Tuesday, May 7, 2013

Business Merchant Cash Advance!

Small Business Owners Looking For Real Cash For Their Business Read Below!

Get Funding From Private Investors When Your Bank Says NO!

The Pros and Cons of a Merchant Cash Advance

"When you're running a small business, it's tough to always have enough cash on hand. If business ever slows down or some unexpected ...www.goodfinancialcents.com/merchant-cash-advances/
One way to get extra money to keep your business running is through a merchant cash advance. With these deals, you get a lump sum payment in exchange for some of your future credit card sales.
While a merchant cash advance has a few nice benefits as a source of financing, it also has some serious disadvantages that you need to consider.

Fast Payments

With a merchant cash advance, you get your money fast. After you submit your application, you should receive your advance within a week. Some companies pay as quickly as within 48 hours. In comparison, it takes several months to get money through a bank loan. When you’re in a financial jam and don’t have time to wait, a merchant cash advance could be your way out.

Easy to Qualify

As a small business, it’s very easy to qualify for a merchant cash advance. Some companies only need to see the past records of your credit sales; they want to make sure your business is making enough to pay off the advance. You’ll likely need to have averaged at least $3,000 a month in credit card sales over the past 6 months to qualify. In addition, companies may also want to review your credit history and ask for your plan for the money. Overall, this is a much easier process than a bank loan."
Business Merchant Cash Advance
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