AdvanceIT wanting to lend you money against future POS sales at rates that they can't disclose until you go through vetting. Suggests to me that it will be above usury rate (it is legally considered buying future sales, not a loan so it's been exempt from the usury laws in the past).
AdvanceIT wanting to lend you money against future POS sales at rates that they can't disclose until you go through vetting. Suggests to me that it will be above usury rate (it is legally considered buying future sales, not a loan so it's been exempt from the usury laws in the past).
got a call from this number just now at my business. asked for the owner, i asked if i could take a message and they asked for the owner again. i said they are not here right now, ill take a message and get back to you. they hung up on me.
Got a call from AdvanceIT as well. They want to lend you money based on your average monthly sales through your company's POS. The say there is no interest on the money and that it is paid back by a percentage of your future sales.
Sounds good, don't it!!! The fee for $10,000 cash advance (released in 1/3 increments over three months) is a mere $3000! That's what I said... No interest cash advance for the low, low fee of 30%! Do not tell they a!@#les anything about your company or sales numbers and then contact your FirstData salesman and give them [***] for selling your name to these parasites. They work with FirstData's knowledge and co-operation.