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Mantis Funding - Working Capital Augmentation With Merchant Cash Advances

Merchant cash advances from business finance lenders such as Mantis Funding are the alternate source of capital augmentation when all other funding options are closed. The payment is made against future credit card sales and the lender just ensures that the volume of sales is sufficient so that the money lent can be paid back. Once the cash advance is approved, the money is given as a lump sum into the business account of the borrower. The duration of cash advance is usually short term and the repayment begins almost immediately. The total amount to be paid is fixed and each repayment results in a decrease in the amount of cash advance.

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