Financing For High Risk Businesses: Merchant Cash Advance Loan Alternative
For some business owners, opening a business means seeking venture capital. Today, that’s a proposition that many venture capitalists aren’t willing to take. A recent survey of venture capitalists showed that nearly 93% of respondents were either “worried” or “very worried” about the uncertainty of returns. In other words, many venture capitalists are no longer willing to gamble on new business ventures. Combine this with the banks, which are unwilling to tolerate any risk at all, and you have a situation where financing for high-risk businesses is largely unavailable.
What qualifies as a risky business? For banks, most new ventures are risky, too risky to fund. That’s why Rapid Capital Funding offers an exceptional loan alternative called a merchant cash advance.
A merchant cash advance will provide the working capital you need to get your high risk business off the ground and keep it there. By factoring a portion of your future credit card transactions, you can raise working capital and get the financing for high-risk businesses that banks and private lenders aren’t willing to provide.
If your business has a high volume of credit and debit card transactions, and generates at least $2,500 per month in Visa and MasterCard credit and debit transactions, you likely qualify for a merchant cash advance. Contact Rapid Capital Funding to see how you can raise your own financing for your high-risk business. Put your future credit card transactions to work for you today!
Photo Credit: David Jarrold, via Flickr
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