When You Need a Business Loan, Have You Considered a Merchant Cash Advance?
The economy fluctuates, and if you’re a small business, your fortunes might rise and fall alongside it. This can make it difficult for you to get a loan from banks or credit unions. When you’ve been refused credit from elsewhere, it’s time to try something a little different. A merchant cash advance is a loan that’s not a loan, and it’s ideal for businesses like yours.
What Is a Merchant Cash Advance?
A cash advance for merchants is an upfront lump sum taken against your future credit card sales. You can borrow amounts up to $200,000 for each of your business locations, and your daily credit card receipts determine how much you can borrow.
What Are the Benefits?
A merchant cash advance with R & A Capital Solutions, LLC is an excellent option for businesses that have been turned down for loans elsewhere. The benefits include:
- Quick access to funds — sometimes in as little as 24 hours
- No application fee
- No fixed payments
- Flexible, easy payback options
- No collateral required
- No stipulations on how you spend your money
- Minimal paperwork
- No closing costs
Running your own business is challenging but rewarding. We want to see you continue to grow. Reach out to our knowledgeable team today and find out more about our cash advance services.