Merchant Cash Advance
The availability of cash can make the difference between closing a deal or watching it fall through. Essential funds can help business owners meet payroll or stock up on inventory. A merchant cash advance lets you close a deal when you want to or need to and not when a bank approves a loan. While time may make no difference to banks that can take up to two months to approve a traditional business loan, it matters a lot to you when you need money within days to close a deal, pay suppliers or maintain inventory.
Taking a realistic approach to working capital.
A funny saying in the industry is "To get a business loan, first you have to prove you don't need it". Banks use severe qualifying requirements that shut out many owners who need a small business loan. They make it too hard to raise funds for a company. A merchant cash advance offers an excellent alternative. With more relaxed criteria for credit requirements, it offers flexible terms with a realistic approach to delivering the money that business owners need. The advantages outweigh the options of the traditional Small Business Loan that banks offer from a time and chances of approval perspective.
If you enjoy getting the respect that you deserve as a successful business owner who has an immediate need for cash, a merchant cash advance may provide exactly what you want.