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2011年8月4日星期四

Where can I get a merchant cash advance?

-I need about 10,000 for business expansion. I'm thinking a merchant cash advance would be a better way to go because they don't base everything on credit but not sure. Any help would be appreciated, thanks.Yes you are correct. A merchant cash advance is not largely based on credit, which is a great advantage especially if your credit isn't the best . Most are structured in a way that it is simply based off of your future credit card transactions. So your business will likely need to already be accepting credit cards in order to qualify. Another advantage it has over loans is that it doesn't require as much documentation to qualify. You can find merchant financing online and off that may be willing to work with you. Definitely do your research.

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