No Upfront Fees
Business cash advances provide a business with opportunities to meet their cash flow needs with flexible payback options. These programs have some of the highest approval rates, making it widely accessible to businesses from all sorts of backgrounds. Bankruptcies, tax liens etc. we will find a way to get your business approved. Fast approvals mean that business owners don’t have to worry about waiting a lengthy period of time to wait for a decision as they would when working with traditional banking institutions.
A merchant cash advance is similar to a loan but it isn’t a loan. The funds are secured based on future, anticipated sales based off of the businesses’ revenue history. The merchant cash advance is more flexible in nature, which makes it easier for business owners to gain access to funds to meet their cash flow needs. Typically, a small percentage of the sales that are generated are applied to repay the advance. During the slower months, less is taken out because the deductions are based on sales generated.
Generally, businesses only have to supply three to six months of business bank statements. The ability to demonstrate that a certain amount of sales have been generated is a major factor in approving the business for funds. If the banking history is satisfactory with limited negative items, the business cash advance is all but guaranteed. There are not very many hurdles that are required in order to qualify for this program.
Qualifying for the program is very easy. One only has to submit an application with the requested banking information in order to see if the person qualifies. Business owners with all types of credit backgrounds have been able to qualify for this program. If you are a business owner and want to know whether or not you qualify for the program, submit an application today or call our specialists located in the USA only to help (414) 885-3336.