Tag Archives: business
Benefits of Business Cash Advance from Rapid Capital Funding
Whether it is a small or medium sized business, excess funds are always required for maintaining its operation. Now you can get this excess cash supply through business cash advance from Rapid Capital Funding. The cash is not only easily accessible but also uncomplicated. This cash advance requires fewer documents and takes shorter time for approval.
What is Business Cash Advance?
Business cash advance from this alternative funding institution gives small business owners an unsecured cash advance up to $250000 within 7 days. These alternative financing solutions, unlike traditional business loans, has a direct link to your transactions as it is solely based on future credit card sales. As a repayment norm, this cash advance purchases only a small proportion of your upcoming credit card sales. Unlike traditional small business loans, this cash advance is much faster and is effortlessly achievable
How Is Cash Advance Responsible For Your Business Growth?
Business cash advance does not ask you for a security collateral or personal guarantee which is a relief for small time business owners. Apart from that, the small business owner does not need to have excellent monetary back up or an extended business history. You are assigned for it without bearing any additional cost like closing fees, hidden charges or startup cost. This cash advance program causes less botheration to you in terms of paperwork.
Take a quick look at the benefits of the cash advance:
Requires no security collateral
Approval is quite quick
You require no personal guarantee
You have flexible payment schedule
You receive your funds within 7 days
Approval rate close is to 95%
No Applications required
Transactions Should Roll Through Credit Cards for Cash Advance
If you are applying for a cash advance program then your monthly transactions should roll in through either debit or credit cards. At the same time the transactions should be a minimum of $5000 per month.
Make A Single Page Application for Cash Advance
As this cash advance program is based on future credit card sales so you need to make a single page application comprising of 3 months bank statement and 4 months credit card processing statement.
Basic Requirements of Business Cash Advance Eligibility
The first and foremost thing that you need to do for this merchant cash advance program is make a registration with the United States. In addition to that, your business transactions should be a minimum of $5000 through credit or debit card. Lastly, the small business owners should also be current with their lease.
Use Cash Advance for Your Own Business Needs
The alternative funds that you receive can be used for any business purpose like renovation, business expansion, inventory stock building and for that you do not need to give an explanation mentioning the specific use or purpose.
Enjoy a Flexible Pay Back Norm
With business cash advance you dont have the added tension of paying a fixed monthly sum. This cash advance program is directly linked with your business and so you have the liberty to repay as per your business conditions. This means that you pay less when your business does not do well and vice versa. Unlike traditional bank loans, you do not have to undertake any burden of late fees.
Whatsoever is your intention for additional business financing, small business owners can easily avail it and fulfill their credit need.
Financing Your Business With Business Loans
Running a successful business is one of the best career options today. Just like other fields of work: a vision for the future, careful planning and hard work play significant roles for a business enterprise to shape up in its best form. However, another aspect that plays a crucial role in establishing a successful business enterprise is capital and adequate financial security. No matter what products or services you decide to deal with, in order to establish the required infrastructure, attract the best human resources and gain the optimum momentum in marketing and growth, a strong financial base is one of the first steps that you must take care of. If you plan to venture into a business that requires significant financial investment, taking the right business loan from an established financial institution at the start of the commercial venture goes a long way in anchoring the enterprise in the best possible way.
In order to assist upcoming business owners and entrepreneurs in laying strong foundations for their commercial enterprises, a variety of business loans are offered by banks and other financial institutions. Depending on specific requirements of different business owners, financiers offer loans in large and small amounts. While some institutions might offer business loans without security, most of the business loans are available on adequate security and collaterals. The initial establishment of a business enterprise is often the most crucial phase of its existence.
In order to assist business owners gain stability during this period, different types of startup business loans are available today. Depending on your specific business plans, available resources and extent of assistance required, you can get startup business loans ranging from $10,000 to $150,000 at Initial Lending Group. Attaining and maintaining stable financial health is one of the primary concerns of any business organization. Along with helping you in starting your business enterprise successfully, Initial Lending Group also equips you with the right financial knowledge and helps you take the right financial decisions for the fastest and best growth of your company.
Once past the initial teething stage, the growth and maintenance of financial stability of an organization play a vital role in its overall prosperity. Especially for smaller business organizations that try to achieve an edge over their commercial peers, having a steady financial capital plays a significant role in the organizations future growth. Keeping these requirements in mind, Initial Lending Group offers business loans ranging from $25,000 to $300,000. No matter the products you deal with, Initial Lending Group is ready to provide you with whatever financial assistance you may need operating your commercial enterprise.
Once your loan requirements are registered, the loan is usually approved within 48 hours and funds may be transferred to your accounts on the next working day. Free from upfront fees and having no compulsion of proceeding with the loan, Initial Lending Group offers you the best business loan deals that meet your requirements. At the same time, as unsecured business loans at Initial Lending Group keeps you free from any obligation of risking your assets, you can enjoy the best financial assistance in running your business with a stress free mind.