You do not need good credit
to get the money your business needs. Nor do you need a co-signer, collateral or a down payment. You do need a place of business where customers can walk in and pay you with a credit card. You need to have been in business at least 6 months with no bankruptcy’s.
Most importantly you need a reputable Merchant Cash Advance Co.
One who’s been in business awhile say 30 years. Why you ask? The interest rate or pay back fee.
there are a lot of bad stories floating around about young MCA’s charging high rates.
Be skeptical of any Merchant Cash Advance
that tells you you can have the cash as quick as 72 hours I’ve heard stories where the business owners debt was sold to debt collectors
A reputable Merchant Cash Advance
will give you a better rate and be stable enough to work with you when your business is slow meaning you may not have the money to make your monthly payment and you’ll still be OK.
Banks aren’t lending not because they don’t have the money
because there’s no profit in it for them unless you’re wanting a minimum of $250,000. It cost a bank anywhere from 6-10 thousand dollars to process a loan not to mention 3-6 months time. Most banks are corporate conglomerates and the bottom line is profit, profit before anything else.
As a business owner who you gonna call
now that you understand banks aren’t lending. You’re going to want an MCA who is stable and flush enough to lend you $10,000 to $1,000,000 giving you favorable rates and are easy to work with during the course of the 2-3 years of the pay back plan.
I own Financing B2B.us
representing the #1 Merchant Cash Advance company in the industry our long standing gives us the knowledge to know what a business owner needs we’ve taken the pain out getting the cash your business needs today. Our turn around time is 5-7 working days our process is quick and simple you can have the cash in your bank account in as little as 10 days.
