How a Merchant Cash Advance Can Help You
It takes a lot to operate a small business. One of the best tools to make it a little easier for you is commercial financing. Small business loans are more flexible and accessible than ever before, and there are many different kinds, each suited for a different situation. The merchant cash advance is one of the most beneficial kinds of financing because it is made to be easier to qualify for and repay. BizConnect Capital is committed to helping you get the working capital you need. Learn more about the cash advance and how you can qualify for one by giving us a call today.
What Makes a Cash Advance Different?
Just like a traditional loan, the first thing that happens when you are approved for a merchant cash advance is you receive your new working capital. The biggest difference is the way you make payments. Instead of having payment set in advance, the amount you pay each month depends on your credit card sales for that month. This means you owe less during slower months, making it easier to avoid accumulating debt. Some of the other benefits include:
- No closing costs
- Shorter approval time
- No upfront fees
- No required collateral
- Less paperwork
- Simpler qualifications
Begin the process of getting the working capital you need today by giving BizConnect Capital a call.