Merchant Cash Advance and Growing Businesses

Owners of growing businesses who do not have a good credit card history can turn to a Merchant Cash Advance to get their company funded. The advantage of getting a merchant cash advance (MCA) is that your business will have the chance to get funded while it is still growing and does not yet posses a good credit history or sales record.

Because of the high numbers of small business owners that are rejected in obtaining a traditional bank loan, more and more entrepreneurs go for a merchant cash advance instead. They offer easier and much quicker funding for any type of developing businesses without the need for complicated agreements.

The MCA funding process is basically a form of credit card factoring. Here, selling a percentage of your daily credit card sales to the MCA provider is done instead of  utilizing physical collateral and loan guarantees. 

The underwriters will calculate all the sales your business is having through your registered credit card account. The repayment money will be deducted from your business’ monthly sales to the cash advance lender. The process will continue until the cash advance is completely paid.

 If your business has improved and the credit sales rise, the MCA provider will get repaid a lot quicker. In case there are no improvements and the sales did not increase, there will be no risks on your behalf and the cash advance lender will not take legal actions against you. That is the advantage of having no collateral and strict agreements.

Merchant cash advance offers a fast method of obtaining capital, so that your business will get funded right away. Just a few days after your application for the cash advance has been approved, the money will be forwarded to your account. There are also no need for any processing fees or upfront money.

Upon presenting the said requirements, the underwriters will evaluate your application for a credit cardsales advance. All you need to do is wait for a little while and the cash will instantly be forwarded o your account.

That is how easy Merchant Cash Advance works! It gives your business the chance to get funded even while are struggling with financial issues.

Contact Us Today and Get Funded

Rob Olson

1-888-881-0657 xt 707 
7300 Hudson Blvd
Oakdale, MN. 55128