Merchant Cash Advance: Cash When You Need It

A merchant cash advance can provide the cash your business needs, even when the bank has turned you down. Few banks are lending right now, and many businesses, even those with perfect credit are being turned down for bank loans. They’re also having their credit lines slashed and credit card limits cut, even when they’ve never missed a payment.

Don’t accept that kind of treatment from the bank. Your business is your livelihood. Your employees depend on you. If you depend on a bank that has the cash but won’t lend it, your business could be in deep trouble no matter how hard you work!

Rapid Capital Funding offers a perfect solution for your small business: a merchant cash advance. A merchant cash advance isn’t a loan. We purchase a percentage of your future credit card transactions. You get the cash you need up front along with a flexible repayment plan that allows your business to operate just as it always has.

There are no monthly payments, no origination fees, no collateral and no personal guarantees. Good credit or bad, we can likely put cash in your pocket. With a merchant cash advance, we take the risk so you can go about running your business. We offer special financing plans for restaurants and other high transaction volume businesses.

In case you’re wondering, about 75% of businesses that take a merchant cash advance take another one when their first advance has been paid off. Business owners have come to appreciate the flexibility of the repayment schedule and the speed with which they can get the cash they need to keep their businesses running smoothly. The repayment plan is easy; as transactions come in, a portion of the transaction is used to repay the loan. The rest is returned to the business.

With a merchant cash advance, there is no fixed repayment amount each month. When your transaction volume is high, the merchant cash advance is repaid more quickly. When sales slow down, so does the advance repayment. With a loan, you’re on the hook for a specific payment each month, whether your business can afford it or not.

Don’t struggle with spending cuts and layoffs if you don’t have to. Contact Rapid Capital Funding today to find out how a merchant cash advance can help your business.

Photo Credit: Jenica26, via Flickr

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