You are minding your own business at your convenience store when a lightning storm comes through the area and causes a power surge that takes out your hot dog roller and two freezers. Or maybe you run a gift shop in your tourist-friendly town -- meaning you work the counter yourself most of the time -- when your beloved aunt from out of town has surgery and needs your help recovering. Or maybe a customer trips over a poorly placed display and decides to sue you for her injuries.
Sometimes storms come and wreak havoc on a business without warning. It could be a literal storm that causes wind damage or a power surge, or it could be a figurative storm like a lawsuit that can cause financial and emotional damage. Whatever storms may threaten a business, a merchant cash advance can provide temporary working capital to get the business up on its feet and running again.
Fast Funding Can Get Businesses Back On Their Feet
When cash is needed to repair the damage a storm has caused, every day of waiting is a day you lose money, inventory, or both. The sooner you can get repairs made, the sooner you can reopen your doors and get back to business as usual.
Merchant cash advances can put money in your hands in as little as 48 hours, compared to weeks or months with bank loans, crowdfunding or other methods of financing. Because they are based on the business's sales track record and not on a credit rating, merchant cash advances don't require collateral or good credit to obtain. 
Merchant Cash Can Cover Costs Insurance Companies Won't
Most businesses have insurance for damage, lawsuits and other major and minor disasters. Although insurance may help cover damage, legal fees, or other emergency costs, there may still be a need for merchant cash advances.
First, insurance companies may take days or weeks to pay claims. Once you call, it may take some time for the representative or the adjuster to come and survey the damage, depending on how many other claims are being filed and how the insurance company schedules appointments. This is time you don't have when your income depends on being able to run your business.
Second, there is usually a deductible to be met before insurance kicks in. The deductible may be as little as $50, but if like many business owners you decided to save some money on premiums, there's a good chance your deductible could run into the thousands of dollars.
Third, the insurance company may not pay out enough to cover all the damage. Even if your deductible is pretty low, it's fairly good odds that your equipment and vehicles may have depreciated in value since the original purchase. When it comes to repairing your building, those costs in many areas could exceed the insurance company's estimate, leaving you on the hook for part of the repair costs.
Merchant cash advances can bridge the gap between your insurance coverage and your true repair costs and can be obtained quickly, getting you back in business quicker so you can get back to making money.
Quikstone Capital Solutions can get your business the cash it needs now to recover from the storms of life.
