AMERICAN FINANCE SOLUTIONS

“Funding Small Business is Our Business.”
(800) 760‐5516

Available Collection Methods

Required Items for Submission

$5,000 ‐ $200,000
(Up to $500,000 for 
Multip...
FUNDING APPLICATION
505 N. Euclid St. Suite 620, Anaheim, CA 92801
FAX TO:
Toll free: 800-760-5516
Tel: 714-765-8141
866-8...
 

 

SUBMISSION    CHECKLIST 
 

 

ATTN: 

FROM: 

DATE: 

AGENT ID#: 

FAX:   866‐822‐0260 

TIME: 

 

SUBMIT DEALS BY...
 

 

Deal Process 

Submission

• Submit Deals By Email:  funding@americanfinancesolutions.com
• Submit Deals By Fax:  86...
 

 

Approved Processing Partners 
The list below includes the Credit Card Processing companies that AFS is approved 
to ...
 

Frequently Asked Questions 
 What can American Finance Solutions do for my business?  
 
 Why should I deal with Amer...
 

 
What can American Finance Solutions do for my business? 
 
We offer you a way to improve your business financial situ...
 

 
 
What is the interest rate? 
 
Most programs we offer are similar to factoring, there is no interest rate, just a se...
 

 
How soon can I have the cash? 
 

 

After a complete contract is submitted with all required stipulations, funding g...
American Finance Solutons - Referral Partner Package - 2014.v8
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American Finance Solutons - Referral Partner Package - 2014.v8

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Overview of American Finance Solutions' 2014 financing programs and procedures for financing small- and medium-sized businesses in all 50 States.

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American Finance Solutons - Referral Partner Package - 2014.v8

