Unsecured business loans are almost nonexistent since the banking financing crisis. When your business doesn’t have the physical assets to offer as collateral to secure a business loan, finding an unsecured loan can be a daunting task. And the last asset you want to risk to find a secure loan is your personal assets. With nothing to secure the loan, banks often require a lengthy and spotless credit background – credit standards that are almost impossible to attain.
If you process at least $5,000/month in credit card sales, you can apply for the capital you need through a business cash advance. Much like unsecured business loans, a cash advance provides a range of benefits to you and your business which a traditional Bank loan cannot:
- Available regardless if your business has a short financial history or poor credit history.
- No need to write or prepare a detailed business plan, or piles of Banking and tax records.
- Monthly repayments that vary according to your actual cash flow.
Repayment plans are also more advantageous than traditional business loans! Monthly payments are a small predetermined percentage of your credit card sales. There is none of the stress of a fixed business loan payment each month – the business advance only gets repaid when your customers pay you.
Get pre-approved for our business cash advance in as little as 24 hours and benefit from our unsecured loan alternative without the hassles normally associated with traditional bank loans.
For more information contact
Rob Olson, President
Merchant Cash Advance America
1-888-881-0657 ext 707
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