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

400 Payday Advance – meet cash within some hours
Published by David Hussey on May 22nd 2012 | Loans
400 Payday Advance will be thought about because the substitute of your pay solely as there are ton ...
 
Fast cash loans no credit check- Resolve any financial crisis in no time
Published by Adam Felix on July 4th 2012 | Loans
By taking fast cash loans no credit check, you will be getting quick funds up to $1500. The availing...
 
Savings account payday loans- Avail quick cash before your payday arrives
Published by Jon Kohli on June 19th 2012 | Loans
If you have fiscal crunch, you should go for savings account payday loans in order to grab quick cas...
 
Text loans no checks- Excellent cash deals for bad credit people
Published by Adam Klovis on June 28th 2012 | Loans
If you are taking quick funds via text loans no checks, you can improve the status of your credit....
 
Ez payday loans - Unique cash advance available today
Published by Ricky Loyel on July 9th 2012 | Loans
Today, ez payday loans are supposed to be the ultimate fiscal solution for everyone....
 
Ez cash loan- Perfect monetary deal to meet cash worries
Published by Ricky Loyel on July 17th 2012 | Loans
By acquiring instant funds via ez cash loan, you have the right chance to meet cash hurdles in the l...
 
Fast cash loans bad credit- Get quick cash at your financial needs
Published by Albert Bells on June 13th 2012 | Loans
Any form of financial trauma can be resolved with the aid of fast cash loans bad credit. This loan i...
 
Ez cash loan- Challenge any fiscal worries today!
Published by Ricky Loyel on June 25th 2012 | Loans
Once you have derived cash from ez cash loan, you can overcome cash crisis without any hassle....
 
Loans till payday Canada- Borrow money and resolve cash troubles now!
Published by Jelsan Smith on May 14th 2012 | Loans
With the aid of loans till payday Canada, you can easily resolve financial crisis without any hassle...
 
Bad Credit Loans Today – advance cash for bad credit
Published by Artharris on March 27th 2012 | Loans
Bad Credit Loans Today is obtainable for any personal would like any personal reason. You’ll acqui...
 
Quick no hassle loans- Would help in conquering extra cash without further difficulties
Published by Omar Rayan on February 3rd 2012 | Loans
It has been seen that applying for loans involve great hassles. The lender could demand unnecessary ...
 
Quick cash loans - Grab fast money without any hassle
Published by Adinm Gaili on July 16th 2012 | Loans
In fact, Quick cash loans are short term cash help where you can grab quick funds without any hassle...
 
Short term cash loans - fight with the devils of financial crisis
Published by Jeniffer Thomus on November 29th 2011 | Loans
Short term cash loans provide instant funds to an individual without looking into their past credit ...
 
Fast loans- Chance to meet cash worries
Published by Alex Abigil on May 25th 2012 | Loans
With fast loans, you can resolve unexpected financial trauma without any hassle. This is very helpfu...
 
Cash Loan at Your Door - provide you the cash at your door, so hurry up and get them!
Published by Alice Johnsonn on January 10th 2012 | Finance
Cash Loan at Your Door provide you the money at your doorstep, avail quick cash and use it immediate...
 
First cash advance-Resolve necessary expenses in your daily life
Published by Baldwin Will on December 13th 2011 | Loans
By getting a fast cash advance, you will feel no tension about your financial matters to arrange sho...
 
Instant Loans- cash for your monetary troubles
Published by Bryan Burbank on March 7th 2012 | Loans
Instant Loans are a great blessing to loan seekers. You can enjoy the benefits of the borrowed cash ...
 
Need quick Loans- Desire to have a loan of cash currently
Published by Steve Matthew on March 19th 2012 | Loans
Need quick loan have a loan to help for unsecured loan and reassured form the burden of arranging an...
 
Bad credit installment loans- Unique cash loan available online
Published by Gorgie Nork on May 9th 2012 | Loans
By availing quick cash via bad credit installment loans, you can overcome fiscal crisis in no time....
 
Home collection loans- Grab instant cash in the least possible time
Published by Marsh Jone on June 25th 2012 | Loans
By availing quick funds from home collection loans, you can overcome unexpected fiscal worries....