COMMON BUSINESS LOAN QUESTIONS
Many small business owners are unable to obtain traditional bank loans because they have insufficient credit or collateral. As a result, more and more businesses have been turning to Merchant Cash Advances for infusions of working capital or other immediate cash needs. Being able to obtain financing is the driving force behind the US small business economy.
It advances cash to merchants based on anticipated future sales, offering an alternative to the traditional bank loan. With a Merchant Cash Advance – which is not a loan – businesses receive a lump sum in return for a percentage of their future revenue.