Access the working capital you need to keep your business growing
Posted by Saman Dian, E-Commerce Exchange, FBS, Can Capital, Rapid Advance on 5th May 2016
In this tough economy, many businesses are struggling to stay afloat. Others need to expand.
That's why we have made Merchant Cash Advance/Loan Easy, Fast, and Affordable for you
What is Merchant Cash Advance/Loan?
A Merchant Cash Advance/Loan provides business owners with access to their needed capital. It's not a traditional bank loan! The funding company advances the cash by purchasing a pre-determined amount of the business sales volume sold through a credit card merchant account.
Business owners can qualify for a Merchant Cash Advance from $4,000 and up to $2 Million per location with our programs.
Here are some of the examples of how business owners can put Merchant Cash Advance/Loan to work:
- Advertising
- Expansion
- Equipment
- Working Capital
- Inventory
- Renovations
- Taxes
- Bills
- Partner Buyout
- Emergencies
- Or anything else needed to help business
Merchant Cash Advance/Loan Process
- Approval usually is obtained 24 hours after the receipt of the required documents
- Minimal Paperwork
- No Collateral Needed
- Funding within 6-9 days of approval
- Easy Payback Terms and Conditions
Too good to be true? Think again. Thousands of business owners have grown their businesses with our Merchant Cash Advance programs.
For more information you can also go to our Merchant Cash Advance Business Loan or our FAQ pages on our website.
Why choose a Merchant Cash Advance/Loan over other sources of capital?
Are you low on cash and need working capital to fund operations quickly? Don't want the fixed monthly payment of a traditional business loan? A Cash Advance is the perfect solution for your business funding needs. It is also an excellent way to access working capital in a "cash-flow friendly" way by making daily remittances.
- Advantages of a Merchant Cash Advance:
- You don't need a stellar credit history to qualify.
- Cash-flow friendly! Your business remits less on slow days and more on busy days to keep cash-flows smooth.
- You don't have to worry about fixed monthly payments during tough times, and there is no set maturity date. This enables your business to be more flexible financially while fully funding all of its operations.
- The remittances are automatic and don't require you to write any checks.
- Getting a Cash Advance/Loan is faster and easier than obtaining a traditional loan, making your much needed capital more accessible when you need it quickly.
Advantages of Loan Programs
- Loan : The traditional loan is a lower cost option for merchants that have at least 2 years in business and a FICO score of at least 620.
- High Risk Loan : The high risk loan is a lower cost option for merchants that have been in business for at least 2 years and a FICO score of at least 580.
- Loan with MCA Pricing : The loan with MCA pricing is an ACH option for merchants that would not qualify for a loan due to time in business or low FICO. The pricing is the same as the MCA, however the repayment is a fixed daily ACH.
Program Features:
- Fast Funding
- Easy payback process
- No financials required under $100,000
- No application fees
- Approvals in as little as 24 hours
- Factoring fees are tax deductible
- No collateral required
- Builds business credit