Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Why a cash advance is a better idea?

By Mathias Scott Subscribe to RSS | May 14th 2012 | Views:
loading
 
  



Usually being able to raise funds for your business is neither simple nor quick. Currently there are two ways in which you can get yourself a loan amount. This can be a small loan from a bank or a business credit, which will mean you extend your business’s line of credit. There are a few situations in which these are workable solutions, however there are several business owners out there who do have a great financial background to speak of. Also the time take by most financial institutions is quite long, sometimes extending into months. If you would rather make use of a simpler and quicker means of getting a loan, then you should consider the merchant cash advance.

There are several ways in which a merchant cash advance is a much better proposition than any other means of raising funds. An important one is that your credit history is not something that is taken into consideration. A business loan will require that you have a solid credit history on which to fall back on. This will have to be personally as well as from the point of view of a business. But in the case of a cash advance being bankrupt, facing a foreclosure or even having a tax lien on your credit history will not stop you from qualifying for it.

With a merchant loan you will be able to get through the process much faster and will have your cash deposited into your account faster. Approvals can happen within 72 hours and the deposits take place in a week’s time. In the case of a small business loan you will have to wait for at least a month in order for the whole process to be complete.

Most small business loans that come from a bank make it necessary for you to have been in business for anywhere between 2 to 3 years in order to qualify for a loan. In the case of a cash advance, this does not matter at all. There are also no restrictions placed on how you would like to use this loan. In the case of a bank loan there are sometimes stipulations that prevent you from using it in a way you deem fit.

If you have been paying advance in time and without hitch you automatically qualify for a hike in the loan amount. This can be taken in the middle of repayment and is something that a regular bank will not be able to provide you with. In the case of these loans a major advantage is that you don’t need to put up collateral. If you happen to delay a payment, it will not be go on your credit history and you will not end up losing your collateral.

Mathias Scott - About Author:
Welcome to Next Level Funding, We are the Small Business Loan providers. NLF specializes in providing unsecured business cash advances to small business owners. The cash will be directly deposit into your bank account with in 24 hours. Our funding ranges from $5,000 to $250,000. We believe in your future. And we invest in it.

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

Article Source:
http://www.articleside.com/loans-articles/why-a-cash-advance-is-a-better-idea.htm

Related Loans Articles Subscribe to RSS

Apply for payday loan- Convenient Payday Loans for Small Needs
Published by Jessn Donald on April 14th 2012 | Loans
Do not disturb your savings to pay off sudden expenses. Apply for payday loan and enjoy cash help an...
 
Emergency cash loan bad credit - Ultimate cash help to meet uncertainties
Published by Thomas Symends on May 7th 2012 | Loans
By availing emergency cash loan bad credit, you can easily meet any unexpected financial emergencies...
 
Instant Personal Loans: the quickest way to get a loan in India
Published by Raj Sharma on July 20th 2012 | Loans
Personal loans, today are taken by many people to fulfill their needs and desires. one major area of...
 
Commercial Loan Rates for Distinctive Small business Desires
Published by Timothy Powell on May 18th 2012 | Loans
These organizing to begin a business loan or need some added funds for their existing business, comm...
 
Payday advance- Get instant approval of loan along with quick money
Published by Jelsan Smith on June 4th 2012 | Loans
If you have taken payday advance scheme, you have right option to fight against cash worries....
 
Fast loan no credit check- Feasible loan for bad credit scores
Published by Andrew Stomes on April 9th 2012 | Loans
As the name suggests, fast loan no credit check offers quick cash help to borrowers who need to avai...
 
No faxing payday loan: Money Approved with Easy Features
Published by Albann James on May 9th 2012 | Loans
No faxing payday loan is the monetary assistance that is approved without collateral and no credit v...
 
Military payday loans no credit check- Right form of loan for military people
Published by Jon Kohli on May 28th 2012 | Loans
With the help of military payday loans no credit check, it is possible for you to arrange financial ...
 
Loans for students UK- Education loan to help many UK students
Published by Norwick Kerry on June 27th 2012 | Loans
By getting instant funds up to £1500 via loans for students UK, you can meet cash woes with ease....
 
I Need 100 Dollars Now - Small loan with easy repayment option
Published by Jacob Madox on June 25th 2012 | Loans
If you are taking quick cash via “I Need 100 Dollars Now” loan, you can instantly meet cash cris...
 
Ten dollar payday loan- Small fund but useful for you!
Published by Addison Maddy on March 24th 2012 | Loans
As online lenders offer only small fund, the ten dollar payday loan can be availed without any hassl...
 
Fast loan online- Quickly solve your financial hurdles
Published by Thomas Symends on July 17th 2012 | Loans
By taking quick funds via fast loan online, you have the right option to meet cash worries with ease...
 
I need a payday loan- How should I tackle the situation?
Published by Ponting Sarad on November 29th 2011 | Loans
By getting payday loan, you have right option to fulfill financial crisis without any hassle....
 
24 hour loan - Grab money instantly to overcome monetary crunch
Published by Alex Abigil on June 12th 2012 | Loans
By getting quick funds through 24 hour loan, it is quite easy for you to overcome financial woes wit...
 
Instant small phone loan- Small fund but highly useful for borrowers
Published by Elbert Jthen on April 24th 2012 | Loans
Nowadays, Instant small phone loan is considered to be the best reliever of financial stress for peo...
 
Small loans with bad credit- Useful loan for bad credit scorers
Published by Astor Roy on May 21st 2012 | Loans
By acquiring good sum of funds via Small loans with bad credit, you can overcome instant needs of fu...
 
24 hour loan-Fast loan available online
Published by Alex Abigil on November 28th 2011 | Loans
With the assistance of 24 hour loan, you can easily get rid of any financial crisis without any hass...
 
Debit card loans-Grab instant loan via debit card
Published by Zerif Berson on December 16th 2011 | Loans
Debit card loans are useful to manage your urgent financial matters in your daily life....
 
No faxing payday loan: Get your Money Approved with No Document
Published by Albann James on March 24th 2012 | Loans
When you don’t see any opened way to get into fiscal support, you can take extreme support of no f...
 
Mobile payday loans- short term cash loan available online
Published by Alesia Ace on June 30th 2012 | Loans
If you are availing mobile payday loans, you can easily acquire instant funds up to $1500. The funds...