Whether a business is new or established, the need to increase working capital into a business for new developments or expansions occur quite frequently sometimes for the successful entrepreneur and business owner.
Some businesses may require the funds to finance a new idea or project which will provide greater success to their business within a brief period of time.
However, getting the finances for such requirements is not as simple as one may think. It will require a lot of time with strategies to prepare for meeting with the loan officer at the bank.
The standard procedures for applying for a business loan at a bank always needs a large stack of documentations along with convincing business plans showing how the business’s new projects or developments will improve the business’s revenues with very low risk, to even start the process of getting the loan.
“Even settling the loan application takes a lot longer
than you might expect”.
And even then, after the application is received and finalized there is that possibility that your loan application will most likely be revoked due to some vulnerable, procedural factors.
“However, this does not mean you should stop
seeking for additional financing”.
There is a greater and easier financing choice offered for raising money for your business, such as a Merchant Cash Advance. This is a simple concept which provides fast business financing and varies from $2,000 for you to $250,000 based upon your business’s gross monthly income.
This Is How A Merchant Cash Advance Works
If your business accepts credit card payments and takes in more than $2,500 on a month-to-month basis from your customers, then you can certainly can rest assured to receive the money you need based on a percent of your overall month-to-month credit-based sales.
The very best aspect of merchant cash advance is, the payment procedure is extremely flexible.
A smaller sized percent of your business’s day-to-day credit sales volume is used to pay back the merchant cash advance you received.
When applying for a Merchant cash advance also referred to as, Business cash advance, you will only need the basic essential documents relating to your monthly business’s revenue such as, the last 3 months of credit card statements, your driver’s licenses and a copy of a voided check from your business to move the funds into your business’s bank account.
“The application requirements is so fast and easy to complete
with very little amount of documentation.”
If the business owner has occurred bad credit score concerns then, NO WORRIES because, they will certainly get the financing they need just as quick and swiftly for up to $250,000 (and even more in some cases) within less than 24 hours.
After approval, the funds are immediately transferred into the business’s bank account.
A merchant cash advance is not a business loan but, it is sometimes referred to as, an unsecured business loan.
However, this type of loan option has helped many businesses that require fast and simple financing for their new development or growth.
Unlike the standard financing, you do not have to pay any application fees or offer security for the approval of the advance nor, will you need to deal with the strict regular monthly payments.
This is why a merchant cash advance is an exceptional loan alternative if concerning dreadful credit scores appear in personal credit or businesses.
So, if you have a business that that has been in business for at least 3 months and does accept credit card payments taking in more than $2,500 a month from your customers then, you can be approved to receive the money you need within 24 hr or less.
For more information by speaking with a professional business financial consultant, just call 866-688-5660 or, fill out a very short form at …. A Fast Merchant Cash Advance.com.
No comments:
Post a Comment