CAPITAL ADVANCE AND BUSINESS GROWTH

1. CAPITAL ADVANCE AND BUSINESS GROWTH

2. Small and micro businesses face multiple challenges in their daily operations. Managing a constant flow of cash is perhaps the biggest one of them. While large business owners find it relatively comfortable to utilize the services of a bank, the same is not generally true for micro business setups where instant cash advances of very small nature are often required to tide over an emergency situation. This is exactly where non-banking funding institutions like Crest Hill Capital LLC that deal in lending merchant cash advance come in the picture. 

3. The need for working capital Working capital advances are often sudden. A micro business may not have sufficient handy funds to finance day to day operations, especially in the event of emergencies. A micro business might have sudden needs like business expansion plans, a sudden increase in costs of products, an increase in wages or even in cases where companies have seasonal sales of products.Getting finance from bank is often not possible instantaneously. 

4. Additionally, banks are often not too keen to entertain such small amounts. Merchant cash advances that are provided by capital funding institutions like Crest Hill Capital LLC save the day in such cases. Since the merchant or business owner has to pay back a portion of their credit card sales on a daily/monthly basis, the overall equation is pretty convenient for borrowers. 

5. Managing their cash flow is more comfortable than traditional banking scenarios where a fixed monthly amount needs to be repaid, irrespective of how the business sales are going at that point in time. 

6. Easy and Flexible repayments So what makes these capital funding institutions or merchant cash advance lenders so popular with small and micro business owners? Well, as mentioned earlier, the easy and flexible payment options as provided by “split withholding” wherein the merchant only has to split up a small, pre-agreed percentage their credit card sales are provided for. The method takes into account the overall daily/monthly repaying capacity of the merchants, thereby making it convenient and flexible for them. 

7. Needless to say, and for obvious reasons, most capital funding companies like Cresthill Capital review the past sales records of the merchant and check their overall credit card history before entering into an agreement.

8. Choosing Crest Hill Capital LLC While the introduction of merchant cash advance system is only recent, it has been widely appreciated by small business owners across the globe and has seen huge popularity within certain sectors like hospitality or retailers. 

9. Most leading lenders like Cresthill Capital review and work with card terminal providers to get a fair assessment of the past business generating records of the company. This is often also a criterion that is kept into consideration when deciding a repayment percentage with the borrower. That said, the borrower always gets the flexibility of discussing repayment percentage terms with the lender. Since the money is deducted at source and also based on the monthly merchant sales, there is no pressure on the business owner to repay a fixed amount every month. 

10. All said, various capital funding institutions work only with limited terminal providers. This is the reason for huge popularity for leading companies like Crest Hill Capital LLC who work with a wide range of terminal providers as well as merchant sectors and offer their customers personalized services that ensure efficiency and optimal repaying convenience.