  1. 1. AMERICAN FINANCE SOLUTIONS “Funding Small Business is Our Business.”
  2. 2. (800) 760‐5516 Available Collection Methods Required Items for Submission $5,000 ‐ $200,000 (Up to $500,000 for  Multiple Locations) $5,000 ‐ $20,000 (50% of Average  Credit Card Processing) 550 No Credit Check Required 12 Months 4 Months Split Collection Fixed ACH Lockbox Minimum Time in Business FAST CASH PROGRAM 4 Months Minimum FICO Score LOAN PROGRAM No Minimum Funding Amounts MERCHANT CASH ADVANCE PROGRAM $5,000 ‐ $200,000 (Up to $500,000 for  Multiple Locations) AMERICAN FINANCE SOLUTIONS Fixed ACH Split Collection Signed Application 3 Most Recent Months  Credit Card Processing Statements 2 Most Recent Months  Business Bank Statements Signed Application Signed Application 3 Most Recent Months  Business Bank Statements 3 Most Recent Months  Credit Card Processing Statements 2 Most Recent Months  Business Bank Statements PROGRAM GUIDELINES * Factor Rates as Low as 1.15 * Contract Terms Up to 12 Months * No Restriction on the Use of Funds * May Not Be More Than 30 Days Past‐Due on Business Location's Rent/Mortgage * No Open BK Proceedings * Judgements/Liens Must Be Less Than $100K * No Points, Upfront Fees, Application Fees or Processing Fees * All Submissions Subject to Underwriting Approval * Fast Cash Program Requires No Existing Merchant Cash Advance Balance RESTRICTED INDUSTRIES      (Requires 2 Years in Business & 12 Months Statements) * Seasonal Businesses * Gas Stations * Internet/Mail Order/Phone Order * Building Materials * Contractors/Home Improvement * Wireless Service/Cell Phone Sales * Chiropractic Offices * Bridal Retailers * Large‐Ticket Retailers * Advertising/Public Relations * Furniture/Home Furnishings * Tanning Salons * Home‐Based/Ecommerce * Banquet Facilities/Catering * Property Management * Weight Loss/Fitness Centers * Limousine/Shuttle/Transportation * Automotive/Motorcycle/RV Sales * Insurance Agencies * Child Day Care Centers PROHIBITED INDUSTRIES * Adult Entertainment * Medical Marijuana * Retail Tobacco Shops * Debt Collectors/Collection Agencies * Financial/Mortgage Brokers * Import/Export/Freight Forwarders * Direct/Multi‐Level Marketing * Attorneys * Non‐Profit Organizations * Gambling/Gaming/Bookmaking * Travel Agencies * Lenders SUBMIT TO:   funding@afsfunding.com or via fax to 866‐822‐0260
  3. 3. FUNDING APPLICATION 505 N. Euclid St. Suite 620, Anaheim, CA 92801 FAX TO: Toll free: 800-760-5516 Tel: 714-765-8141 866-822-0260 info@americanfinancesolutions.com www.americanfinancesolutions.com Sales Rep. ID: ____________ AMERICAN FINANCE SOLUTIONS Submit by Email Print Form Please fill in the spaces below, sign and mail or fax us the application. By doing so, you are giving American Finance Solutions, as well as its agents and affiliates, permission to review your business and personal credit history in order to provide you with formal funding approval. All information supplied is confidential and shall be used solely for the purpose of determinining eligibility. Business Legal Name: Business DBA Name: Address: Suite / Floor: Phone: City: Fax: Business Start Date (month / year): State: Mobile: Length of Ownership: Zip: Tax ID #: Legal Entity: Corp Sole Prop LLC Partnership Industry Type: E-mail: Website: Landlord / Mortgage Company: Rent / Mortgage Payment: Lease Expiration: Landlord Contact Name: Landlord Contact Phone: Landlord Contact Fax: T R A D E R E F E R E N C E S Company Name: Contact: Telephone: Company Name: Contact: Telephone: Company Name: Contact: Telephone: PRINCIPAL / OWNER DETAILS Principal (1) Name: Mr Mrs Title: Address: % Ownership: City: Phone: Fax: State: Mobile: E-mail: Social Security #: SIGNATURE: Principal (2) Name: Mr DATE: Mrs Title: Address: % Ownership: City: Phone: Fax: State: Mobile: E-mail: Zip: Zip: Social Security #: SIGNATURE: DATE: FUNDING DETAILS Desired Advance Amount: Minimum Advance Amount: Average Ticket Size: Average Monthly Visa/MasterCard Sales: Average Monthly Total Sales: Proposed Use of Funds: Current Processing Company: Bank Name: Account Number: Routing Number: Merchant Account Number: AMEX Account Number: Discover Account Number: Has applicant ever been in bankruptcy?: YES NO Are any suits/judgements/liens pending against the applicant: YES NO Do you have an OPEN cash advance? If YES, with who: YES NO Balance: Have you used a cash advance plan before?: If yes, with who: YES NO
  4. 4.     SUBMISSION    CHECKLIST      ATTN:  FROM:  DATE:  AGENT ID#:  FAX:   866‐822‐0260  TIME:    SUBMIT DEALS BY EMAIL TO :     funding@americanfinancesolutions.com    ** MINIMUM  SUBMISSION  REQUIREMENTS **  Merchant Cash Advance Programs                  Complete & Signed Application                  3 Months Most Recent Credit Cards Processing Statements     (12 months if Seasonal)                  2 Months Most Recent Business Bank Statements    Loan Program                  Complete & Signed Application                  3 Months Most Recent Business Bank Statements     (12 months if Seasonal)      ** ADDITIONAL  DOCUMENTATION  INCLUDED **                    Proof of Ownership                   Clear Copy of Merchant(s) Driver's License or ID                  Voided Check  (For Included Business Bank Account)    American Finance Solutions          800‐760‐5516          www.americanfinancesolutions.com 
  5. 5.     Deal Process  Submission • Submit Deals By Email:  funding@americanfinancesolutions.com • Submit Deals By Fax:  866‐822‐0260 • Agent Receives Confirmation of Submission Through the Agent Portal • Once Received, the Account Executive Will Contact You Within One Business Day  for Approval • Notify your Account Executive of Merchant's Accepted Quote. The Account  Pricing & Funding  Executive will Email out the Funding Documents with a List of All Remaining  Stipulations Needed Documents Verification Funding &   Follow‐Up • Signed Contracts & Stipulations are Returned and the File is Submitted to the  Verification Department • Verifications Completes:  Landlord, Trade Reference and Welcome Calls • Merchant Receives Funds via Wire • Merchant Recevies Welcome Call from AFS Customer Service ; Recevies Portal  Login • Customer Service Follows Up with Client Every 30 Days   American Finance Solutions          800‐760‐5516          www.americanfinancesolutions.com 
