WHY WORKING CAPITAL
You have heard the old saying “It takes money to make money.” We
developed our working capital program with this saying in mind. With a
working capital loan, you can:
- Finally renovate
- Build that patio or other expansion
- Open additional locations
- Replace equipment
- Buy a POS system
- Increase marketing
- Alleviate cash flow issues
- Buy out a partner
- Buy a liquor license,
- Pay off more expensive cash advances
All of these have one thing in common; they give you more control,
flexibility, and ultimately allow you to increase profits.
Apply Now, call us at 702-405-9075 or Email Us and find out how
doing business with NBS can improve your business!
Who is NBS?
Why use NBS?
How does the NBS program work?
Will the payback with NBS be tied to my credit card sales?
Do
I have to participate in any marketing or rewards programs to get cash
from NBS?
How much cash can I get and how do I qualify?
How do I get the money?
How does NBS get paid back?
How do I apply?
Q: Who is NBS?
A: National Business Services (NBS) is a Las Vegas Licensed
Finance Lender based in Las Vegas, Nevada. NBS specializes in
providing working capital for restaurants, small businesses, boutique
hotels, retail establishments and hospitality businesses.
Q: Why use NBS?
A: Adding a partner to your business can cost you valuable equity and
could mean a loss of control. Other cash providers that receive their
payback through credit card sales and/or membership programs can create
cash flow consequences and accounting nightmares. Don’t lose control of
your business! Use NBS and get the cash you need without all that hassle.
Want more? How about some of the most competitive rates in the industry, a
simple and quick approval process, and flexible financing options?
Q: How does the NBS program work?
A: We’ve created an affordable, simple, and flexible approach to
providing working capital of $5,000 to $500,000. You’ll receive the cash
fast; often in 5 to 7 business days! We provide some of the most
competitive rates in the industry. With NBS, choose a payback schedule
that works best for your business. Choose one of our standard 26, 40 or 52
week loan packages, or let us create a custom package starting from 4
weeks and up. If your business has seasonality issues and needs cash flow
relief during your slow periods, we offer seasonal amortization payment
schedules to do just that for merchants who qualify.
Q: Will the payback with NBS be tied to my credit card sales?
A: No. Many cash advance companies receive their payback by deducting
up to 30% from your daily Visa® and MasterCard® sales. They may require
you to change your credit card processor, and loan amounts are based
solely on your Visa and MasterCard sales. NBS requires no change in your
credit card processor and loan amounts are based on your total annual
sales! Why let some other company dictate who you use to provide your
business’s critical services? In addition, your interest is tax
deductible, further reducing the borrowing costs on our competitive rates.
Q: Do I have to participate in any marketing or rewards programs to
get cash from NBS?
A: No. We do not require you to sign up for an unwanted marketing or
rewards type program that relies on either a registered card platform or
credit card transactions to receive working capital. Often times, these
types of programs have hidden costs involved like funding tax and tip, or
they cannibalize your sales growth by simply repaying your cash advance
back using your existing customer base. Why let some other company reap
the benefits of your hard work? Our philosophy is simple; we offer you
lower and more cost effective rates. Cheaper, Simpler, More Flexible
Financing is all we do!
Q: How much cash can I get and how do I qualify?
A: Our loan options include new (under 1 year) and existing
businesses. We utilize actual gross sales to establish your potential loan
amount. Potential loan amounts typically vary from 4% to 8% of annual
sales (based upon current or projected sales) based upon credit
worthiness. Example: If your average monthly sales volume is $100,000 or
$1,200,000 annually, your potential loan amount is $48,000 to $96,000. If
sales increase over time, you may qualify for additional cash. All loans
are subject to NBS’s standard underwriting criteria.
Q: How do I get the money?
A: After your loan is approved, we typically wire transfer the loan
proceeds directly to your business account. The wire method is quick and
efficient, normally executed within 2 to 3 business days of approval. A
traditional check can be mailed to you if you prefer. Disbursement options
are available to pay vendors directly for equipment purchases. This
enables you to free up cash for other important purchases and expenses.
Q: How does NBS get paid back?
A: Simply. Once a week we process an ACH debit from your authorized
business checking account. This ACH debit remains the same over the term
of your loan. You’ll know what to expect and can set your budget
accordingly. We don’t require automatic renewals or continued commitments
once your loan is paid, but if you choose to renew, the process is quick
and easy!
Q: How do I apply?
A: Apply Now, call us at 702-405-9075, or Email Us and speak to an NBS financing professional. From
there, we can establish your loan needs and start the process. You’ll be
asked to fill out a simple loan application form and provide 3 months of
your most current credit card and bank statements to document sales. Once
submitted, we will do the rest. Proceeds can be wired directly into your
bank account. The whole process is easy and typically takes five to seven
business days!
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