A business cash advance gives merchants immediate working capital and relieves temporary cash crunches. Savvy companies take advantage of business cash advances to expand operations, increase sales, and meet existing financial obligations.
Business cash advances are a reliable and effective way to quickly get money. Obtaining a business cash advance is dramatically easier than qualifying for a small business loan.
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Easy Qualification for Business Cash Advance
Three simple requirements for merchants
Accepts credit cards as a mode of payment
$1500 per month in credit cards sales for the past 3 months
In business at least 2 years
Fast Money Now With Business Cash Advances
It is far easier to obtain a business cash advance than to get a small business loan. Approvals for a business cash advances are quick. Merchants receive the money within a few days.
Business owners can have low credit scores. No personal guarantees or collateral are required for a business cash advance. There is hardly any paperwork involved in getting a business cash advance. The merchant can use the money from a business cash advance for any business purpose, with no strings attached.
Repayments are simple. A business cash advance is repaid automatically through credit card sales. The repayment of a business cash advance follows the revenue trend of the business.
There are no fixed payment schedules for a business cash advance. Cash or check sales are never used as part of the basis for calculating repayment. The business cash advance is repaid automatically only when the merchant has a credit card sale.
Business Cash Advances Beat Small Business Loans
Every business owner who has ever tried to get a small business loan knows how difficult it is to squeeze money out of a bank.
Having a good credit score is a necessary to get a small business loan. Unfortunately over 92% of Americans have credit scores too low to qualify for any small business loan including the Small Business Administration (SBA) Guarantee Loan Program.
The amount of paperwork required by a bank to apply for a small business loan is incredible. A bank requires financial statements, audited tax returns, business plan, a personal guarantee and collateral. Moreover, banks generally do not accept small business loans under $100,000.
Even if a small business loan is approved, a merchant is burdened with making fixed monthly repayments. A bank demands payments every month, regardless of the cash flow of the business.
View The Presentation on Easy Cash Advances for Businesses
Now, more than ever, business cash advances are the fastest, easiest way to get money. Apply today. Your business will thank you.
Contact us today and receive a free business cash advance custom quotation for your business.