A lot of expenses go into opening and managing your small business. But it is not always possible for small business owners to budget the total amount of money needed to ensure that all things are covered. It is in these instances where business cash advance plays an important role. This cash advance program not only gives you a cash advance of $250, 000 but also makes sure that it reaches you in matter of 7 days.

Business Cash Advance Is a Better Alternative

Compared to traditional bank loans business cash advance is a far better alternative as it requires no security collateral or personal guarantee. Moreover, you are not required to provide a good credit score or an extended business history for its approval. With business cash advance you can also overcome your paperwork hassle. This alternative means of funding also does not allow you to incur additional costs in the form of start-up costs, hidden charges etc. The best thing about this cash advance program that makes it a preferred choice among business owners is that it takes only a day’s time to get.

A Quick Overview of the Salient Features of Business Cash Advance:

• It has quick approval

• Cash is received in just 72 hours

• Approval rate is quite high

• It requires no applications

• It has zero closing fees

• Requires no security collateral

• No personal guarantee is required

• It has no fixed payment schedule

Solely Based On Your Credit Card Transactions

How are you planning to make your business transactions? Is it through credit or debit cards? If your answer is positive then you become an eligible contender for cash advance up to $ 250000. As a norm this institution buys a small percentage of the future credit card sales for upfront cash. One more thing that you will have to do is a single page application with 3 months bank statements and 4 months credit card processing statement.

Freedom to Use the Funds as Per Your Choice

You might be thinking that like traditional small business loans you might also be asked to make a specific usage of the funds received and in return give a detail application for the same. But you might be surprised to know that this funding institution gives you complete liberty to use the funds. You might use the funds for end number of things ranging from increasing your inventory stock, renovation, business expansion etc.

Customer Friendly Pay Back Policy

Merchant cash advance has a totally flexible payback policy which is in fact pretty simple. In comparison to traditional small business loans the pay back norm is pretty simple. Since this cash advance is dependent on future credit card sales so it can automatically adjust with your business conditions which allows paying back even when your business is going through a rough patch.

This is high time for you to look for business cash advance. This is a great lending institution which not only meets your credit needs but also makes sure that you get approval in just 24 hours.