Using a Merchant Cash Advance To Improve Your Business
There are many different kinds of small business loans, each with unique benefits. One of the most beneficial kinds of financing is the merchant cash advance. This particular kind of loan is designed to be incredibly accessible and safe. Learn more about cash advances, and how Global Finance and Credit Group can help your business qualify for one.
How a Cash Advance Is Different
The first aspect that sets a cash advance apart from any other kind of loan is the way it is repaid. It does not have pre-set monthly payments. Instead, a small portion of your monthly credit card sales is allocated to the loan. This means the amount you pay fluctuates with your income. During slower months, you owe less. This makes it much safer to repay the loan, and makes it especially beneficial for seasonal businesses. Some of the other benefits include:
- No upfront fees
- No closing costs
- Simple qualifications
Think of a taking out a cash advance as borrowing from your future income. It makes it possible to accomplish all sorts of improvements to your business. Global Finance and Credit Group is committed to helping you achieve the success you know your business is capable of. We are happy to answer your questions, so give us a call today.