Can a Merchant Cash Advance Help Your Small Business?
If you’re searching for flexible small-business financing, consider a merchant cash advance. This kind of loan is secured against your merchant account, which means that it is taken against your future credit card sales. Whether your business accepts credit card payments from Discover, Visa, Mastercard, or American Express, you may qualify for an advance of up to $200,000 with Uraeus Capital Funding.
Spending Flexibility and Less Stringent Requirements
Some banks are reluctant to give credit to small businesses because their profits vary widely depending on the state of the market. However, this kind of lending doesn’t require a perfect credit score, so it is ideal if you’ve struggled to secure funding in the past.
Business loans often come with specific spending requirements, but your cash advance can be used in any way necessary to help your company. For example, you can use it to stock up on supplies, run a new ad campaign, or grow your business.
Cash Advance Benefits
Your monthly payment is based on a percentage of credit card sales, not a fixed monthly amount. You’ll also receive these benefits:
- No application fee, closing costs, or equity loss
- No collateral
- Speedy delivery of funds
- Limited paperwork
If you’re ready to discuss further details, contact an associate today. Once your application has been submitted and approved, you can expect your funds to arrive within seven days.