Likewise, when some businesses do face challenges, such as facility improvements, inventory shortages, or simple slow-downs, they don’t know where to turn.
Tag: merchant account cash advance
What You Need to Know About Merchant Cash Advances
Owning a small business can be an incredible challenge, particularly when it comes to managing the financial aspects of your business and your aspirations for growth. Unfortunately, gaining financing for a new small business is often very difficult. If you haven’t owned your business for at least 2 years and don’t have collateral to put up, you are unlikely to convince a bank to extend a traditional business loan. A small business working capital advance offers you the opportunity to borrow additional operating funds against your future receipts without many of the strict requirements of traditional loan products.