Small businesses can now get financing without the hassles of traditional credit-based financing.

San Pedro, CA August 5, 2004 -- Small business financing is becoming increasingly hard to secure these days. With more and more businesses starting each day, lenders are raising their credit standards, largely discriminating against new small to medium sized businesses with little or no credit rating. However, these companies need all the financing they can get.

GH Financial group, in conjunction with partners based in Colorado, has incorporated the debt-less cash advance program into its retail merchant payment processing services. The advance is based on a calculation of anticipated credit card receipts, and uses them as collateral. The advance is then paid off by an automatic fee added to each transaction until the advance is repaid. The process is completely automated so the retailer will never have to send in a payment. The cash advance is not credit-based and is available to all retail merchants with accounts processing more than $2,000 per month.

GHFG is a provider of non-traditional capital solutions to merchants and commercial businesses. The company, headed by president Will Hinojosa, operates out of its San Pedro office, while its capital partners are located throughout the country.





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