Merchant Cash Advance Blog

It takes significant financial investment to turn your great business idea into a reality and you need subsequent investments to keep your business afloat.  What do you do when your funds run short?  Have you been to a traditional bank and gotten turned away? What about the huge checklist that the bank needs you to fulfill to determine your “credit worthiness?” Their business loan checklist may include your personal background, resume, business plan, personal credit report, business credit report, income tax returns, financial statements, bank statements, and collateral.

Bank loans are notoriously difficult to obtain for small businesses, leaving many owners to seek out a viable alternative.  Merchant cash advances have gained in popularity due to their fast and flexible nature, but it is important that you deal with a reputable lender, preferably one with experience in your industry.  Here we break down the must know components of a merchant cash advance.

There are a variety of reasons that a small business would seek out additional funding.  Sometimes it will be to dig yourself out of a hole and other times it will be aimed towards growing your business.  In any case, a merchant cash advance offers a fast an easy option to get the cash you need.  Here we discuss several ways a merchant cash advance can benefit your business in the coming year.

Any time you borrow money there is a risk involved.  Knowing when and where to seek out funding and how that money should be spent will ensure your business sees a benefit from the additional investment.

Merchant cash advances work for a variety of different situations but it’s important as a small business owner to know the best scenarios in which to seek alternative funding.  MCA’s can help your business grow and, in some cases, even save your company from going under.  Here we outline some of the most relevant times to apply for a merchant cash advance.