Merchant Cash Advance for Small Businesses

For small businesses and medium sized businesses we provide them with merchant cash advance without a problem. The entire process is simple and quick, and most small businesses are eligible for the funding that we provide. The qualification criteria for the funding is mentioned below here. The majority of businesses in the US are small businesses, approximately 99.7% and as a result the entire health of the domestic economy rests almost solely with small businesses. For this reason alone it’s essential that small businesses remain healthy and in a good financial position.  

Banks are not interested in funding small businesses as they consider these to be a ‘high risk investment’. Due to this reason the banks have very stringent qualification criteria for small businesses, and most small businesses fail to qualify for the funding as a result.

We do provide small businesses with the funding that they require, and our qualification criteria are completely different from those of the banks. Based on our easy and reasonable qualification criteria, almost every small business can qualify for the merchant cash advance bad credit can ascertain for themselves whether they qualify for the funding or not. Mentioned below here are our qualification criteria;

1.       The owner of the business must not be in any form of bankruptcy at the time of the application.

2.       The business should be at least 12 months old and it should be a running business.

3.       The gross income of the business needs to be at least $10 thousand a month.

These are the simple qualification criteria that we refer to, and based on these any small business owner can review for themselves whether they qualify for the funding or not. Also mentioned below here are some of the additional feature that make the entire process hassle free and easy.

The credit scores are not part of our qualification criteria and as this is not a hurdle, any small or medium sized business can apply for the funding. We often process applications for businesses whose credit scores are in the low to mid-500s. Banks on the other hand do not process applications with low credit scores and reject them outright. Typically, banks require credit scores that are in the 700s.

We also process applications very quickly, and at the quickest we can provide the business with the funding that they require within 48 to 72 hours from the time of the application. At the most our application processing time would be a week or ten days to provide the business cash advance bad credit, and not over that. 

Also we don’t ask for collateral as our funding is unsecured funding, and we do not require any form of collateral, security and personal guarantees. This is something that the banks do not do, they do not provide small businesses with funding without collateral, security and personal guarantees of various kinds.

For more information related to merchant cash advance companies contact us. Our funding team will provide you with the information you require, and assist you with the filling up of an application form as well. Alternatively, if you wish to fill the application form yourself, simply click on the ‘apply now’ tab and fill in the online form.