The New Way to Get a Business Loan is a Merchant Cash Advance
A merchantcashinadvance is a way for small and medium size businesses to gain access to money in today's depressed economy. It is rapidly becoming popular because the standards for getting this type of loan are much different than a bank would have. With a bank, they want a business to show a good credit rating and have some assets to borrow against. Add to that, the time it takes a bank to process a loan and the time is often too long. Sometimes a business needs money now. Merchant cash advances help businesses access cash when they need it most.
It may be a simple case of cash flow being interrupted for various reasons. A merchant cash advance is when money is loaned based upon a company's sales. These sales are specifically those that are paid with a credit card. These types of lenders take a portion of the credit card transaction as payment for the loan, so a business that is making money is a business that can get this type of loan. The higher the dollar volume of credit card transactions, the higher the dollar amount of the loan that will be available. A merchant cash advance is a safe approach to accessing cash.
Receive Merchant Cash Advance Finances by speaking with a Merchant Cash in Advance representative at 877-898-7303.
Posted on: June 30, 2011 02:06 AM
Initially,banks were the sole source of funds for businesses.With the advent of merchant cash advance, merchants now receive cash in a timely manner.The advantages of merchant cash advance far much out-way the advantages of banks and other financial institutions. The terms one has to adhere to when dealing with merchant cash advance are much easier to comply with.
Posted by: Patrick | July 21, 2011 07:52 AM
Merchant cash advance has all that any serious business would ask for.The fact that the requirements for any small scale or large scale business to qualify for money are easier than those stipulated by the banks,makes it even more appealing.Every business needs something from which they are also prone to benefit.
Posted by: David | July 20, 2011 04:02 AM
Most small businesses in this modern society cant attain the levels of security demanded by banks before they advance loans to them. The method of payment of the given loans given by banks are stressful and economically denting. But when one considers the way,terms and conditions offered by merchant cash advance,its far much better for all small businesses.Its gives chance for businesses to start while on the other hand giving room to existing businesses to grow to the zenith.
Posted by: Henry | July 19, 2011 03:51 AM
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