Customers who bought this item also bought
Merchant Cash Advance Agreement | USA
Make a cash advance to a US merchant against its future credit card receivables with this template USA Merchant Cash Advance Agreement.
- The merchant sells to the cash advance company all of its right in a percentage of its future credit card sales for an immediate cash injection, until a specified amount has been paid.
- The purchase and sale of the credit card receivables constitutes a sale of accounts under the Uniform Commercial Code, which vests full ownership in the cash advance company. The merchant has no right to repurchase or resell the receivables.
- The merchant will authorize the credit card company to pay the credit card sales directly to the cash advance company until the specified amount is paid.
- The merchant also grants the cash advance company a security interest in its accounts, inventory, assets, property, all future receivables, and the proceeds thereof.
- The agreement also contains a Personal Guaranty form, to be given by the principal(s) of the merchant, who agree(s) to assume all of the merchant's obligations under the agreement.
- This template is a downloadable and fully editable Microsoft Word document.
- Intended to be used only in the United States.
$29.99
Merchant Cash Advance Letter to Credit Card Processor | USA
Notify a credit card transaction processor of a cash advance made to a merchant against its credit card receivables with this template Merchant Cash Advance Letter to Credit Card Processor.
- The letter should also be sent to the credit card issuer.
- The letter sets out the details of the merchant's agreement with the cash advance lender, and instructs the processor to pay a percentage of the credit card receipts to the lender until further written notice is given by the lender and the merchant. All amounts in excess of that percentage will continue to be paid to the merchant.
- The lender's rights under the merchant cash advance agreement are subject to the rights of the credit card processor and the bank.
- The lender and the merchant indemnify and hold harmless the bank and the credit card processor against any claims, losses or liability whatsoever arising from any action taken by the bank or the processor under the terms of the letter.
- This USA Merchant Cash Advance Letter to Credit Card Processor is a downloadable and fully editable Microsoft Word template.
$12.49
Customer Authorization for Recurring Credit Card Charge
If you bill customers on a regular recurring basis, you will need pre-authorization to charge the bill to the customer's credit card.
- This Customer Authorization Form is the customer's written consent for you to charge the recurring invoice on the credit card you have on file.
- The pre-authorization form is provided in MS Word format, and is easy to download and use.
- The law requires you to have a customer's authorization before you can bill their credit card. Download this free authorization form today.
- Available in MS Word format.
$0.00
Term Loan Agreement | USA
Write up a Term Loan Agreement for a borrower using this downloadable template form.
- This customizable legal template is governed by the laws of the United States.
- The borrower has the option to pay all or part of the term loan on any interest payment date, without premium or penalty, provided that a specified minimum prepayment amount is paid.
- The borrower has the option of selecting an interest period of more than one month's duration (up to but not including the next interest payment date).
- If the borrower fails to properly notify the lender, the interest period will automatically be set at one month's duration.
- The borrower may elect to have more than one interest period outstanding at any one time, provided that no interest period extends beyond the maturity date.
- Available in MS Word format.
- Governed by U.S. laws and intended to be used within the United States.
$17.99