business cash advance loan merchant

Merchant cash advances.  These business loan alternatives are becoming very fashionable these days. Why?  There are a lot of reasons.  Let’s take a look at some of the reasons why they are fast becoming the business loan of choice among smart entrepreneurs.

Business loans are hard to come by. Banks are simply not lending as easily as they did just a few short years ago. Here is an interesting fact. A recent study found that banks approved only 16.9% of all business loan applicants. That is, to me at least, a staggering figure.

More than 80% of business owners get denied for a loan.  Where are they to go to get working capital for their businesses?  Many are turning to merchant cash advances. We, at The Business Cash Advance Company, approve over 90% of all people who apply for a merchant cash advance (click here to visit our website)

How can we approve 90% when the banks approve less than 20%?  Well, we look at different criteria.  Banks scrutinize your credit.  If you have bad to average credit, good luck trying to secure a bank loan. You will not make it past the first round of decision makers. Our merchant cash advances are not approved based on your business or personal credit scores. Do not let past credit issues stop you from getting business funding. We can help. You can learn more at our website.

Banks will also want to know what you will use for collateral.  Collateral protects their interests.  It also puts your business assets at risk.  Not with a business cash advance.  Our loans are unsecured.  This means you do not have to put up any collateral with us. For this reason alone, many business owners use our merchant cash advances. They know it is  safer deal than dealing with a bank.

To recap, the banks want great credit and they want collateral. Our business loan alternatives do not require either.  Can you see why merchant cash advances are getting so popular? But there is even more good news. A merchant cash advance is fast. Really fast.

Let’s go back to the bank.  Applying for a loan from them is akin to getting your teeth extracted.  It is a long and painful process. There are a ton of papers to maneuver through. Filling them out takes a ton of time and effort on your part. Then there is the waiting...and waiting for an approval.  The process can take months.

A merchant cash advance is different in many respects.  The application process is contained on a single page form.  It only takes you minutes to complete and we give you an answer within one business day. Better yet, once approved you get cash in your bank in days. We lend up to $500,000. How much can your business grow with that type of fast cash access? Whta would you do with that money?

Our clients are very creative.  They find ways to use their cash to grow their businesses. We love hearing their success stories. We have a client who always gets a cash advance before the holidays to buy more inventory to sell during his “rush”.  He is in the collectible business and his holiday sales are in the six figures. Buying inventory is just one way to use your business advance.  You can open a new location, get equipment upgrades, hire more personnel. You are only limited by your imagination.

Here’s a fact many business owners do not know.  A merchant cash advance can be used for your family needs as well. We had a client recently whose in laws were moving into his home.  His current home was not adequate for the new generation moving in, so he had to buy a bigger home.  He did not want to wait for his current home to sell, so he got a business cash advance.  He used the money as a down payment on a new home. Simple, safe and affordable.

Paying back a merchant cash advance is easy. Instead of making you write a check once a month, like a bank, we take a small percentage of your sales as they come in. You agree to the percentage before we fund the loan so there are no surprises.  You do not have to change your credit card processor.  We do not even require that you accept credit card payments.  We can work with any business model. As you get paid, so do we.  Eventually, you repay the loan.  this systems works great for businesses.  It is a payback model based on cash flow. This is another reason why so many business owners come to us to fund their businesses.
If you want to learn more, give us a call or follow this link to our website. We have the experience needed to help you select the right business loan product.  We offer our advice at no cost or obligation.  We are here to help. Let’s see if a business cash advance is right for your business.

business cash advance is a solid choice for many of today’s business owners. Times have change. The economic forecas

A business cash advance is a solid choice for many of today’s business owners. Times have change.  The economic forecast isn’t rosey. Traditional lenders only give out loans to their top clients. A business cash advance is a great way for the over 80% of businesses who can not qualify for a bank loan. But there are many more advantages of a loan

It’s quick.  A business, or merchant, cash advance is a fast way to get the money you need.Banks take their sweet time when it comes to giving out a loan.  The application process may seem like you are being vetted for Vice President. That part of the process alone can takes weeks. Our application is just a page long. You can completely fill it out in minutes.

But that is only part of the quickness of a business cash advance. We fund our clients in days. With us, you can get a fast merchant cash advance . Banks take way too long for you to take advantage of urgent opportunities. Let’s say an opportunity is presented to you.  You have to act quick because the sellar of the low cost goods, for example, needs the money right away. If you needed fast cash, a bank is not the place to turn. Consider using a bca.  You could jump on that opportunity and help grow your business.

How can our business cash advance programs be so fast?  There are many factors.  First, we do not disqualify you just because of your credit profiles. Banks dismiss people all the time because they do not meet their high credit standings. We don’t. We do not dismiss you because you had some credit issues while you were building your business.  We understand. We reward you for building your business and base your qualification on today’s income level. If you thought you could not get a bad credit business loan, think again.

We also do not ask for collateral.  Banks will ask. They will also take the time to make sure what you are putting up is up to their standards as well. All of that is time consuming. A business cash advance is an unsecured form of a business loan. We take all the risk. Should something happen, you are covered.  Not so when you deal with the bank.

Banks are slower than a business cash advance and they are more risky for you. I hope you are beginning to see why so many highly successful entrepreneurs choose a bc advance over commercial loans; even when they can qualify. They know they can keep their business assets safer this way. They also know it’s easier to pay back this loan

Paying back a bank loan involves a fixed monthly payment. There is no wiggle room.  You must pay the exact amount each month. If you do not?  Well, say goodbye to that valuable asset you used to secure the loan. With a business cash advance, we need not worry.

There are no fixed payment worries with a business cash advance. After you are approved we go over a variety of payback options.  We want you comfortable. Each option will be a small percentage of your future income. As you take in money from your business, a fraction comes to us to pay off your loan.  It really is that simple.  Your advanced monies based on future sales. Your future sales help pay off your loan. In a sales slump?  No need to worry.  We get repaid less that month. The reverse is true when sales are up. Some of our clients don’t even feel the repayment.

You might be wondering how that is possible.  Think about it.  You are a business person. Imagine if you could jump on that opportunity we referred to earlier. Let’s say you bought goods at 30 cents on the dollar. As you sold the goods, your repayment amount could be less than your profit. It can make sense, dollars and cents, to use a business cash advance.

You are not limited to using your funds for goods.  You can use them to expand your business in a lot of ways. Advertise. Invest in new equipment. Train staff. There are no limits.  You can even use your business cash advance at home as well.

We know. Things happen.  Life can be messy.  You can use your business cash advance to clean up some of those personal messes. Our philosophy is, it’s your earnings.  Do with it as you wish. We have many clients who have used their business cash advances to make a down payment of a home.  Some have used the money for their child’s college tuition.  Whatever the need is, think bca. It is the right tool when you need cash right away, business or personal.

Leanr more about a business cash advance by contact us.  We, at The Business Cash ADvance Company, are experts.  We take the time to listen to your story.  We then use our knowledge and experience to suggest the right loan program to meet your needs. Give us a call toll free