Most Small Business Owners Happy With Their Choices

A new survey conducted by PayCycle shows that 87 percent of small business owners would choose to start their own businesses again if they had to. Only three percent said that they would definitely not make that choice again. Ten percent said they were not sure if they would make that choice again.

Sixteen percent of survey respondents said that finding funding was their biggest challenge at start-up. In the current economic crisis, more than half of small business owners have said that finding funding or getting credit is a major obstacle to staying in business.

Staying in business doesn’t have to be a challenge. With a merchant cash advance from Rapid Capital Funding, you can have the funding you need to run your business, pay bills, or cover unexpected expenses or late receivables.

A merchant cash advance is available to your US-based business if you accept Visa or MasterCard and have credit or debit receipts that exceed $2,500 per month. You can get up to 1.5 times your average credit receipts within hours of your application approval.

A merchant cash advance doesn’t require the same scrutiny that a bank loan does. You don’t have to put up any collateral or make any personal guarantees. Fill out a short application form and that’s it. Your future Visa and MasterCard transactions will do the rest. As your transactions are processed, your advance will be paid back. You won’t even need to make monthly loan payments. It’s that simple.

Photo Credit: Steve Woods

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