Many businesses are struggling to pay their bills – that’s no secret. So it’s no wonder that having poor credit is a growing problem.
Having bad credit doesn’t keep a business from needing money… It only serves to complicate things. We still need money to keep things running smoothly. Getting a bank loan under normal conditions is difficult. Getting a bank loan with bad credit is almost impossible. You may be asking; “How am I supposed to get working capital if the banks refuse to lend me money?”
One solution to that problem is with a merchant cash advance (or merchant loan). A merchant cash advance is a business loan alternative that is designed specifically to help people that are having credit problems. They have designed it so that nearly 90{421b746ef4f4588dfd87c8acf16c9c4b10a4a0127eaff1927a04f4091b6d6d60} of all who apply get funded.
It is beyond the scope of this article to explain exactly how it works, but I can assure you it does. Not only are you able to get cash you need; it only takes a fraction of the time it takes banks to get you funded.
To qualify for a merchant loan, you must meet the following requirements;
- You must be the businesses principle owner.
- You need to have been open for at least 4 months.
- You must accept Visa/MasterCard as a form of payment
- You must process at least $2,500 in credit card sales each month.
If you meet these simple requirements, then chances are you will qualify for $5,000 up to $500,000 depending on your sales.
Use the following link if you would like a free quote, or would like to learn more about a merchant cash advance.
