Qualifying for a small business loan in today’s economy is difficult, but a business cash advance can be an easy alternative.
A loan is a lengthy and complicated process that includes excessive paperwork, low approval rates, collateral, and personal guarantees. Business owners also have to deal with security, fixed monthly payments, and restricted use of funds. Merchant Cash advances, on the other hand, offer all the convenience that comes with higher approval rates, fast processing, and the fact that you don’t need to have perfect credit to receive a merchant cash advance
- Easy access to cash
- Merchants can apply in less than 3 minutes
- Merchants can qualify for 1 to 3 times their monthly credit card volume (average advance is 150% of monthly credit card volume)
- Very little paperwork
- Over 70% of qualified merchants are approved
- Merchants are funded within 6 to 9 business days
- Merchants can use the money as they see fit (i.e., expansion, inventory, pay down debt, purchase POS system, etc.)
If your business could use some immediate working capitol or have questions call 888 790 3450
Posted in Cash Advance