Unsecured Cash Advances for Small and Medium Size Businesses
03/06/2010

Merchant Cash Advance is a smart alternative to the traditional financing for qualified business owners. This flexible and responsive funding product turns future credit card sales into cash today.

Online PR News – 06-March-2010 – – US, March 5th, 2010 – In today’s weakened economy lending becomes especially difficult as financial institutions try hard to alleviate the risk. It becomes extremely complicated to acquire a traditional small business loan as many programs have been discontinued and new requirements have resurfaced.

Merchantadvancefinancing.com provides a different type of financing: merchant advances – unsecured cash advances to small and medium size businesses. Merchant advance works much like a line of credit, but is financed via the business’ future credit card sales. The amount of funding is based on the average monthly credit card sales volume and is repaid gradually by subtracting a small percentage of each sale until it is paid off. The similarity with a line of credit does not end there. As the loan is repaid, additional funds are freed up and the business owner is able take another advance if necessary – a feature that seasonal businesses will find especially useful. Since the repayment amount is tied to the volume of sales, slower season will result in smaller payments easing the financial burden of the traditional fixed loan payments.

Merchant Funding is a financial product designed for small to medium-sized businesses that accept credit cards as a form of payment. Merchant Funding provides business working capital and is an alternative to traditional business loans and other types of secured financing. Merchant advances can be used for renovations, partner buyout, expansion, taxes, payroll, inventory as well as many other business needs. The FICO score is not a deciding factor in the approval process, enabling the business owners with weaker credit to participate in the program. The typical amount of advance ranges from $5,000 to $150,000.

With nearly 90% approval rate the chances of approval for Business Cash Advances are much higher when compared to the traditional sources of credit. In most cases the funds can be obtained in as little as 72 hours. There are no checks to write and no possible late fees – the business operates as it always does, while the credit receivables processor automatically deducts the agreed-upon percentage of receipts.

About Merchantadvancefinancing.com:
Merchant Advance Financing provides business working capital to small and medium sized businesses and is an alternative to traditional business loans and other types of conventional secured financing.

For more information visit: http://merchantadvancefinancing.com