Are you looking to get fast same-day funding for your business, but banks are not helping? Do you need working capital for your business right away? We can help you get up to $25,000 today for your business, not tomorrow, not in 24 hours, but usually within 8 hours. A same day merchant cash advance is your best option.
What is a Same Day Merchant Cash Advance?
A Merchant Cash Advance is not a loan, but a business advance based on your revenue. Merchant Cash Advances have been around since 2008 and make up $5 to $10 of the alternative lending industry and have become popular in the last few years as banks lend to small businesses less and less.
Merchant Cash Advances are great for any business who have less than perfect credit and need funds quickly. A Merchant Cash Advance is paid back weekly or daily through either the business’ future credit card transactions or through their general business checking account revenue.
Merchant Cash Advances use factor rates instead of interest rates, and you are looking at a range between 1.19 to 1.49 times the funded amount you borrow depending on how fast you pay it back. If you pay back the advance in 30 days, you are looking at a factor rate of 1.19 times the funded amount.
Merchant cash advances are great if you can’t get approved for a bank loan and you need money in a hurry. MCAs are not a great option if you have great credit, are willing to put up collateral, and can wait weeks or months to get a loan.
Why Use Merchant Cash Advance Same Day Funding
Merchant Cash Advance Same Day Funding is perfect for business emergencies, expanding your business, or taking care of overdue expenses. MCAs are perfect for businesses that use a lot of working capital to keep running smoothly, like the Trucking, Restaurant, and Landscaping industries to name a few.
The most common reasons to use Merchant Cash Advance Same Day Funding is to hire new staff, fix broken equipment, catch up on payroll, or invest in online marketing to bring more brand awareness.
We live in a digital world now and most businesses still do not have a website, online reviews, or have been registered on the Better Business Bureau or Trustpilot. Hiring an online marketing strategist should be one of the priorities for using the business advance.
How to Apply for Merchant Cash Advance Same Day Funding
We work with over 700 industries that most banks won’t touch. We can help almost any business that has monthly revenue of at least $5,000 a month. Cash flow is more important with merchant cash advance lenders than credit scores. Even if you only have a credit score of 450, chances are good that you can be approved if you meet the other requirements.
We also want you to have at least 6 months in business, whereas most banks require a year to two years in business. We require no collateral, whereas big banks want you to put up collateral. This is why merchant cash advances are skyrocketing in popularity.
And, lastly, you shouldn’t have any liens or too many negative business days. We have a staff of underwriters who will assess your business checking account. If there are any anomalies or too many NSFs, than you might not get approved.
However, we are approving a dozen or more business fundings per day because we have the easiest requirements and best terms in the industry. You will also get a dedicated account manager who will help you get the fastest funding with the best rates.
Take 5 minutes and apply. It won’t affect your credit score and you can see your offer in minutes if you meet the criteria. We are committed to helping every small business survive and thrive in America because we are business owners ourselves and understand the pain right now. So, click the link below to apply and God Bless!
Erik C. Johnson
Independent DAC Agent