WHY WORKING CAPITAL

FREQUENTLY ASKED QUESTIONS

• Who is NBS?
  
• Why use NBS?
  
• How does the NBS program work?
  
• Will the payback with NBS be tied to my credit card sales?
  
• Do I have to participate in any marketing or rewards programs to get cash from NBS?
  
• How much cash can I get and how do I qualify?
  
• How do I get the money?
  
• How does NBS get paid back?
  
• How do I apply?

Q: Who is NBS?
A: National Business Services (NBS) is a Las Vegas Licensed Finance Lender based in Las Vegas, Nevada.  NBS specializes in providing working capital for restaurants, small businesses, boutique hotels, retail establishments and hospitality businesses.

Q: Why use NBS?
A: Adding a partner to your business can cost you valuable equity and could mean a loss of control. Other cash providers that receive their payback through credit card sales and/or membership programs can create cash flow consequences and accounting nightmares. Don’t lose control of your business! Use NBS and get the cash you need without all that hassle.  Want more? How about some of the most competitive rates in the industry, a simple and quick approval process, and flexible financing options?

Q: How does the NBS program work?
A: We’ve created an affordable, simple, and flexible approach to providing working capital of $5,000 to $500,000. You’ll receive the cash fast; often in 5 to 7 business days!  We provide some of the most competitive rates in the industry.  With NBS, choose a payback schedule that works best for your business. Choose one of our standard 26, 40 or 52 week loan packages, or let us create a custom package starting from 4 weeks and up. If your business has seasonality issues and needs cash flow relief during your slow periods, we offer seasonal amortization payment schedules to do just that for merchants who qualify.

Q: Will the payback with NBS be tied to my credit card sales?
A: No. Many cash advance companies receive their payback by deducting up to 30% from your daily Visa® and MasterCard® sales. They may require you to change your credit card processor, and loan amounts are based solely on your Visa and MasterCard sales. NBS requires no change in your credit card processor and loan amounts are based on your total annual sales! Why let some other company dictate who you use to provide your business’s critical services? In addition, your interest is tax deductible, further reducing the borrowing costs on our competitive rates.

Q: Do I have to participate in any marketing or rewards programs to get cash from NBS?
A: No.  We do not require you to sign up for an unwanted marketing or rewards type program that relies on either a registered card platform or credit card transactions to receive working capital. Often times, these types of programs have hidden costs involved like funding tax and tip, or they cannibalize your sales growth by simply repaying your cash advance back using your existing customer base.  Why let some other company reap the benefits of your hard work?  Our philosophy is simple; we offer you lower and more cost effective rates. Cheaper, Simpler, More Flexible Financing is all we do!

Q: How much cash can I get and how do I qualify?
A: Our loan options include new (under 1 year) and existing businesses. We utilize actual gross sales to establish your potential loan amount.  Potential loan amounts typically vary from 4% to 8% of annual sales (based upon current or projected sales) based upon credit worthiness. Example: If your average monthly sales volume is $100,000 or $1,200,000 annually, your potential loan amount is $48,000 to $96,000. If sales increase over time, you may qualify for additional cash. All loans are subject to NBS’s standard underwriting criteria. 

Q: How do I get the money?
A: After your loan is approved, we typically wire transfer the loan proceeds directly to your business account. The wire method is quick and efficient, normally executed within 2 to 3 business days of approval. A traditional check can be mailed to you if you prefer. Disbursement options are available to pay vendors directly for equipment purchases. This enables you to free up cash for other important purchases and expenses.

Q: How does NBS get paid back?
A: Simply.  Once a week we process an ACH debit from your authorized business checking account. This ACH debit remains the same over the term of your loan. You’ll know what to expect and can set your budget accordingly. We don’t require automatic renewals or continued commitments once your loan is paid, but if you choose to renew, the process is quick and easy!

Q: How do I apply?
A: Apply Now, call us at 702-405-9075, or Email Us and speak to an NBS financing professional.  From there, we can establish your loan needs and start the process.  You’ll be asked to fill out a simple loan application form and provide 3 months of your most current credit card and bank statements to document sales. Once submitted, we will do the rest. Proceeds can be wired directly into your bank account. The whole process is easy and typically takes five to seven business days!

*Loan approval, loan amount and interest rate are based upon applicant’s credit worthiness and NBS’s standard underwriting guidelines.