Do You Need a Merchant Cash Advance?
Many small businesses, especially ones that rise and fall with the fortunes of the economy, have difficulty finding loans from banks and credit unions. A merchant cash advance can be the solution. We at Bosley Financial Group are happy to give a qualified business such a cash advance; amounts can be as large as $200,000 for each of your business locations. Your advances are taken against your merchant account, meaning against your credit card sales to come, whether you use Visa, Discover, American Express, MasterCard or something else. After you submit your application and it is approved, you can usually expect to have your funds in no more than seven days.
Merchant cash advances are often a smart alternative to a small-business loan. You do not need perfect credit, and the loans are ideal for businesses that may have been turned down for loans elsewhere.
Here is a list of some advantages of the loans:
- Money to spend however you like, for example, on advertising, expansion, inventory, equipment or supplies
- Funds arrive quickly
- Minimal paperwork
- No application fee, no closing costs, no equity loss, no fixed payments
- Easy payback
- Collateral not required
Contact Us Today
A merchant cash advance helps your business get on track and grow. Contact us today, and we can discuss further details.