How to Get Funding to Grow Your Small Business

Successful businesses grow, that’s what they do. But every business expansion requires money to make it happen. With good credit and proper collateral, an entrepreneur can get approved for a small business loan through banks and credit unions. However, business plans don’t always pan out the way we want them to. With strict lending policies in place, banks and credit unions are still not wholly opening their arms to small business owners. This is why many entrepreneurs are seeking alternative lending options, such as merchant cash advances, or business cash advances.

Whether you want to open a new location or add a new product line to your catalog, get the financing you need with a business cash advance to grow your business. Here’s a look at how to get approved for a business cash advance or merchant advance.

Forget about visiting traditional banks and credit unions for financing. Instead, find a business cash advance company that offers alternative financing for small businesses. The internet is cluttered with them, so find one that meets your needs.

Worried you might not qualify? In general, if your small business accepts credit cards and processes at least $4,000 in Visa and/or MC sales each month, you can pre-qualify to apply for a business cash advance of up to $500,000. Contrary to the requirements of applying for a bank loan or working capital loan, the merchant doesn’t need to provide proof of good credit, business plans, or financial and tax records.

Whether it is launching a new location, adding a product line, or remodeling an existing store, getting a small business loan to expand your business can be challenging. But don’t give up on your dream. Getting the money you need through a business cash advance is fast, easy, and cost-effective. Merchants don’t have to pay high closing costs and many get approved within 48 hours. Get the financing you need through

Comments are closed