16
Jun

Unsecured Business Loans—Kind of Like the Tooth Fairy

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The days of easy credit are gone, gone, gone… Gone! And, unsecured business loans may just as well have gone the way of the Tooth Fairy. Maybe, some thousands of years ago there was some basis in fact for such an altruistic, albeit slightly creepy benefactor as a Tooth Fairy. The reality of today, however, is that money has to come from somewhere, which most certainly happens to be Mom’s or Dad’s pocket. Even with organisations such as the Small Business Administration (SBA) underwriting loans, lending institutions often do not have the financial muscle, or the willingness, to participate in SBA and other such programs. This leaves small businesses with fewer options for sources of funding for expansion, or for short-term cash-flow issues. However, even if any collateral owned by you or your business already has liens against it, there is a way you can obtain the funding you need without a requirement for collateral, or the need to tie up any more credit, even if you can get it. 7a6zi4r2xv

 

If you generate a sufficient stream of credit card receipts, you can actually sell a portion of your future receipts in order to receive a lump sum of cash now. It is called a business cash advance, and since it is not a loan, but an advance on money that your business makes every day, you do not need to go with hat in hand to a lender. Once a merchant cash advance provider agrees to purchase, at a discount, a portion of your future receipts, you can receive your cash within a couple of weeks. Then, during the normal course of operating your business you pay back the advance, plus an agreed upon fee, without having to arrange for a fixed monthly payment. Cash advances are not exactly like unsecured business loans, but they are not like that that creepy old Tooth Fairy either, and a whole lot more real.

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

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