Received a mailing today with a "Congratulations on Your Pre-Approved Platinum Business Account!".... Blah Blah activate your line by calling or going online to www.forwardline.com/activate
I think its one of those scams that change your merchant account to their company and they loan you money but take a percentage of your settlements to pay back the loan. Anyone else get one of these in the mail?
i think they are a merchant advance company...they will take a % of future sales.....but did not know they offered a CC...i thought they just offered merchant cash advances....and yes..usually they want you to switch processors
It sounds like you received one of ForwardLine’s Pre-Approved Platinum Account offers. We can assure you that this is not a “scam” but rather a legitimate offer for business financing. ForwardLine does indeed provide merchant loans (or merchant cash advances) to small businesses based on a qualifying merchant’s monthly credit card sales. If this sounds like something your business could use, please contact us and we’d be happy to assist you. Otherwise, we wish you the best of luck and much success.