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What is EFTPOS funding?
What exactly is EFTPOS funding, and why would a business use this method?
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1 Answer
I know nothing more about than what I found on the internet.
Loans are paid back by giving the lender a portion of your EFTPOS sales.
Electronic Funds Transfers / Point Of Sale.
Why would anyone do it? I'll let someone else answer that. My first impression is; I wouldn't do it unless I had absolutely no other alternative.
Thanks,
Tony
Anthony C. Gruber, CPA
President, Viser Business Tools
www.FinancialFirmTemplate.com
www.SmallCompanyTools.com
www.401kTest.com
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