Business Owners Resource For Business Financing
A Business Cash Advance is an actual advance given to an existing business owners or existing merchants in exchange for a small percentage of that future credit card processing sales and future deposits into your checking account.
This type of financial product has been offered for nearly ten years and it’s also known as a Merchant Cash Advance. Although it may seem similar, it is not a traditional business loan. Instead, an agreed fee amount or agreed fixed percentage of the total advance is paid in addition to original amount of the merchant advance.
Qualifying is extremely easy and fast. Business owners must have been in operation for at least six months, and the business must be able to accept and process credit cards for purchases. Most business experiencing challenged and poor credit score, don’t worry it’s OK. Unlike bank loans our advance programs focus on finding ways to fund, no collateral and limited paperwork usually required by banks. This ensures fast business funding to our customers.
In today’s economic climate even if you have good credit and you’ve been operating profitably getting a business loan is not so easy. Business Cash Advances or Merchant Cash Advance has solved that problem offering fast, easy access to working capital.
Review some of our financial programs.