You
can get money for your business quickly by borrowing
against your future credit card sales. This
type of financing is known as Merchant Cash Advances. These
loans use your past and current credit card history
to determine how much financing you can be
approved for. Money
is advanced to you based on how much you process
each month in credit card transactions. Then
a small portion of each future credit card sale goes
towards paying back the merchant advance loan
not interfering with your cash and check receipts. There
are no fixed repayment amounts or terms which
gives flexibility to your business if you are having
a slow month. One
of the best benefits of merchant advances is you
can receive money in your bank account as soon
as 24 hours after approval. Another
great benefit of merchant loans is you don’t
have to have good credit to qualify. These loans
leverage your positive credit card processing history
to get you approved, not your credit scores. There
are some credit score restrictions, but in most
cases you can be approved with even below average
personal credit scores. And
there is no personal guarantee required and no
collateral is needed. Merchant
loans can be obtained up to $150,000. How
much you will be approved for will be determined
based on how much you process in credit
card transactions each month. Every
business has its strengths and weaknesses. If
you use credit cards as a payment source for your clients,
a merchant advance can be the perfect way
for
you to obtain a lot of money in a short period
of
time. These
loans are available for businesses that process
as low as $3,500 monthly in credit card transactions.
And the higher you do process the higher
advance loan you will be approved for. There
are no application fees and no out-of-pocket costs. And
you can use the funds for payroll, marketing, increase
business inventory, pay taxes, pay rent, advertising,
order supplies and equipment, expand your
business and open an additional location, or use
the funds for working capital. Merchant
Advance Loans are a great source of capital
for your business and is 1 of over 30 core funding
products available with me.
Your
money is waiting, contact me directly so we can
get you access to your own funding suite and start
putting $$$ in your pocket today.
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