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Inzap |
Accepting credit card payments |
Factoring |
Receivables financing from your bank |
| Cost to offer 30 day terms
and get paid in advance |
2.18% |
2.5% |
2.0 - 4.0% and up |
1.0 - 1.4% |
| Cost to offer 60 day terms
and get paid in advance |
3.85% |
Not possible without costs to customer |
4.0 - 8.0% and up |
2.0 - 2.8% |
| Available to most small businesses |
Yes, most qualify |
Yes, most qualify |
No, usually reserved for larger companies |
No, usually reserved for larger/older companies |
| Will your business customers be happy with the solution? |
Yes, customers get terms but still get to interact with you directly |
No, customers usually don't want to tie up their credit card lines |
No, customers often feel harassed when dealing with factors |
Yes, this option is transparent to your customers |
| Provides a system to help you stay on top of customer payments |
Yes, web interface to manage and control the process |
No |
No |
No |
While many small businesses do not qualify for a business line of credit, those that do find Inzap to be a great complement to the line of credit.
Not only can Inzap be an additional source of credit, but it can be a much easier way to synchronize the funds required for your receivables, since your used credit is automatically adjusted up and down as your customers are issued invoices and pay them off. With lines of credit, synchronizing the line drawn to the amount needed can be complex and a hassle.
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Questions? Call us at 1-800-617-1772,
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