Are you a small or mid-sized business looking for quick and easy cash access? Do you have bad or even good credit? If so, a merchant cash advance may be the perfect option for you. This is a great alternative to a business loan and eliminates specific, inconvenient, and non-flexible payback guidelines concerning payments and time.
They provide the perfect opportunity in an economy where it is difficult for anyone to obtain a loan, no less at a reasonable rate. Even better, a business approved for such a cash advance would be provided with a payment given in one lump sum. These advances are ideal for restaurant and retail businesses since they do usually gross high credit card sales. However, these loans are available to any small business looking for such cash access and meeting the qualifications. Companies without strong credit or collateral are also considered for one.
The exciting thing about a merchant cash advance is that it is truly catered to fit the needs and financial success of your business, as the approval amount is based on sales volume, business history, and business relationships. The way that this works is that your future MasterCard and Visa receivables will be converted into instant cash for your business In addition, the whole process can take very little time, with pre-approvals in 24-48 business hours and funding taking place in as little as ten days.
If you are approved, a merchant cash advance funding company such as http://www.moneybagsfunding.com will work with you and your business to figure out the best repayment terms for your business. Repayments are based on a small fixed percentage of future Visa and MasterCard receivables.
The convenience of such transactions is that is that they are automatically applied to the balance owed on your advance. In addition, the motto of this type of capital is “we don’t get paid until you do”. This means that paying back this business capital is truly based on the financial success of your business and even considers business during slow times. You will never feel as though you are unable to make payments, as they always based on your financial intake.
Take a merchant cash advance into consideration for your business today. There is no lengthy or complicated paperwork and no upfront fees. This is truly a great business investment and can be used for any business need.
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