All information about Nectar Mrechant Cash Advances in Englewood Cliffs, NJ
Address: | 560 Sylvan Ave, Englewood Cliffs, NJ 07632 |
Phone: | (201) 474-6100 |
Site: | http://www.nectaradvances.com |
Nectar Cash Advances provides working capital (for any reason) to NEARLY ANY RETAIL business THAT ACCEPTS CREDIT CARD PAYMENTS through a cash advance by purchasing a business’s future credit card sales at a discount. Within 7 to 10 business days, Nectar will review historical sales data and make fair projections for the next six to twelve months; then, once a satisfactory review is completed, Nectar will fund between $10,000 and $1,000,000 with no collateral or personal guarantee. Unlike traditional lenders, Nectar does not require written business plans or make its decision on credit scores. Nectar makes an educated risk assessment and purchases up to 12% of a business’s total yearly gross revenue at a discount; almost every merchant will qualify.