A Merchant Cash Advance isn’t only for the Desperate Small Business Owner

	Business Name: Full Name: Phone Number: Fax Number: E Mail: Business Start Date: Type of Business: Accept MasterCard/Visa? Yes No Monthly Credit Card Sales: Please Select Less than $2,500 $2,501 - $5,001 $5,001 - $10,000 $10,001 - $20,000 $20,001 - $30,000 $30,001 - $40,000 $40,001 - $50,000 $50,001 - $60,000 $60,001 - $70,000 $70,001 - $80,000 $80,001 - $90,000 $90,001 - $100,000 $100,001 - $110,000 $110,001 - $120,000 $120,001 - $125,000 $125,000+

One of the things I keep hearing is that when a business owner has no other options he turns to a merchant cash advance.

Being in the industry I can assure you that all kinds of businesses take advantage of merchant cash advances for all kinds of reasons. Sure the cost of getting a merchant loan is higher than a typical business loan from the bank, but a merchant loan does have its advantages.

A merchant loan offers flexible payback:

Because you pay back the advance with a percentage of your daily credit card sales; the payback amount is smaller on days when sales aren’t so good. In this way, the payback flows with your business, creating an environment that has less chance of your business failing or not being able to honor your debt.

Get the cash you need much faster than with a traditional loan.

Face it, a great business opportunity is going to wait forever. And a time sensitive problem isn’t going to magically work itself out. Whatever the reason - if you need cash quickly; a merchant cash advance is the best option.

A merchant cash advance typically doesn’t appear on your credit report.

Because it doesn’t show up on your credit report, it frees you up to make other financial decisions. Nobody knows your business better than you. Wouldn’t it be great to have the flexibility that a merchant cash advance offers?

The application process is quick and easy.

If you’ve ever taken out a business loan before you will understand when I say how difficult the process can be. They often require years of records and lengthy forms to fill. Your time is valuable. If you’re as busy as most business owners; I’m sure you can find better things to do with your time.

Create a working relationship to get the cash you need instantly.

Once you’ve established a relationship with a merchant loan provider, you are eligible to get the cash you need in about 24 hours in most cases. Most providers do however require that at least 50% of your advance is paid off before receiving another. Think of what you can achieve with a business partner like that.

Of course a merchant cash advance is still the best option for those that are having difficulty getting cash from other sources, but don’t ignore the advantages it has to offer. Think of it as a life line for any business that needs cash in a hurry.

More articles about Merchant Cash Advance

• Breaking the Myths about Merchant Cash Advances
• A Merchant Cash Advance isn’t only for the Desperate Small Business Owner
• Do You Need Cash Quickly? A Merchant Cash Advance Can make it Happen