Small Business Cash Advances: The Way For Achieving Business Success
The road to success for any business ventures is full of hurdles
. The main hurdle for the initiation of any venture is the requirement of funds. The financial crunch in the business can lead to severe consequences and may have long term effect on the business.
The merchant cash advance is a boon for the small business financing. The merchant cash advantages have several features for receiving the overall business sustainability. With the help of the merchant cash advances the overall working capital, cash flow and other business contingencies can be fulfilled. Through the merchant cash advances, the business is eligible for receiving up to $250000 for multiple units of your business, that too within 72 hours to 7 days. The various business types financed by the merchant cash advances are:
Restaurants business financing
Bars and Nightclubs business financing
Wine, Liquor or Party Stores business financing
Beauty Salons and Spas business financing
Automotive business financing
Cellular Stores business financing
Pet Stores business financing
Floral Stores business financing
Retail Stores business financing
Shoe stores business financing
Optical stores business financing
Internet parlors business financing
Taxi services business financing
Real Estate Business financing
Seasonal Business financing
Hotel Business financing
Dentistry Business financing
Dry cleaning Services business financing
Furniture shop business financing
Gas stations business financing
Home improvement business financing.
The merchant cash advance has a hassle free, simple and smooth procedure with very less paper work involved in it. For obtaining the merchant cash advances you business should have the following features:
Your business should be based within the US
Your business should accept the credit and debit card (Visa/ MasterCard) as mode of payment from the clients
Your monthly turnover should be a minimum of $5000 per month.
The following features are added on to boost the small business financing:
There is no requirement of payment of fixed amount. The amount is repaid by a small fixed percentage deduction being reverted to the business cash advance provider. There is also no fixed time schedule for the repayment. The repayment is made as and when the sale is generated in the business.
Poor credit score are accepted in the merchant cash advances, whereas in case of the other business loans the loans are rejected at the spot for poor credit score.
No hidden charges are deducted.
No need of paying the bills, no finance or tax returns.
Receive the approval for the merchant cash advances within 24 hours.
No application fees, start up or any other fees being imposed on the merchants for application .
Receive an unsecured business cash advance option without requirement of any security collateral or personal guarantee.