Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Merchant Cash Advance: Convenience for Merchants

By Merchantpmf Subscribe to RSS | April 14th 2012 | Views:
loading
 
  



There are a lot of people who have benefited from applying and qualifying for a merchant cash advance with our company. We see hundreds of different kinds of businesses, each with their own issue and reason for seeking out capital. A few of them do not qualify, being too close to failing or falling outside of our parameters but the vast majority of merchants we talk to are not only approved but are satisfied and happy with their merchant cash advance experience. The reason for this has a lot to do with the convenience of getting a merchant cash advance but also with the business-saving support it can provide after these business owners have been turned away by banks and credit unions.

Firstly, many of the aspects of a merchant cash advance application happen online and require things that most business owners have on hand like sales reports and credit scores. In order to qualify a merchant does not need a perfect credit score and outstanding history. What most interests our company is the amount of sales a business does via credit card and at that, not even very far back, a few months is enough for us to be satisfied. This means that many business owners who could not dream of qualifying for a bank loan because of their credit score might be more than qualified for a merchant cash advance.

Another great deal with the merchant cash advance is the speed. With bank loans, even if the merchant could qualify, take time, a lot of paper work and a lot of waiting for them to come back with an answer. There are interview processes, background checks and investigations into the merchant and the business’s viability. With a merchant cash advance on the other hand, the process can take as little as 72 hours. Once a merchant applies and gets in the much smaller amount of paperwork, the funds can be transferred almost immediately after approval and the only physical detail that needs to be taken care of is the new credit card processor.

This brings us to the third convenience that a merchant cash advance provides that other forms of business financing don’t. A merchant cash advance is the purchase of future credit card sales which means that it get’s paid back the same way—through the future credit card sales the business completes after the merchant cash advance. This means that during slow periods the business owner is paying back less of the merchant cash advance and when business picks up they can return the merchant cash advance faster. Usually a merchant manages to return the merchant cash advance within a year of having received the funds.

This also means that the return on the merchant cash advance comes directly from the credit card processor back to the company. The business owner is not responsible for remembering arbitrary deadlines which may put a lot of pressure during a slow period, or sending in checks or worrying about whether or not they forgot to do something.

The conveniences involved with a merchant cash advance are straight forward but incredibly helpful to the many business owners we have approved time and time again.

Irish Taylor is a business funding consultant with Paramount Merchant Funding and has been providing business owners with financing since 1992. For years she has helped people qualify for unsecured business loans and merchant cash advances.

Merchantpmf - About Author:
Irish Taylor is a business funding consultant with Paramount Merchant Funding and has been providing business owners with financing since 1992. For years she has helped people qualify for unsecured business loans and merchant cash advances.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/loans-articles/merchant-cash-advance-convenience-for-merchants.htm

Related Loans Articles Subscribe to RSS

Need Fast Loans with Bad Credit – get cash now in your hand
Published by Artharris on May 2nd 2012 | Loans
Need Fast Loans with Bad Credit is offered to you despite your dangerous monetary crunch, your funds...
 
Fast loans- Better option to meet cash crisis
Published by Joen Henry on June 13th 2012 | Loans
By getting quick cash via fast loans, you can overcome fiscal worries with ease....
 
Instant Cash Loans Today – Effortless cash without any stay
Published by Artharris on April 28th 2012 | Loans
Instant Cash Loans Today is the most effective substitution of all of your emergency desires. These ...
 
Fast Cash Loans in 1 Hour – taking in your hands cash quickly
Published by Jackson Hall on April 20th 2012 | Loans
Fast Cash Loans in 1 Hour will prevent during this state of affairs due to their quick approval and ...
 
90 Day Loans – cash is offered for 3 month
Published by Vilson Louise on February 17th 2012 | Loans
90 day loans are nice monetary help to traumatize sudden monetary crisis. This short term cash advan...
 
90 day cash advance - Unique cash solution for everyone!
Published by Galvin Colton on July 2nd 2012 | Loans
By availing quick cash via 90 day cash advance, you can meet any unexpected financial troubles witho...
 
Hassle free payday loans - Avail quick cash now!
Published by Ponting Sarad on May 19th 2012 | Loans
By getting instant funds via hassle free payday loans, you can easily overcome unexpected financial ...
 
Internet loans- Avail quick cash with comfort of your home
Published by Karen Rase on July 10th 2012 | Loans
By acquiring quick cash from internet loans, you can overcome unexpected financial needs without any...
 
Monthly payment loans- Better way to tackle cash crunch in easy manner
Published by Malen Cheks on June 18th 2012 | Loans
By acquiring instant funds via monthly payment loans, you can overcome fiscal worries in the least p...
 
Internet payday loans- Instant cash support available online!
Published by Georgia Bart on April 13th 2012 | Loans
By taking internet payday loans, it is quite easy for you to manage emergencies or other instant fis...
 
90 day loans no credit check- Grab cash to fulfill your financial needs
Published by Alesia Ace on May 5th 2012 | Loans
By availing instant funds in form of 90 day loans no credit check, you will grab quick cash to meet ...
 
Short Term Loans UK – take cash for short time
Published by Andrewanthony on February 2nd 2012 | Loans

Short term loans permit you to pay off the cash in shorter period. These cash are preferably th...
 
No Teletrack Cash Advance- Quick cash help for bad creditors
Published by Gorgie Nork on June 15th 2012 | Loans
If you are tagged with bad credit scores, it is useful for you to avail No Teletrack Cash Advancein ...
 
Cash in 24 hours loans- Quick cash support for borrowers
Published by Alex Abigil on April 3rd 2012 | Loans
By getting fund from cash in 24 hours loans, you can easily manage unwanted situations happened in y...
 
Exchange of cash payment via mobile phones made easy
Published by John Harry on March 7th 2012 | Loans
Since the mobile phone companies are launching a new application for their devices which made cash p...
 
Cash loans no credit check- Perfect financial solution to meet cash hurdles
Published by Alton Kiels on March 27th 2012 | Loans
By taking instant funds with the assistance of Cash loans no credit check, you can easily overcome a...
 
Instant payout payday loans- Helpful for you to provide quick cash
Published by Onner Smith on July 5th 2012 | Loans
By acquiring quick money via instant payout payday loans, you can easily meet unexpected fiscal woes...
 
No teletrack cash advance- Easy loan without credit verification process
Published by Luck Wright on January 5th 2012 | Loans
With the assistance of no teletrack cash advance, it is easy for you to resolve any cash crisis....
 
6 Month Payday Loans- get cash when needed
Published by Hayes Davis on February 9th 2012 | Loans
6 month payday loans offer immediate money to the U.K. folks. These mortgages are provided when want...
 
Bad credit installment loans- Obtain instant cash with ease
Published by Ross Futher on May 5th 2012 | Loans
With the aid of bad credit installment loans, you have the great opportunity to overcome any financi...