specializes in working with business considered to be high risk.
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