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SIA is a boutique, off-balance sheet funding source to upgrade Hotel and Resort facilities
SIA is a boutique, off-balance sheet funding source to upgrade Hotel and Resort facilities
Settlement in Advance Inc., a Nevada corporation ("SIA" or the "Company"), is a boutique capital funding business founded in Las Vegas, Nevada, specializing in offering a unique, off-balance sheet funding alternative to businesses operating in the hotel and resorts industry.
The Settlement In Advance (SIA) funding is an alternate capital source. It is not a loan. The funding amount is based on the merchant's monthly gross processing revenue. (SIA) securitizes the unearned settlement of future credit card sales in advance of earnings as the basis of merchant funding.
Many hotels/resorts are contractually mandated to refurbish their property to maintain "good standing" within their reservation systems. SIA will not require the hotel/resort's fixed assets as collateral for funding.
SIA does not operate as a lender or a finance broker. SIA's funding facility will be implemented in a mutually agreeable manner that will not violate any pre-existing bank loan terms. We believe that SIA offers hassle-free access to capital that seamlessly integrates within each hotel/resort's existing operations while conveying a competitive advantage over traditional sources of financing.
Las Vegas, Nevada, United States
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