Franchise Business Financing: Business Loan Alternative

According to the International Franchise Association, certain franchising opportunities are hot, despite the downturn in the economy. If you’re interested in franchising opportunities, but need franchise business financing to sustain your franchise operation, consider a merchant cash advance from Rapid Capital Funding.

A merchant cash advance is a business loan alternative that’s ideal for businesses that process a lot of credit and debit transactions. A merchant cash advance isn’t a loan. With a merchant cash advance from Rapid Capital Funding, you factor your future credit card transaction for immediate cash.

Unlike a bank loan, you won’t have to fill out a long application form or wait for weeks to find out if you’ve been approved. Most US merchants who accept Visa or MasterCard and generate at least $2,500 each month in credit and debit receipts are approved. With a merchant cash advance, you can get the franchise business financing you need in a matter of hours, and even merchants with bad credit can get approved.

What’s more, about seventy five percent of businesses that take a merchant cash advance take another one once their first advance is repaid. Why? There’s no monthly repayment, no collateral, and no personal guarantees. Your merchant cash advance is repaid each time you process a credit or debit transaction, and your repayment rate isn’t fixed to a certain dollar amount. When business is good, your merchant cash advance is repaid more quickly. When business is slow, your repayment rate slows too. It’s a business loan alternative that makes sense! For franchise business financing, don’t go to the bank, only to wait weeks to find that you’ve been turned down. Talk to Rapid Capital Funding today and get the franchise business funding you need!

Photo Credit: Courtesy, Contours Express

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