A Merchant Cash Advance May Be the Solution to Your Financial Needs
Unfortunately, since the collapse of the economy, big banks and traditional lenders aren’t as willing to loan money to smaller businesses, startups or those with less-than-stellar credit. If you’re having a hard time obtaining a business loan because of this, you’re not out of options. Talk to Ascent Business Capital about obtaining a merchant cash advance and why this option may be right for you.
Why a Cash Advance Is a Favorable Option
When you opt for a cash advance, you may qualify for up to $200,000 to use as you please within your business. Whether you need to buy new equipment, rent a bigger space, or retain new talent, you are free to do so. A cash advance is a smart alternative to business loans for the following additional reasons:
- Funds arrive within days
- Minimal paperwork is required
- No application fee, equity loss, closing costs or fixed payments
- Easy repayment options
- Collateral not required
Because the advances are taken against your merchant account, meaning against your credit card sales to come, approval is almost always guaranteed. That said, you should expect to provide proof of your sales at the time of application.
Contact Us Today
If you’re having a hard time obtaining the funding you need to grow your business, you may be able to qualify for a merchant cash advance. Contact Ascent Business Capital to learn more about this option and to see if it’s right for you.