Thousands of small businesses have been going under every month because the owners are either unaware of, or think they won't qualify for a business cash advance (sometimes referred to as a merchant loan). I think that some people have been conditioned to think that if they have bad credit, they will never be eligible for any kind of funding. I know this because I hear the surprised reactions of the many people that have been funded through the company I work for.
For those of you who are unaware of what a business cash advance is; it is a loan alternative that does not rely on good credit to get you funded. They use your businesses sales history as the basis for funding you. What that means is; you can still get working capital even though you have bad credit, so long as your business continues to make sales.
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Get your money much faster than with a bank loan
Although most people apply for a merchant loan because they've had trouble getting funded by the bank; many go with a cash advance because they need the money much faster than the bank could provide.
I'm sure that many of know how long it takes the bank to process a loan. It could take several weeks before you actually see any money. A business cash advance is much, much faster. In fact, they can get you funded in less than a week in many cases. That is a fraction of the time it takes a typical bank loan.
Whatever your needs are, and whatever your situation; a merchant loan can help your business achieve its financial goals. CLICK HERE to learn more or to see what a business cash advance can do for you.
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