Tips to Growing your Business using a Merchant Cash Advance

1. Tips to Growing your Business using a Merchant Cash Advance

2. Any small business can benefit from receiving a lump-sum of money at various operational stages of managing the venture. If you have a small business in the US, Mantis Funding LLC provides a financing tool that can help you grow your business and take advantage of opportunities that you could not do before. Read on the see theeligibility criteria and some scenarios where a merchant cash advance as a funding solution can be beneficial to you as a business owner.

3. Eligibility criteria for a Merchant Cash Advance When Mantis Funding reviews your application, they do not take credit scores into consideration. Therefore, even if you have a low credit score, you can still be eligible for a cash advance from the company. In such a situation, going to a bank for funding may not be the best option for you as your application may not be approved. Furthermore, applications with banks can take months to get processed.

4. Mantis Funding LLC approves applications based on the proof you provide of consistent sales in your business. They may look at historical as well as current data to finalize their decision. This is because the method of repayment of the advance is tied directly to the amount of revenue your business generates on a monthly basis. Hence, the repayment terms are flexible and can vary from one business to another.

5. Few innovative ways to use a cash advance in your business Mantis Funding is not in any way concerned where and how you invest the money given by them in your business. They only require that you pay back the advance in a phased manner as decided in the terms of repayment.

6. • Add new stock: Purchasing new stock or even replenishing stock that is in demand is a way to keep customers interested and coming back to you for repeat business. This is especially true during busy or peak sales periods such as festivals and holidays. Extra capital can help you add to your stock and maximize on your profits during such seasons by meeting customer demands.

7. • Manage payroll on time: If you know you are in a situation where you will not be able to meet the payroll obligations for your employees during a particular month or lean business seasons, Mantis Funding LLC can help you with a cash advance. This can avert potential lawsuits that your business may face otherwise.

8. • Unplanned business expenses: Unexpected or even unplanned expenses can take a huge toll on your business. To meet these expenses, you may require a quick infusion of cash in the form of merchant cash advance to help you deal with the situation at hand and solve the problem. It could be some urgent repairs that cannot wait or some maintenance issues that need to be taken care of immediately.

9. Mantis Funding reviews highlight the fact that merchant cash advance from them can be a life- saver for a small business like yours and also for others with similar organizational size and structure. It can open the doors to new business development opportunities and keep you ahead of your competition.

10. Contact Us Mantis Funding 225 Clematis Street, West Palm Beach, Fl 33401 Email: info@mantisfunding.com Phone: 877-494-1499