The leap—that magical moment when a small business is ready to take operations to the next level. The logistics of expansion present many challenges. In fact, a popular TV show highlights small businesses gaining investments from corporate gurus, and the effects that come from sudden success. The outcomes often describe the dilemmas that come from major expansions, like crashing sites, lack of inventory, or poor planning. How do you know if you have enough inventory, capital, or adequate financial planning to support your expansion plans?
How To Get Merchant Cash Advances
While AVP Solutions can’t provide you with the magical formula for success, we can assist you with securing a merchant account cash advance. For small businesses, owners often wonder, “How do I get a business cash advance?” Unlike traditional loans, a merchant cash advance doesn’t require dozens of forms or lengthy approval processes. This unique funding opportunity lets you put your merchant account to work for you so that you have the cash you need to invest in your business’s future. How a merchant cash advance works is that it is basically a sale of a portion of future credit and/or debit card sales. Rather than loan payments, a percentage of your daily credit and credit card sales are transmitted back to the advancer until the repayment is complete. This convenient financing option offers many benefits, including that it often looks more at your business’s performance rather than your personal credit.
When you opt for a merchant cash advance, you gain fast access to the funds you need for whatever your business requires. Expand your inventory, establish that second location, or add another vehicle to your fleet. However you decide to work on your expansion, your merchant cash advance provides the flexible tools you need for success.