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“The Boys & Girls Club has been the beneficiary of RMS for more than a decade. Mary Kate and Team provide nothing but quality and are truly a customer first business. They are flexible and efficient and make sure their clients are treated fairly. We are fortunate to have them in our community. They are true partners and friends.”
Mike Flynn — Executive Director, Boys & Girls Club of Ridgefield
This is a short-term cash advance for businesses that cannot get such a short-term loan from a banking establishment. This is a great option for any business that has at least six months of credit card acceptance history. A business can get up to 100% of their 6-month MC/Visa monthly average. The fee of this advance in total is 18-25% of total loan (industry standard is 30-35%!). This advance will be deducted automatically out of credit card receivables on a daily basis for the 6 months.
Ex. A restaurant that averages $10,000 in MC/Visa per month can get an advance of $10,000. This advance will be paid back plus percentage fee over the next 6 months via credit card deposits.
Next Day Funding
For qualified merchants, we are happy to offer next day funding. This is an exceptional tool for cash flow. Any Visa, MasterCard or Discover transactions before 5:30PM EST on any business day will fund directly into your bank account on the next business day.
FSA/HRA Payment Card Processing
We have solutions for any establishment that accepts Flexible spending account cards via software or equipment. Please call our office for more details on this healthcare industry product.
Check Processing /E-Checks Services
We have solutions for certain business that are accepting or looking to accept checks. This product is a tool for businesses that want check guarantee, protection from check fraud, or to eliminate physical bank deposits.
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