Best way to use Biz credit cards to fund fix and flips?

[Sean Dezoysa]

I currently use HMLs. 

- Plastiq.com will apparently shut down your account if you charge your own CC against your merchant account (major TOS violation). 

- With goldmoney.com to buy gold and then resell for cash there is a 5% loss on each transaction, making HML loans look cheaper.

All in all it looks like biz credit cards are ill suited to fix and flips especially when the purchase is from a government tax sale that requires a cashier's check. Or has anyone found another good option? Cash advances also seem to lose (GPT 4 comparison below)

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Cash Advance

Upfront Fee: 4% of $50,000 = $2,000

APR: Let's assume 25%

Total Cost: $2,000 (Upfront Fee) + $8,320 (Interest) = $10,320
Hard Money Loan

Upfront Costs: $4,000

Interest Rate: 12% per annum
Total Cost: $4,000 (Upfront Costs) + $4,000 (Interest) = $8,000

In this scenario, the hard money loan is cheaper by $2,320 over an 8-month term.