What goals do you have for your business? Common business goals include growing sales, expanding into different areas geographically or otherwise, and developing an excellent reputation in your community. These goals and others can be difficult to achieve without some sort of financing for your business. Since bank loans are difficult to obtain, many business owners look to alternative funding sources for the working capital they need.

How Business Cash Advances Work

Business cash advances are a flexible form of financing that can help you meet business goals even if they change often. Getting an advance is easy since it is based on your business's sales numbers, not on your credit rating. If you do qualify after completing the simple online application, you could have your cash in just a few days - anywhere from $5,000 to $250,000 depending on the size of your business. Another plus? You don't need collateral to get a business cash advance.

Instead of a hefty monthly payment, a small percentage of your daily sales is automatically debited to pay back the advance. Since the payment is a fixed percentage, you pay less on slower days and more when you make more sales. The advance is typically repaid in just 3 to 12 months, and you have no more debt to deal with.

Another advantage of business cash advances is the flexibility to decide how to best use the money. Bank loans require you to specify ahead of time how you will spend the money and don't allow you to deviate from your plans even if business conditions change.

Meeting Business Goals

Increasing your cash flow with a business cash advance can make it easier to fund major equipment upgrades, move to a bigger location, or hire the staff you need to move your business forward. Many goals cannot be reached without having a large amount of cash up front to invest. Business cash advances provide this cash and make it possible to meet these goals.

The result of a business cash advance that is properly invested will be a bigger, stronger, more prosperous business, which will continue on with higher sales and more profit than ever before. Sure, you could save up slowly and make the investment a few years down the road, but why wait? You could benefit from growth now and reap those benefits far into the future with a business cash advance.

It's important to have goals firmly in mind before getting a business cash advance, so if you aren't sure what you want your business to accomplish, you should spend some time goal-setting before you get the cash in hand. A business plan that details how your business will grow and expand is a necessary prerequisite for getting a cash advance. Your business could be negatively impacted if you don't spend the advance on plans for growth or expansion.

Apply Now for a business cash advance from Quikstone Capital Solutions so you can meet your goals this year.