Cash Advance for Business
In the past several posts we covered a variety of ways you can get the necessary cash to grow your business. From business credit cards, to revenue based loans to even using your 401k for funding to name a few. In this post we’ll cover something quite different.
Are you familiar with a merchant cash advance?
Now I know what you’re thinking so don’t worry, I’m not going to cover the typical merchant cash advance, remember I said this was something really different.
If you’re not familiar with a merchant cash advance, it basically provides a business with upfront cash in exchange for a portion of future credit card sales. Now if you ever had to deal with typical merchant cash advance providers you’re probably familiar with all the paperwork, merchant statements, costly fees, and waiting periods you have to deal with.
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