MMN Retail Store Cash Advance & Financing

1. Reasons Why Small Business Finance Make an Excellent Proposition

2. The dictionary describes a merchant cash advance or MCA as a lump sum payment to a business in exchange for a previously negotiated percentage of future debit and/or credit card sales. Currently, MCA is also used to describe financing options for small and medium businesses usually with short payment terms or smaller regular payments.

3. Boosting Retail Sales The retail market in the USA and other countries has been severely affected by the spectacular rise of online retailers, which has led to a huge number of smaller retail, grocery, and other stores to close down.

4. To combat this problem, stores have gone on the offensive and have tried to make their services more attractive and competitive, but this requires funding, and most banks are totally against providing this kind of financing.

5. Fortunately, companies like Money Matters Now (MMN) have the ability to cover this financial shortcoming by providing retail and grocery store owners with the required finances.

6. Financial Flexibility The advantage of using the MMN retail store cash advance is that it is a smart investment into the future of the retail store, if not for its immediate survival. Our financial experts are on hand to list out the many benefits of applying for and getting the small business cash advance approved for the business.

7. They have the expertise and knowledge to help grow your business, especially with online retail, and provide the financial flexibility for daily operations. The advance can help you cover daily as well as unexpected expenses that will keep the business running. It can also help you expand and modernize, something that is something that MMN can help with.

8. Credit Scores The MMN retail store financing could be used for employing more staff or improving the display to make it more attractive to passing customers. Since MMN is aware that many small retail and grocery store owners do not have good credit scores, nor do they have the necessary collateral needed by banks to qualify for traditional funding.

9. To cover for this eventuality, we have in place the necessary tools which will allow retail shop owners to apply for their cash advance provided they submit the required documentation. Our application process is very simple and gives the retail store owners’ great flexibility in the repayment process, the approvals and requested funds are usually completed in a few days.

10. Required Documents There is also no restriction on how the retail store owner chooses to use the funds; it could be a complete or partial renovation, putting in extra display counters or units, hiring more staff, etc. The funding that Money Matters Now (MMN) provides ranges from US$ 5000 to US$ 500,000; we do not require any kind of collateral or pledging of assets.

11. We do require the store to have a good credit rating history and should be in business for at least 6 months. We also require the last three bank statements for the business, a Government-issued photo identification document, and a canceled check from the business account.