subject: Uses Of A Business Cash Advance [print this page] Being short on funds can hinder a business from reaching it goals and performing at its best. When a business owner does not want to take out a large new business loan, or does not qualify for a business loan, other options exist for keeping the business on the right financial track. A business cash advance is one of those options.
Business cash advances can be used on anything that helps keep the business running smoothly. If your business is behind on a few bills, you can use the cash advance to catch up on the payments. If your business has equipment problems, you can use the cash advance to purchase new equipment or get the old equipment repaired. Business cash advances can also be used to cover other business costs such as marketing campaigns, staff compensation and professional fees for trainers or accountants. Virtually any expense that the business accrues can be paid for with the funds from a business cash advance.
At UnsecuredBizLoan.com, we make it easy for you to apply for the cash advance because our application is available online 24 hours a day. The short two-step application just requires basic information about you and the business, including sales volume and when the business started. In order to qualify, we do require that you have at least a 680 credit score and no derogatory marks on your credit report. Once you are approved for your business cash advance, you will receive the money quickly so that you can meet any urgent financial needs the business may have presently.
If you are the owner of a small business, you need a business credit card regardless of whether or not you need access to a line of credit. Sure, business credit cards can provide you with quick capital in case of an emergency, but you may not know that there are other resourceful ways of using a business credit card to your companys advantage.
Tracking Business Expenses
Chances are, you have multiple business expenses. As your business grows, the amount of money you spend each month will probably increase as well. Unless you employ a full time accountant, keeping track of those expenses can present a real headache. Business credit cards offer one-stop business expense tracking from a single account.
Instead of balancing the checkbook every day and documenting every expense, you and your employees can charge all of your expenses to a single account that you can pay off each pay cycle. You will accumulate little or no interest, and your credit card statements will reveal exactly how your company is spending money.
Making Money Off of Credit Cards
Credit card companies are in business to make money, but the only way they make money is by getting business owners to charge more and pay off less. If you are responsible with your spending and repayment habits, you can get cash back or travel rewards on the purchases you make. Depending on the rewards program on your credit card, your business may be able to earn as much as three percent cash back on everyday spending. Other rewards include free flight tickets and discounts on fuel at certain gas stations.
To apply for funding for your small business, use the form on the right to begin the application process.
For more information, go to Business Cash Advance at http://www.unsecuredbizloan.com/business-cash-advance
