American Finance Solutions (acquired by North American Bancard)
Financial ServicesCalifornia, United States11-50 Employees
American Finance Solutions is a financial services provider that offers working capital through unsecured loans and credit card receivable financing for small- and medium-sized businesses across all 50 states. It targets retail, restaurant, and service sectors with fast, low-documentation financing suitable for applicants with imperfect credit. The company is based in Gardena, California, and, in January 2015, was acquired by North American Bancard Capital (formerly Rapid Capital Funding), now part of North American Bancard. Its funding can be deployed with few restrictions, and repayment terms are flexible, involving daily or weekly ACH payments or a small percentage deduction from daily credit card sales. There are no upfront fees or charges associated with the financing.