Important Ways Merchant Advance Solutions Can Benefit Your Business
A merchant advance can be a quick and relatively easy way to obtain needed cash to cover expenses or to get your business through a slow period. Sometimes known as a business factoring loan, a merchant cash advance loan is not truly a loan in the traditional sense; it is an agreement in which a cash advance merchant purchases the right to receive a percentage of your future credit card sales based on your company’s credit card sales history. A merchant cash advance is a short-term financing option to help your company maintain cash flow or pay for equipment or other needs to help your business grow. Businesses that are seasonal in nature, such as those that rely heavily on tourist seasons or holidays, can often benefit from a cash advance during the slower periods. Unsecured business loans can also be an easier way to obtain needed funds for retail establishments or restaurants, which are often considered high risk by banks and other lenders.
CALL (800) 417-9210
Who We Are
InsideUp is an online business community of business cash advance experts and resources. We allow you to connect with service vendors who compete for your business, and give you free access to unique content and tools.