Small business financing solutions

Are you planning to start your own business but you do not have enough funds or capital? Do you also find it hard to qualify for traditional bank loan? Well, if you want fast and sure way of getting funds for your small business, consider the merchant cash advance. Merchant cash advance has become a widely accepted form of small business finance because it is fast, flexible and easy to obtain. Normally a small business loan requires personal guarantee and collateral, but a merchant cash advance does not.

Merchant cash advance companies offer lump sum payments in exchange for a share of future sales. They typically collect a set percentage of a merchant’s daily credit card sales until the advance and the premium for the advance is paid. Merchant cash advances are typically used by retail businesses, restaurants, or service providers that have strong credit card sales, but may not have strong credit or collateral.

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