Merchant Cash Advance Auto Repair

Merchant Cash Advances are helping Auto Repair Shops Flourish.

Easy Business Cash Fast

The economy continues to improve that may be true but it is still very difficult for a lot of businesses to walk into a bank and ask for a loan.  The process of bank financing can be enough to put you off. Financial Statements, Collateral, Tax Returns etc. Having to take the time to dig all of this information up and present a business plan can be a daunting task for any business owner.Luckily there is an alternative a Merchant Cash Advance or Business Cash Advance can get a business owner the capital they need without all the hassle of bank financing. Small businesses have the same needs as larger corporations. They need to maintain inventory they need to meet payroll, taxes must be paid, there is no difference between Apple and Tommy's Auto repair. Except maybe the number of zero's following the monthly ending bank records.

If you own an auto repair shop and you need to purchase some new lifts for instance. You may have cash on hand to purchase these outright, but then you are draining potential reserves in an all in one purchase. You can consider leasing this equipment, but once you calculate the total dollars put into the lease payments you may be paying Two or more Times the value of that equipment not a great alternative either.

Another alternative is applying for a Merchant Cash Advance, also known as a Business Cash Advance. This type of financing is a lifeline for a small business in need of capital for any number of reasons. Although it does provide working capital for businesses it is technically not a Business Loan.

A Business Loan  has a set interest rate a set payback time frame (ie) 12 mo. 24 mo etc. A Merchant Cash Advance works a little differently. A percentage of your daily credit card sales is forwarded to the merchant cash advance company until the advance is paid back. Once you have paid back appx. 75-90% of the advance you are eligible to apply for another advance if needed.

Merchant Cash Advances

So you can see how this can be a big advantage for a small business like an auto repair shop to keep in their back pocket. You use all the tools in your tool box why not have more tools to choose from make a Merchant Cash Advance one more of those tools

For more information or if you would like to apply for a Merchant Cash Advance contact a Cash Advance Expert @ Merchant Cash Advance America Call Today!! $5000-$250,000 within 1 week!!

Merchant Cash Advance America
7300 Hudson Blvd N
Suite 255
Oakdale, MN 55128
1-800-815-3123

Merchant Cash Advance | Business Cash Advance | Unsecured Business Loans | Small Business Loans