Merchant Cash Advance VS Bank Loan
Small business owners fail to understand the ease with which
they can acquire merchant cash advance. They choose to wait for
months in order to acquire commercial bank loans, only to be disappointed in
the end. Don't fall into that trap.
1. Easy and Fast paperwork.
Merchant Cash Advance:
The process for acquiring merchant cash advance is much faster than a bank loan. It does not require tons of paperwork, hand it ends up being less confusing and straightforward for any small business owner.
Bank Loan: Contrary to that, bank loans require a ton of paperwork, which always ends up confusing the small business owner.
1. Easy and Fast paperwork.
Merchant Cash Advance:
The process for acquiring merchant cash advance is much faster than a bank loan. It does not require tons of paperwork, hand it ends up being less confusing and straightforward for any small business owner.
Bank Loan: Contrary to that, bank loans require a ton of paperwork, which always ends up confusing the small business owner.
2. No Collateral Requested
Merchant Cash Advance does not ask for any collateral from you. You do not have to put any current assets on the line. Merchant advance lenders do not ask for any type of personal guarantee, making it easy to acquire credit for business.
Bank Loan: Banks ask for collateral and personal guarantee. This collateral may be in form of a house, a car, your business shares etc. in present times it is very difficult to acquire a commercial bank loan, especially for small business owners.
Merchant Cash Advance does not ask for any collateral from you. You do not have to put any current assets on the line. Merchant advance lenders do not ask for any type of personal guarantee, making it easy to acquire credit for business.
Bank Loan: Banks ask for collateral and personal guarantee. This collateral may be in form of a house, a car, your business shares etc. in present times it is very difficult to acquire a commercial bank loan, especially for small business owners.
3. Merchant Cash Advance
As mentioned above, merchant cash advance is an easy solution to any businesses credit problem. Merchant companies can approve your loan within one hour and provide you with the required cash within a couple of working days.
Bank Loan: with banks you can never be sure as it requires month in approval of the application. Also you are less likely to get approval anyway.
As mentioned above, merchant cash advance is an easy solution to any businesses credit problem. Merchant companies can approve your loan within one hour and provide you with the required cash within a couple of working days.
Bank Loan: with banks you can never be sure as it requires month in approval of the application. Also you are less likely to get approval anyway.
4. 95% approval rates.
Merchant Cash Advance: With 95% approval rate, merchant loans are far better choice than commercial banks. Many businesses opt for merchant cash advance for fast and easy money.
Bank Loan: if your business is in debt, then a bank is probably not going to approve your loan application. Your most favorable choice of loan at that point is Merchant Cash Advance America for the capital you require.
Merchant Cash Advance: With 95% approval rate, merchant loans are far better choice than commercial banks. Many businesses opt for merchant cash advance for fast and easy money.
Bank Loan: if your business is in debt, then a bank is probably not going to approve your loan application. Your most favorable choice of loan at that point is Merchant Cash Advance America for the capital you require.
5. No fixed repayment schedule
Merchant Cash Advance: when business slows down, repayment slows schedule changes as well. You repay the merchant company according to your profits and sales. Such easy payback terms make Merchant Cash Advance a better choice for small business owners.
Merchant Cash Advance: when business slows down, repayment slows schedule changes as well. You repay the merchant company according to your profits and sales. Such easy payback terms make Merchant Cash Advance a better choice for small business owners.
Bank Loan: Banks demand fixed repayments. Whether you are in profit or
loss, there are significant sales or not, you have to repay the loan in
accordance with fixed repayment terms.
When banks imply rigid terms and delays application process only to announce after months that you are not eligible for a loan, then Merchant Cash Advance becomes the right choice for every small business owner.
When banks imply rigid terms and delays application process only to announce after months that you are not eligible for a loan, then Merchant Cash Advance becomes the right choice for every small business owner.
Contact;
Rob Olson
Merchant Cash Advance America
Quantum Merchant Services
1-888-881-0657 ext 707
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