Tight Credit For Small Businesses

Small businesses are in a fight for their very survival. At a time when small businesses need credit more than ever, most banks are restricting credit. For businesses like restaurants and bars, financing under these restrictions can be deadly.

The recession has hit these - and many other small businesses - hard. Cash flow, especially during a recession, is the difference between businesses that survive and those that don’t.

For businesses that have been turned down for loans or lines of credit, another option exists. For US-based businesses that accept Visa or MasterCard, and have receipts of at least $2,500 per month, a merchant cash advance can provide cash for your business whenever the need arises.

A merchant cash advance from Rapid Capital Funding leverages future credit card sales. As the credit card transactions come in, the advance is repaid, along with a small transaction fee. There are no monthly loan payments to make and no balloon payments. As your sales come in, your cash advance is repaid.

Ninety-five percent of merchants who apply for a cash advance get the cash they need within 72 hours. Rapid Capital Funding also has a special restaurant financing program to meet the special needs of restaurant and bar businesses.

Don’t go without the cash you need to make your business run smoothly. Contact Rapid Capital Funding for your merchant cash advance needs.

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