Merchant Cash Advance
Understanding the Benefits of a Merchant Cash Advance
Like banks and credit unions, conventional lenders have strict rules and guidelines for applicants, often denying loans and funding for less stable businesses. However, private lenders, like America’s Lending, are not held to the same level of accountability, which means that operations that succumb to the ebb and flow of the economy have a valuable lending alternative. With our merchant cash advance program, a qualified business can receive up to $200,000 per business location. The beauty of an advance is that credit is not the ultimate decider, especially with a private operation, like ours.
Advantages of a Merchants Cash Advance
The primary benefit of an advance against your merchant accounts is the reduced risk to your actual business. Cash advances use historical data to determine viable future estimates of credit card sales. The loan is a portion of those future sales plus interest. Beyond a reduced financial risk, there are several benefits to such a loan program.
- Minimal paperwork
- No need for collateral
- Quick approval and arrival of funds
- No hidden fees
- No spending restrictions
- Easy repayment
Are you interested in a merchant cash advance? Contact a America’s Lending financial expert to learn more about the program and how it can help your business through a current and temporary financial hurdle.