- No collateral required
- No Personal guarantee
- No fixed payments
- Quick approval
- Cash in 72 hours
- 95% Approval Rate
- No Applications or
Closing Fees
Business Financing: Alternative Financing For a Dry Cleaning Business
Is your dry cleaning business in need of financing or a loan to maintain and grow your business? Learn how quickly and easily you can obtain the business financing you need based on your credit card sales.Today's financing market is very difficult for a dry cleaning business to qualify for a tradition bank loan. Dry cleaning store owners usually have good personal credit. However, lenders can't overlook the negative connotation associated with dry cleaners and environmental issues.
Financing Solutions For Your Dry Cleaning Business
Stop wasting your time and effort applying for bank loans and traditional financing and utilize your greatest untapped asset; your future credit card sales! If your dry cleaners processes at least $5,000 per month in credit card transactions, you are eligible for an unsecured business cash advance. An established business in existence for at least one year can qualify for a business cash advance of up to $250,000 per location. This is an excellent way for your dry cleaning business to get the working capital you need fast and hassle free.
The concept is simple. Rapid Capital Funding will pay you for your future Credit Card transactions up front. As transactions roll in we get paid back with a small fixed % of those daily Credit Card receipts.
How do business cash advances differ from business loans?
Business cash advances are based on merchants' future credit card transactions. Unlike traditional loan programs, a cash advance is totally unsecured (does not require collateral or a personal guarantee). The program is available to dry cleaners with good or bad credit. Because the business cash advance is based on future credit card receivables, a good credit score is not required to be approved. Unlike loans, applying for a business cash advance takes literally minutes and approval is typically done within 24 hours.
What can business cash advances be used for?
Dry cleaners are free to use funding from their cash advances for anything they desire. Unlike other financing options available to businesses through banks and private lenders, we do not require a plan for the funding and we don't require that it be used for any specific purposes. A cash advance can be used for expansion, renovations, payroll, equipment, general business cash flow, or anything that you decide.
Funds can be used for remodeling or expansion
Increase cash flow for salaries and other needs
Purchase business equipment, inventory and supplies
Purchase larger quantities from suppliers at a lower price
Funds can be used for remodeling or expansion
Increase cash flow for salaries and other needs
Purchase business equipment, inventory and supplies
Purchase larger quantities from suppliers at a lower price
Our Business Cash Advance program requirements are simple. To be eligible for our unsecured cash advance, your dry cleaning business must:
Accept Visa or Master Card as a method of payment.
Have minimum credit and debit card sales of $5,000 per month.
Be current with your lease.
Apply online or call 1.888.344.0095
Keep your cash flow healthy and receive up to $250,000 or as much as your business demands.
Get financing with a business cash advance!
Rapid Capital Funding has helped hundreds of business owners just like you get the money they needed to realize their dreams.
