Why A Merchant Cash Advance Is Better
Most entrepreneurs, small or big players in the industry, nowadays rely on acquiring outside funding in order to embark on a particular venture. Having personal money in the bank seems never enough to start a business endeavor. That is why acquiring a loan seems to be a better option to start a business. Well, for starters, loans are a better Levitra Professional option. But if you already have an existing business and needs to expand by putting up another branch, applying for a loan now is not a viable option for you.
Instead of applying for a business loan, why won’t you apply for a merchant cash advance? This is far more beneficial than a business loan, and to help you comprehend on such a difference herewith is the benefits of business cash advance as compared to a business loan:
– No liens or collaterals are needed when you apply. When you apply for a business loan, you need to present collateral to secure repayment of such a loan. So if you cannot produce a collateral, then an advance is a better option.
– Flexible payments. With a merchant cash advance, you won’t have to worry about monthly dues since payments are very flexible as it relies on your credit card transactions. If you are paid through credit card, then a portion of such payment goes to the provider. With a business loan on the other hand, you have to worry about repaying a fixed monthly due regardless if you are capable to pay or not.
– Faster response. When you apply for a business loan, it usually takes 2 to 3 weeks before the process is completed and you get the money you applied Brand Viagra for. However, when you apply for an advance, you can have the money within 7-10 working days.
The three mentioned above are just a few of the benefits of a merchant cash advance compared with a business loan. Expanding a business must not create more pressures for you; instead, it should be a joyful opportunity. Acquiring funds for such an expansion will now be easier, thanks to merchant cash advance that you can avail.
Author Bio: At 1st Working Capital Group, we strive to meet the demands and needs of businesses Nationwide. We assist in the underwriting process, presentation and fulfillment of your Merchant Cash Advance, ultimately achieving the maximum funding of your capital needs.
Category: Accounting/Receivables
Keywords: merchant cash advance