Bank Statement Loan
Qualifying for a business loan in today’s economy is difficult and timely process to say the least. With a traditional bank loan some of the most common hurdles facing bu
siness owners today include personal credit problems, lack of collateral, and restrictions related to use of funds.
As an alternative, a business cash advance has become a popular option since qualifying is based on a company’s monthly credit card sales. However, even this option has its drawbacks especially for businesses that do not process an adequate amount of credit card transactions.
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