Merchant Cash Advance Advantages for Small Businesses
A merchant cash advance lets you borrow money against your future credit cards sales such as MasterCard, Visa, American Express and Discover. The solution with Xcellerated Business Funding offers businesses an opportunity to pay for things like supplies, advertising, inventory, expansion or equipment. A traditional loan is not the only option for businesses seeking to make ends meet or grow.
A merchant cash advance with Xcellerated Business Funding has no fixed payments, application fee, equity loss or closing costs. Other advantages include:
- No collateral required
- Spend the money however you like
- Minimal paperwork
- Easy payback
- Funds arrive within seven days
- Each business location can receive as much as $200,000
Business owners unable to get approval for traditional loans with a credit union or bank can apply for a merchant cash advance. Perfect credit isn’t a necessity for the business loan alternative. Since the loan is based on credit card sales, the financing option is ideal for those businesses turned down for small business loans.
Find out if you qualify for a merchant cash advance by calling Xcellerated Business Funding today. A financial specialist is available to answer your questions and provide more detailed information. Once your application is approved, you can get the funding you need fast.