Real Estate Business Financing: Business Loan Alternative

Who says there’s no money in real estate these days? Many contractors are finding that they’re working overtime to meet the growing demand for “trash-out” services from banks that have foreclosed on homes. Foreclosed homeowners typically leave the home in unsalable condition. Banks and landlords hire contractors to remove trash and debris, clean and secure the home. If you’re considering a trash-out operation but need real estate business financing to get started, consider a merchant cash advance.

A merchant cash advance is a business loan alternativethat enables you to get cash up front. You can use the cash for anything you need, including new equipment, or hiring help. Trash-out services can produce up to $2,000 per house, so the business is lucrative, but you’ll encounter some startup costs. Primarily, you’ll need to have equipment to collect and haul away the debris that former homeowners have left behind.

You can get a merchant cash advance for your business if your Visa and MasterCard receipts exceed $2,500 per month. Think you won’t qualify? Think again. Ninety-five percent of merchants who apply for a merchant cash advance get cash from Rapid Capital Funding. You sure won’t find that acceptance rate from a bank.

Contact Rapid Capital Funding today for more information on how a merchant cash advance can provide a business loan alternative for your operation and get you the real estate business financing you need right away!

Photo Credit: Joey Parsons, via Flickr

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