Simple
and Fast Funders-Business Financing and Merchant Cash Advances
Introduction
In
a tight credit market, there are many funding options which
businesses go to fund their requirements, though it may seem easy at
first, it proves extremely difficult later, which holds true for the
fast-growing and sometimes tricky new product for companies. We have
built a meaningful connection that allows us to provide a wide
variety of funding options too, our lending sources are well utilized
to secure funding for your business.
What
is Merchant Cash Advance-MCA
This
form of finance grants a firm governor who obtains credit card
premiums or other payments or receivable emerges to acquire
prepayment on a regular basis to fund business merchant account. It
is conventionally not considered as credit, but relatively an
advanced oriented on the future revenue or sale of a firm.
Our
Services
We offer funding solutions to:
Small
businesses can approach for an MCA and have advance amount deposited
in its account faster.
The amount advanced is usually less than $150,000 often within a
week, without the amount of paperwork for bank loans.
As
a merchant, we can pay back the principal, plus a small fee which is
typically 25% of the total amount advanced
We
can collect the money from the portion of the credit card sales,
till the debt is paid, without hurting the business growth.
For
a quick way to fund the business, we fund during a cash flow
emergency.
As
MCA providers we offer a quick and easy way to for tenure to suit the
client requirements. As funding merchant, providing accessible
solutions to different businesses, lenders have different options to
fund the working capital requirements. With our products ranging
wide, you can get anywhere from $5000-$ 1,000,000 in funding your
business and have your account in a very short time. Our online
application is simple and has more than 50 second decisions, free
with no other obligations. Apply online or call us now to find the
best funding solution for your new enterprise or established
business.
Why
choose us?
Business
owners choose us over many other financers for their business as we
cater to various manufacturing and other service-based industries
including:
Automotive
Construction
Beauty
Salons
Hospitality
& Hotels,
Dental
Restaurants
Retail
Medical
& healthcare
Manufacturing
Transportation
Our
customized funding solution can accelerate and cater to the needs of
any of the above businesses, and funding can be arranged within two
business days or shorter time.The capital available can be used to
fund the existing business, adding a new line of product to the
business, buy stocks to increase the supply chain, revamp or
refurbish your existing enterprise, the list could be anything which
is possible to be funded.
How
does Business Cash financing work?
Alternative
ways to fund unsecured cash advance, for businesses that have been
turned down for a loan from the banks, have this source for fast
business capital ranging from $2500 to $500,000. Bad credit, the
timing of the business or even a small loan request may be the cause
to avail loans from traditional banks. Small business funding can
help owners of the business which are not large and help them meet
their financial requirement regardless of their situation. There are
different varieties of BCA, most common being the merchant cash
advances.
What
do lenders look for, before giving business loans?
The
strong factors which determine the lending process for a business are
to understand the requirement and fulfill certain basic details in
the loan application.
Annual
Revenue
: This is the most essential
and important part of the loan application, as more the revenue more
amount can be sanctioned for a loan, the link between the revenue
and loan is rule of thumb before going for funding options, as 8-12%
of the annual revenue qualifies for the loan, which set the
expectation for the size of the loan, which we believe is good to
start with.
Current
debts
: when it comes to loans for
bad credit, it is always better for us to know who else we will be
working with to understand all the current obligations. You need not
worry in case you are as a business in the process of paying back a
small loan, we as funding specialist will help you to qualify for a
2nd
position to the other lender. We are confident as second position
lenders if you have your financials to back the loan, and are credit
worthy to refinance your debts with us.
Cash
flow:
We want to know how well the
cash flow of your business is planned to meet the financial
requirements as and when it crops up, with good cash in hand and a
three month business bank statement we are good to go and do the
necessary workaround to help as small businesses to get the funding.
If you have a history of high NSF’s well the wait maybe for a few
months before applying for a bad credit small business loan, as we
will be extra careful in handling your financing request without any
surprises for you in the last leg of procuring a loan for
refinancing your business and make it sure lender friendly.
Profitability:
As a lender, we would like to know how profitable the business is
current, which qualifies quickly for a bad credit loan.
Past
history:
Your personal credit score
is important for us, as we will have an assurance about the
repayments to happen continuously as a business for which financing
is required, financial past is a must for every lending institution
to understand its client best and help them to choose customized
solution for their funding options when it comes to financing poor
credit or bankrupt small businesses. Few years out of the bankruptcy
and you are eligible to apply as a businessman for a fresh loan. If
you have a foreclosure business just we will ensure there are no red
flags or a tax lien on the business report. Do not worry about it as
or financial experts will walk you through and suggest a way out for
meeting your requirements, considering all the above factors.
Now
that after an understanding of the business, a bad credit small
business loan options can qualify for funding options whether long
term or short funding requirement, with alternative finance, with our
offerings with easy paperwork, no collateral, all credit histories,
bad credit ok you will have money funded in your account within a few
days and not years.