Everything You Need to Know About Business Cash Advance Loans

1. For many small to mid-sized businesses, juggling cash on hand with current and future financing requirements can be daunting. That’s where business cash advance loans come to play a prominent role. This is actually advance cash for the business, allowing you to raise funds quickly by selling a portion of your projected future sales at a discount to a funder. This small cash in advance for business owners is, in fact, purchase of future receivables. You can avail advance cash based on future sales in exchange for a percentage of your daily credit card income. The processor directly sends the funds to the lender until the balance is paid.

2. Depending on the company, you can receive cash advances for amounts from $10,000 up to $500,000. The great thing about the loan is that there is no term limit. Also, repayments may be flexible as they are a percentage, not fixed-rate, based. Many private financial institutions offer business cash advance loans. These loans are ideal for seasonal businesses as the payments fluctuate. You can control your cash flow. To be eligible for a small business cash advance, you need to provide your most recent Merchant Processing Statements and Business Bank Statements to demonstrate your cash flow. No tax returns and credit scores are required. Why wait? Apply today for advanced cash for your business today.