  6. 6.     Approved Processing Partners  The list below includes the Credit Card Processing companies that AFS is approved  to Split with along with their customer service numbers and contact websites.  PROCESSOR  Amerimerchant  PHONE  (800) 267‐3790  WEBSITE  www.amerimerchant.com  Atlantic‐Pacific Processing  (800) 635‐3545  www.approcessing.com  Bank Card Central  (800) 331‐8882  www.bankcardcentral.com  Card Flex  (866) 634‐3044  www.cfinc.com  Cynergy Data  (800) 933‐0064  www.cynergydata.com  EVO Platinum  (866) 373‐2249  www.goevo.com  First Data (Omaha Platform Only)  (800) 735‐3362  www.firstdata.com  Forward Line  (866) 623‐4900  www.forwardline.com  Integrity Payment Systems  (888) 477‐4500  www.integritypaymentsystems.com  iPayment  (800) 716‐9642  www.ipaymentinc.com  Meritus  (888) 851‐7558   www.merituspayment.com  One Pay  (866) 810‐5876  www.onepayusa.com  PayProTec / NAB  (800) 360‐2591  www.payprotec.com  Pinnacle Processing Group  (502) 774‐7679  www.pinncaleprocessing.com  PowerPay  (877) 877‐3737  www.powerpay.biz  Priority Payment Systems  (800) 935‐5961  www.prioritypaymentsystems.com  Sage Payments  (800) 261‐0240  www.sagepayments.com  TransFirst  (877) 608‐6599  www.transfirst.com  US Merchant Systems  (800) 655‐8767  www.usms.com  Vision Payment Solutions  (877) 674‐2286  www.visionpayments.com      American Finance Solutions          800‐760‐5516          www.americanfinancesolutions.com 
  7. 7.   Frequently Asked Questions   What can American Finance Solutions do for my business?      Why should I deal with American Finance Solutions?     How can I use the cash?     How does it work?     What is the interest rate?     Will I qualify?     How long does it take to get approved?     How much can I qualify for?     How soon can I have the cash?     Will I be able to monitor my account payments and balance?     How often can I get funding? ___________________________________________________________________________________ American Finance Solutions 800-760-5516 www.americanfinancesolutions.com  
  8. 8.     What can American Finance Solutions do for my business?    We offer you a way to improve your business financial situation by accessing cash now.  It’s not a bank loan where credit decisions are solely based on credit score, so you’re  much more likely to be approved, and your cash becomes available to you quickly.    Why should I deal with American Finance Solutions?    We have several flexible funding programs to meet your unique  situation. Our customer service is unparalleled and you will be dealing with  an assigned Account Executive directly on each and every advance. AFS offers a fast,  smooth and uncomplicated process of submission to funding in under 5 business days.    How can I use the cash?    Use the cash any way you see fit, there are no restrictions on how you use the capital!   You're the business owner, so you know the best utilization of the funds to improve and  increase success for your business. Customers typically use the cash to support or  upgrade their business in some way. Maybe complete needed repairs or increase  inventory. Maybe expand your current location or add a new one. Better yet, you’d like  to seize an opportunity before a competitor does.    How does it work?    American Finance Solutions offers either a merchant cash advances where they purchase  a portion of the future credit card transactions or an unsecured business loan. After  funding, repayment occurs by either a fixed weekly payment or a small percentage is  deducted from credit card sale until the contract is paid in full, you keep 100% of your  cash and check sales. ___________________________________________________________________________________ American Finance Solutions 800-760-5516 www.americanfinancesolutions.com  
  9. 9.       What is the interest rate?    Most programs we offer are similar to factoring, there is no interest rate, just a set cost.  An example for my previous client was that American Finance Solutions purchased  $23,000 of credit card receivables in exchange for $20,000 in financing.  The loan  programs are unsecured and pricing is driven by your business risk profile so let's get you  approved today, most of my clients feel the rate is competitive to the financing they used  to be able to get with their bank.    Will I qualify?    If you’ve been in business for at least 4 months, not currently in bankruptcy personally or  with the business and not more than 30 days past due on the business' rent/mortgage,  then you are well on your way to approval. Just need to have you complete a simple one‐ page application and see copies of your two most recent bank statements and three  months credit card processing statements if you accept credit cards.    How long does it take to get approved?    Approval generally takes one business day or less. Upon receipt of the signed contracts  and stipulations, funding takes place within 2 to 4 business days.    How much can I qualify for?    Most clients range are approved from $25,000 to $50,000; our programs start at $5,000  and go up to $500,000.  A general rule of thumb for what most businesses qualify for is  equal to an average month's gross sales, all cash, checks and credit cards.          ___________________________________________________________________________________ American Finance Solutions 800-760-5516 www.americanfinancesolutions.com  
  10. 10.     How soon can I have the cash?      After a complete contract is submitted with all required stipulations, funding generally  happens in less than 4 business days. Most of our clients receive their financing in under  a week from the time they submit an application.  Will I be able to monitor my account payments and balance?    You will get an online login to your account from AFS, From their you can track all  payments, balances and even request additional funding when needed.    How often can I get funding?    Most clients are eligible for additional financing after their balance is paid down 50%.  To  renew your contract you will need to submit new bank statements and the process takes  1 or 2 days since you are a repeat client.  ___________________________________________________________________________________ American Finance Solutions 800-760-5516 www.americanfinancesolutions.com  

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