AGENT PROGRAM
NBG Financial offers financing to retail merchants by providing an advance for a multitude of purposes. An agent refers customers to NBG by providing them with an application or directing them to a web site address with unique tracking on the Internet. NBG collects the necessary criteria in order to evaluate the credit worthiness of the merchant. Business owners with credit scores of 500 and higher are usually accepted. Based upon the results, the merchants are advanced the funds they need.
There is no set term to pay off the advance. The business owners pay off the advance with a small percentage of each credit card transaction, based upon the amount advanced and the business' cash flow history
Our fee is based upon: underwriting guidelines, length of time in business, length of lease, monthly credit card volume, average monthly sales volume and past business history. |