Benefits of a Merchant Cash Advance
Merchant Cash Advance or “MCA” is not a loan. One of the most beneficial aspects of MCAs for business owners is that MCAs are not loans. This means that instead of a payment book staring at you from your accounting books with pre-established due dates, you know the percentage of your receivables that you will use to repay the cash infusion. For you, the business owner, this means that your repayment amount is proportionate.
Fast Processing. Because a Merchant Cash Advance or MCA is not a loan, it does not take us two, four, or more weeks to process cash advance paperwork. In fact, we can get you a response to your application within hours. This means that you can have access to the money you need, in your account, as soon as 24-48 hours after you submit your application.
Personal Support. BizFund also provides you with continuing, personal support for the duration of your merchant cash advance transaction. Banks often turn around and sell your loans to other brokers, but we do not do that. We stand behind you and your merchant cash advance for the duration of the investment process, from start to finish.
Our Core Business Advantage
We streamline application and screening processes so that, business owners can have much faster access to working capital with BizFund. Fast access to capital means that your business can propel and stay on track.
We also take a different look at credit history when compared to traditional bank lenders. Instead of looking back six years to a late payment BizFund pays attention to the recent work history of the company. This relevant information influences the funding decisions. Also, because merchant cash advances supply business owners with necessary cash for daily operations, these owners can use the funds as they believe will best impact the company.
Another benefit of the merchant cash advance for small to medium companies is the repayment schedule. Unlike traditional loans, merchant cash advances are repaid based in part on your sales, providing repayment flexibility to you, the business owner.
BizFund also provides you with a partnership for the duration of your merchant cash advance process and we stand behind you from start to finish.
If you are interested in gaining capital to keep your business running and expanding to take advantage of increasing demand, perhaps it is time to talk about a merchant cash advance. Move beyond the long waits for paperwork approval and consider the benefits of fast decisions, flexible payments, and the opportunities that come with available working capital
Giving Merchants a Second Chance
CashCrunch, as a provider of Merchant Cash Advances, is not as concerned with the credit history of the small business as we are on your more recent and current path. We understand that all businesses go through economic struggles. If you experienced hardship and had some late payments a few years ago, this does not automatically disqualify you from receiving an MCA.
