Merchant Cash Advances
As You Can See, there is nobody offering Business Cash Advances that can compare to this program.
We can show you how to pay off your loan by investing a small portion of your funds and generating a 10% monthly profit!
Once your loan is paid back, you can continue on with the investment and generate 10% a month passive income, generating a 2nd source of revenue for you.
It gets better, you can compound the investment. Compound interest is the greatest passive wealth creation vehicle invented by mankind… That’s from Albert Einstein.
Don’t forget about program 2.0!
We have a 2nd amazing program you can participate in, with zero money upfront, that will generate even larger funding and has 3 additional profit centers in addition to the Forex Investment! See below….
Some useful tips on Merchant Cash Advances!
There are many reasons why, as a startup business founder, you might turn to merchant cash advance (MCA) providers for funding. They offer a straightforward and immediate answer to your cash flow problems, especially if you’re looking for a short term solution with few barriers to entry. But before you start researching where and how to apply for a merchant cash advance, it’s best to figure out whether it’s the right funding choice for your startup
What are the pros of a merchant cash advance for startups?
Merchant cash advance companies can offer a number of advantages to small businesses encountering issues with cash flow during the early stages of business. Let’s take a closer look at why these advances can be a great option for startups with only a few months in business
They’re easy to apply for
The MCA application process is simple, quick, and straightforward. Most merchant cash advance lenders allow you to apply entirely online by uploading all the necessary supporting documentation through their website. Depending on how long it takes you to complete the application, an MCA can take only ONE day to be processed.
Once a business owner has been approved for an MCA, they can receive their funds in as little as ONE days.
Most cash advance applications for startups involve a form requesting the following information:
- Loan amount
- Company name
- SSN/SIN
- Company contact information, including address, number, and email
- Monthly credit card volume
- Business history, number of years in business
- Tax ID for your business
You may also need to upload some supporting documentation, including:
- Business ID
- Credit report
- Financial (bank) statements 3 or 6 months
Recent credit card processing statements will help
You don’t need perfect credit
A big reason business owners in the first place is because they have trouble securing more traditional loans requiring a credit check. Whether due to bad credit or a lack of credit history, small business owners who are unable to secure funding through banks often look to merchant cash advance companies as a suitable alternative. Most lenders do not require perfect credit. That being said, they will likely require you to meet a minimum credit score (usually between 500 and 600) in order to qualify for an MCA.
Payments are flexible
Unlike a traditional bank loan, in which you’re locked into a fixed payment plan, merchant cash advance payments are proportional to the amount of business you bring in each month.
You don’t have to put up any collateral
If you’re worried about personal liability, a merchant cash advance could be a wise choice to fund your startup. Unlike other means of financing, your company assets are not at risk should you default on the payments. This is because there is no collateral requirement for Cash Advances.
Speedy approvals and release of funds
You’re unlikely to come across a business applying for a loan that isn’t in need of the funding as soon as possible. Unlike traditional bank loans that have lengthy application processes and take longer to allocate financing, MCAs have comparatively faster approval rates and subsequent release of funds. As mentioned earlier, many lending firms guarantee a decision within a day or two. When you’re in a cash flow emergency, this quick turnaround can be a lifesaver for your business.
What are some of the cons of merchant cash advance for startups?
Merchant cash advances, while boasting the advantages listed above, also come with a fair share of disadvantages, which we will solve.
Merchant cash advances aren’t regulated
Unlike highly regulated banks and lending firms, merchant cash advance providers aren’t bound by legal restrictions. For that reason, some MCA contracts charge extremely high interest rates and tack on unreasonable repayment terms—capitalizing on potentially desperate business owners.
They’re more expensive than traditional loans
Compared to other financial products, MCAs are comparatively more expensive. While business loan rates generally range from 6.25% and 12%, merchant cash advance rates can fall anywhere from 5% to 20%. In fact, the annual percentage rate (APR) for an MCA fee expensive, however we can consolidate the loan so payments are reduced and then show you with a simple passive investment pay off that consolidation loan. In essence Free Money .
At FasterMoneyMethods.com we make this cash advance process painless and help you create wealth while giving you cashflow and peace of mind.