16
Jun

The Business Cash Advance For A Tight Credit Market

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Even with options for financing continuing to dry up, the business cash advance is still an option for businesses looking for a source of cash to expand operations. A recent survey conducted by the Federal Reserve shows that credit standards for lending to small companies has been tightened at about 40 percent of lending firms in recent months. Venture capitalists have tightened their belts as well; a recent report by the National Association of Seed and Ventures Funds shows that approximately 90 percent of companies that are already funded can not obtain venture capital to expand their businesses. And, a recent survey of Angel Capital Association members shows that fewer than 13 percent are planning to make new investments this year, and are more likely to continue to work within their current investment portfolios.

However, even if your business is unable to obtain expansion capital in the form of loans, venture capital, or from an angel investor, it is still easy to get the funding you need in the form of a merchant cash advance. If the survival of your business depends of investment in equipment to increase your capacity, to make your operations more efficient, or to get better deals from vendors, rest assured that as long as you have sufficient cash flow from the credit card receipts you are currently generating, you can get the money you need now. The reason for this is that the merchant cash advance is not a loan, so its availability is not dependant on the state of credit markets. Instead, the provider of the cash advance simply purchases your future credit card receipts at a discounted rate to provide you with a lump sum which you can use to invest in your business as you see fit. Then you automatically pay back the advance plus any fees as you continue to generate credit card receipts, without the need to make fixed monthly payments, and without having to answer to investors.

To get up to 5 free business cash advance offers click here!



 

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