• Operating Loans up to $500,000

  • No Collateral Necessary

  • Approvals Mainly on Financial Merits of Business

  • Loans on Receivables

  • Traditional Business Loans

  • MCAs (Merchant Cash Advance)

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Paramount

● Funds Available in as little as 24 Hrs.

● Personal Credit NOT a Major Factor

● No Fund Usage Restrictions

● Flexible Payment Options

vs.          Your Bank

● Funds available in weeks or months

● Personal Credit IS a Major Factor

● Use of Funds can be Limited

● One Payment Option

Top 3 Misconceptions of Working Capital

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“I Don’t Have Collateral” or “I Don’t Want to Put Up Collateral”

Many do not realize that getting a working capital loan through a company like Paramount Payment Systems is simple. Unlike traditional bank loans that require collateral, a Working Capital Loan does not. It is mainly based on a business’ cash flow. Showing that the business is making money is key, and it alleviates a lot of stress of having to tie up property or assets.

2

“I Will Not be Approved because of My Poor Credit” or “My Credit is Perfect, I Will Be Approved for any Loan”

Although the working capital industry does approve around 65% of applicants compared to traditional banking’s 20-30%, there are still requirements to be met. They are just different. When mainly focusing on the financial merits of a company rather than personal pitfalls of the signer, a whole new world opens up.

1

“I Could Use Funds but I Can’t Wait Weeks or Months for Approval”

Many apply for traditional bank business loans, only to find out months later if they have been approved and when funds will be available; generally 60-90 days. With a Working Capital Loan through a company like Paramount Payment Systems you can receive funds in a significantly shorter amount of time, even as little as 24 Hours in many instances!

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Paramount Payment Systems