Oden Capital

IN FEW WORDS, WHAT IS A             BUSINESS CASH ADVANCE?

It's not a loan - it is a Business Cash Advance, sometimes also known as Merchant Cash Advance or Credit Card Factoring, but the idea is the same. If your business has a history, you can project the future sales of your business and sell those future receivables as an asset.

We buy this financial asset, your future sales, for a fee - just like traditional factoring, but instead of invoices, we buy your future sales.

We provide you with a lump sum of cash; up to $250,000, deposited directly into your business bank account.

The repayment is done automatically by taking a percentage of your daily sales, usually through your credit card terminal.

The funds can be used for anything related to your business.
 

 WHAT IS THE ODEN ADVANTAGE?

Quick - Compared to a Small Business Loan, Oden requires lot less documentation, the underwriting process is more streamlined, decisions take less time and funding can be done more expidiently - you get your money quicker.

Flexible - With a Business Cash Advance you don't have fixed amounts or payment schedules. We take a small percentage of your daily sales.  No need to save up and send a check at the end of the month, it is done automatically and we only get paid when you get paid.

Available - The Business Cash Advance industry has not been sufferedas badly as the Banking sector and we are able to provide funding to our customers.

NO Hidden Fees - No Application Fee, No Closing Fee, No Funding Procesing Fee, Simply No surprises.

Highest Ethical Standards - Oden's agents and staff adheres only to the the highest Ethical Sandard in the industry, You, as customer, will be treated with the outmost respect and receive only the best service and products available. 

 HOW DOES IT WORK?

Qualify - It's easy:

• At least 1 year in business
• 5,000 in monthly Visa/MC sales
• No open bankruptcies

Apply - Fill out the 5 Minute Quick Application, send it in and we will contact you within 24 hours to let you know how much working capital you qualify for.

Approval Process - We will request some additioonal documentation, verify facts and references and finalize the underwriting process.

Funded - Once you are approved and the repayment process is established, we deposit the funds into your business bank account.

Repayment - this process is done automatically, usually through your credit card terminal, where we take a small percentage of your daily sales.  No need to save up money and send a check, we only get paid when you get paid.