First Existing Business Loan Program without Interest
MerchantCashinAdvance is the first ever merchant account provider to present Interest Free Merchant Loans to small business owners nationwide. The merchant credit processing volume determines the loan amount. This program is best for business owners in need of paying off a high interest credit as well as other debt.
Unfortunately, numerous business owners have struggled due to the weak economy within the past three years; leaving many entrepreneurs to find it complicated in obtaining work capital for their present business. MerchantCashinAdvance has then designed a "90 Day-Interest Free Business Loan" program that allows extra cash in the hands of these struggling business owners.
This interest free business loan program has not at all been offered previously in the Merchant Cash Advancing. MerchantCashinAdvance will loan up to $500,000 or 50% of a business's credit card processing volume for 90 days interest free as an advantage for switching their merchant account provider to MerchantCashinAdvance. Fortunately, the merchants present Visa and MasterCard processing rates will not be increasing to pay for the loan taken; which amazingly creates a true interest free business loan.
These qualified merchants have the right to use the loan money for business and/or personal use. MerchantCashinAdvance will deduct a small percentage of the merchant's credit card processing transactions to repay the loan.
Merchants who desire additional funds can combine the Interest Free Business Loan Program with a traditional merchant cash advance.
Return to the Merchant Cash Advance Homepage.
Posted on: July 18, 2011 10:14 PM
An interest free loan is the best thing that any small scale or large scale business needs.In these harsh economic times,most businesses need allot of money both for stabilization and for growth purposes.Its very hard to find such interest free loans more so from banks and other financial institutions but thanks to Merchant cash advance,merchants can enjoy this once in a life time service.
Posted by: Christopher | July 21, 2011 04:36 AM
Banks always take up to 14 working days to process loans and that may not be what any small scale business would settle for.Most financial needs for businesses call for a prompt solution.On the other hand,the other advantages are also better than the ones offered by other financial institutions.Any small scale business can make good of such services.
Posted by: Peter | July 20, 2011 06:09 AM
Most small scale businesses do need these types of loans that are interest free.The requirements for the loan to be processed are also attractive and can go a long way in helping business owners to propel there businesses to the next level.
Posted by: James | July 19, 2011 05:44 AM
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