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

Unsecured business loans your funding option for urgent business funding
Published by Macrobusinesscapital@gmail.com on December 21st 2011 | Finance
There are certainly such times with business people, no matter whatever kind business they are deali...
 
No teletrack payday loans- the best payday loan for many borrowers
Published by Kenim Wids on April 6th 2012 | Loans
For those salaried persons, no teletrack payday loans are great fiscal support to meet fiscal emerge...
 
Maintain data of your business with beneficial Bookkeeping
Published by Nelson on March 19th 2012 | Finance
Complete End to End Business Solution offering various services such as Incorporation, Bookkeeping, ...
 
Quick cash loans- Reliable and useful loan for Australian
Published by Adinm Gaili on March 27th 2012 | Loans
If you have any credit problems, you can now apply for Quick cash loans to meet financial crisis wit...
 
Bad credit emergency loans - Avail quick funds in form of loan
Published by Alan Cruzs on May 18th 2012 | Loans
If you want to acquire small fund in easy way, it is better for you to apply bad credit emergency lo...
 
Fund your business with unsecured quick loans
Published by Macrobusinesscapital@gmail.com on February 10th 2012 | Loans
In business you always have 50 -50 possibility of success and failures. As an investor, it is to be ...
 
Wedding loan: Ideal Substitute for Your Marriage Purpose
Published by Kent Jesy on April 25th 2012 | Loans
wedding loan is a gateway where you can enter to borrow comfortable money with no hassle using onlin...
 
30 DAY PAYDAY LOANS- Feasible loan for everyone
Published by Georgia Bart on July 13th 2012 | Loans
If you are availing 30 DAY PAYDAY LOANS, it is sure that you can meet cash emergencies with ease....
 
Now feel yourself financially strong with 1 year loan
Published by Sam Thomas on December 13th 2011 | Finance
1year loan is the supportive cash method that is made to produce immediate cash to those who are ten...
 
Why a business cash advance has more benefits than small business loans
Published by Joseph Richard on April 4th 2012 | Finance
Every small business knows how difficult it is for one to get a small business loan these days. With...
 
Instant loans no credit check - Avail this loan as per your needs!
Published by Astor Roy on June 20th 2012 | Loans
If you are acquiring instant funds via instant loans no credit check then you will be able to fight ...
 
Signature loan- Feasible loan offer for everyone!
Published by John Simen on May 14th 2012 | Loans
With the aid of signature loan, you can overcome any financial crisis without any hassle....
 
Fast Same Day Loans- Get a loan with the lick of a button
Published by Hector Milla on December 17th 2011 | Loans
Get fast same day loans within 24 hours of approval. All you need to do is fill an application form ...
 
Urgent loans for bad credit- Cash loan for bad credit people
Published by Vikon Nail on July 2nd 2012 | Loans
If you are availing urgent loans for bad credit, you can overcome unexpected fiscal worries with eas...
 
Start up business loans poor credit: Start Business with Easy Money
Published by Kelvin Lopez on March 24th 2012 | Loans
If you have a plan to open your business, you can start your own business using start up business lo...
 
No faxing payday loan: Money in an Easygoing Manner
Published by Albann James on July 16th 2012 | Loans
No faxing payday loan is the new introduction for those who are unable to organize papers to crack a...
 
Salary Advance Loan- Acquire quick funds via such loan now!
Published by Rex Moshe on July 6th 2012 | Loans
By acquiring quick funds via Salary Advance Loan, salaried persons may easily fight against cash eme...
 
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 ...
 
Installment loans- Useful loan to meet unexpected fiscal needs
Published by Georgia Bart on July 4th 2012 | Loans
If you have taken installment loans, you can fulfill any unexpected financial needs with ease....
 
90 day loan no credit check- Ideal choice of financial plan for you!
Published by Alesia Ace on May 31st 2012 | Loans
If you have availed instant funds via 90 day loan no credit check scheme, you may fight against any ...