Freeing up Business Cash with a Business Cash Advance

In today’s tough economical times small business owners have had to really make hard decisions to stay ahead of the game.  One valuable practice for small business owners is to be able to have cash freed up for various reasons.  The reason could be inventory, expansion, repairs, advertisement and payroll.  This is why the MCA has become such a great and valuable tool for the small business owner.  This is done when the merchant cash advance provider purchases the business owner’s future credit card sales.  The provider will “advance” the merchant up to $500,000, upfront and then, instead of requiring that the merchant make fixed monthly payments, the provider will automatically deduct a small percentage of the business’s daily credit card sales.  With this method, the borrower only pays down his/her business cash advances when his/her business makes sales.

Small business owners who’ve exhausted all other routes or who simply want to take advantage of a simple and easy business funding method are encouraged to take advantage of the benefits that business cash advance provides, such as:

• Can use funds anyway they choose
• Approved in 48 hours or less
• Can be funded in 5-7 days
• Eligible to renew advance in 3-4 months

It’s been my experience that if the business owner is discipline in how he spends the advance and it’s used to enhance the business model than that is where a business owner is able to really leverage the funds they receive.