Receivables Can Make All The Difference For Small Business
Small business has a more difficult time weathering an extended receivable cycle than a large business does. Right now, many other businesses are surviving the economic down turn by delaying payments to vendors and creditors. For small business owners, getting paid is critical because it means the difference between staying in business and closing up shop.
To avoid turning collections into a full-time job, some small business owners are looking for reasonable options that will bolster their cash flow and help them stay in business at the same time. The solution for some small businesses is a merchant cash advance.
If your business accepts Visa or MasterCard, is based in the US and generates at least $2,500 per month in credit and debit card receipts, your business likely qualifies for a merchant cash advance from Rapid Capital Funding. A merchant cash advance puts the cash you need in your hands, often within 72 hours. You won’t find that kind of responsiveness from banks and other lenders.
A merchant cash advance simply leverages your future credit card sales today. As credit and debit card transactions are made, a small portion of the sale goes to pay back your merchant cash advance. There are no monthly loan bills to pay, and you get the cash you need up front.
With a merchant cash advance from Rapid Capital Funding, you don’t need to tell us what you plan to do with the money. You don’t need to show us reams of financial statements. You don’t even need to have perfect credit. We can help most merchants that meet our basic lending standards. In fact, 95% of merchants who apply for a merchant cash advance will qualify.
Don’t let slow receivables burn your small business. Contact Rapid Capital Funding today for help.
Photo Credit: Billy Alexander
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