The Importance of a Small Business Merchant Cash Advance
Merchant Cash in Advance: Small business certainly plays a vital role in today's economy. It is now easier than ever to establish a new business in America. According to the US Small Business Administration, small businesses pay over 45% of the US private payroll. Small businesses also employ over half of all private sector employees and provide 60-80 percent of new jobs over the past 10 years.
With about 28.5 million small businesses in the US alone in 2005, virtually all financial institutions now offer small business loans to qualifiers for a percentage. So why apply for a small business Merchant Cash Advance?
Keep Track of All Your Small Business Expenses for a Merchant Cash Advance
The first and most obvious reason for a small business credit card is to separate personal finances from business related purchases. With your small business Merchant Cash Advance, you can make all your transactions by phone, internet or in person. Then get periodic Merchant Cash Advance statements detailing all of your business expenses.
Business Merchant Cash Advances give your business a merchant account allowing payment accepted virtually everywhere. Covering business purchases with employee's personal money can get very messy. So instead of relying on business loans, use a Merchant Cash Advance. Most Merchant Cash Advance issuers offer a Merchant Cash Advance limit, with the small exception of Merchant Cash in Advance.
Establish Your Small Business
A Merchant Cash Advance with your gives your business credibility. A business Merchant Cash Advance gains the respect of financial institutions. Just by obtaining a business Merchant Cash Advance, your business can build equity. So when you need an additional business loan, you will get the best interest rate and qualify for higher amounts. As your Merchant Cash Advance builds you might also qualify for a higher limit business Merchant Cash Advance.
So even if your business doesn't have a 6 figure budget, a business Merchant Cash Advance could help your business grow. You never know when your business might suddenly need extra money. Office equipment might need immediate replacement. Without a business Merchant Cash Advance, financing could drastically interfere with your daily routine.
Earn Rewards with a Business Merchant Cash Advance
You can also save money and earn rewards with Merchant Cash in Advance. Certain business credit cards give you cash back on all your purchases. Other cards give you varying cash back percentages depending on where you shop…gas stations, grocery stores, office supply stores, etc. A cash back business credit card is a great way to increase your profit margin.
Other cards give you airline travel rewards just for using your credit card. . For instance, if your company has frequent business plane trips, then small business credit cards that offer travel miles, hotel accommodations or travel insurance are most suitable. This type of credit card could give you travel discounts, free flights, free companion travel or upgraded flight seating.
Not only does a small business credit card provide convenience and rewards, it also helps to build business credit for the future of your company as you watch it grow! Research the business credit cards available and find the card that best suits your business needs. Finance your business for today and tomorrow.
Obtain a Merchant Cash Advance for your Small Business Today.
Speak to a specialist at 877-898-7303.
Posted on: August 3, 2011 04:04 AM