How You Can Use a Merchant Cash Advance to Grow Your Business
If you own a small business, you probably already know how common and useful financing can be. In the modern world of business, financing is simply one more tool business owners have at their disposal, although many still think of stuffy, traditional loans. In reality, there are many different kinds of loans and many offer huge benefits over traditional loans. One of the most beneficial kinds of financing is the merchant cash advance. Learn more about how a cash advance works and how Corporate Funding can help you be approved for one.
How a Cash Advance Works
The benefits of a merchant cash advance include:
- Short approval time
- Less paperwork
- Simple qualifications
- No closing costs
- No required collateral
- No upfront fees
In addition to being quicker, more convenient, and easier than a normal loan, cash advances have a much better method of being repaid. Instead of making monthly payments, a small percentage of your credit card sales are allocated toward your loan. This means that you pay less back during slower months and get a bigger chunk repaid after more profitable months. This method makes cash advances safer and more difficult to accumulate debt. Turn to Corporate Funding to learn more about all your financing options.
Corporate Funding headquarters are in Atlanta, Georgia. Atlanta was founded in 1837 as the end of the Western & Atlantic railroad line. It remains a large transportation hub for the entire world today as Hartsfield-Jackson Atlanta International Airport is one of the nation’s busiest in daily passenger flights. Atlanta is also known as the capital city of the Southwest and in the past two decades the metro population has grown by 40%. This has helped the economy thrive as 26 companies headquartered in the metro Atlanta area are among the 2017 FORTUNE 1000, and 15 of those companies are also ranked in the 2017 FORTUNE 500. Corporate Funding offers our variety of business financing options to help businesses in Atlanta, Georgia, and the outside U.S., grow and expand. Contact us today at 404-890-8500 to let us help your business find the right partner it needs.