Ready To Grow In 2021?

Posted by Karen Erdelac on Jan 12, 2021

Ready To Grow In 2021?As with most things in business, growth requires an investment. As bank loans become more difficult to obtain, many small business owners have turned to business cash advances to meet their funding needs. For more than fifteen years, Quikstone has helped thousands of merchants grow. Here are some frequently asked questions about a business cash advance.

What is the application process like?

The application process for a business cash advance is faster and easier than a traditional bank loan. There are no fees involved and no collateral is needed. Often your advance can be approved in as little as 48 hours, allowing you to get the cash you need, when you need it.

What can you use the money for?

Where bank loans make you specify what you need the funds for on their application and hold you to that, a business cash advance is far more flexible. Some of the things you can use it for include:

  • Equipment upgrades or replacement
  • Marketing and advertising
  • Signage improvements
  • Interior renovations
  • New location

How do you repay your advance?

One of the biggest benefits of a business cash advance is the payment terms. Your repayment is based on a percentage of your daily credit card sales, meaning your payments will rise and fall depending on how much business you’re doing.

Let Quikstone Capital be your small business funding partner. We can provide a minimum of $5,000 up to a maximum of $250,000, depending upon your average monthly sales and the strength of your business. Your business may qualify for more than you.

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