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Merchant Cash Advance The Top Small Business Lender to Fulfill Your Business Needs Today

Every small business must experience some cash flow problems that need to be taken care of for smooth running of the business. Based on why your business needs the working capital, a merchant cash advance from the top small business lender will be incredibly vital. When it comes to merchant cash advance, you should make sure that you work with the best loan providers to make your borrowing experience an exceptional one. You must choose a reputable service provider and here are some tips to help you.


Pay Attention to the Customer Service and Support the Company Offers


Note that numerous companies offer merchant cash advance serves and not all of them will provide excellent services. Make sure you work with a merchant cash advance lender that puts the interest of its clients first. Determining the reputation of a top small business lender is now easier, thanks to the introduction of the internet. Visit their website and check out what their previous clients say about them since the online reviews and testimonials will help you get the information you need. You can as well engage them and ask some questions. Once you feel that they have treated you will, with respect and dignity, then you will be sure that this is the merchant lender who will treat you well for the entire experience. Working with a top small business lender is one of the best things since they will treat you with respect anytime you call them to make an inquiry.


Pay Attention to the Interest Rates


Many people have a misconception that merchant cash advance lenders remit high-interest rates. However, this is not true because the interest rate is calculated yearly. The majority of the merchant cash advance is usually repaid within three paychecks. When looking for business funding, make sure you work with a top small business lender where you will be treated well in regards to interest and other services.


A top small business lender must offer in person and online services


The majority of the merchant cash advance companies have the option of visiting a cash advance outlet or visit their website and apply for your merchant cash advance or do any activity related to merchant lending. Once your cash advance is transferred to your account and it is time to withdraw, you will be required to establish a legitimate checking account and implement an automatic payment plan to help you pay back the loan. Your top small business lender will give you the opportunity to pay utility bills as you participate in various services that you might need now or in the future. Make sure you focus on these three tips as they will help you get a top small business lender suitable for your business needs.

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Quick Guide to Choosing the Best Alternative Financing for Small Business

It is evident that financing a small business can be tricky for the majority of small business owners. Note that some business loans are best suited for startups while others are meant for established business. This detailed guide will make you understand the advantage of different types of alternative financing for small business help you find out what is best for your business.


Credit cards


Many businesses have been established their alternative financing for small business methods from personal credit cards. This is because cash is readily available and personal credit cards are easier to access than a traditional business loan. However, this does not imply that personal credit cards are the best alternative for your small business. The moment you ponder the benefits of the
merchant cash advance, you will find out that personal credit cards are much far from being the best alternative. When considering the merchant cash advance as your alternative financing for business method, you must factor in the interest rates and other charges. Note that personal credit cards have a higher rate than merchant cash advance, and using them to finance your business is risky. If your business collapses, you will impair your credit, and this will prevent you from buying any asset in future.

Personal credit cards should not be pondered as a form of alternative financing, and rather they should be taken as a backup source of business funding for a specific need. You will need to ensure that you have means to repay the amount to avoid affecting your credit.


Lines of credit


This is a form of lending that is offered in banks. The only benefit of this form of alternative financing for small business is its flexibility. For this reason, it is suitable for supplementing cash flow when you want to venture into a particular business opportunity or finance a necessary business expense.


Merchant cash advance lending


Note that new players who are flooding in the realm of the small business lending industry. These are merchant cash advance lenders who offer business financing to small business owners and many more
benefits. Loans provided by the merchant lenders are fast, quick and flexible. Bear in mind that when applying for a business loan from traditional banks, you must give collateral and they must check your credit scores. However, merchant lenders will only evaluate your daily credit card sales to determine if you are eligible for the advance. One of the advantages of obtaining a small business loan is that merchant lenders have the power to influence a wide range of makers like comments on social media platforms, online reviews, and bank transactions. This makes business funding more reachable, and the majority of business owners will know if they are approved and the advance of the short-term business funding to their business account.

There are many benefits of using merchant cash advance as a form of alternative financing for small business. By determining what your business wants and choosing the right lender, you will get an excellent business funding option for your business.

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A Comprehensive Guide to The Different Types of Small Business Loans

It is evident that to run a successful small business, some have to invest their time and energy, and at some point, being your own boss can become a little risky. Nevertheless, you can work with any of the different types of business loans available to protect your financial security. It is vital to find out what kind of business loan you will need and when it will be necessary to have one. Make sure you research and prepare well for the business financing before you obtain it. The article provides a comprehensive guide to the various types of business loans you may want to consider.


Merchant cash advance


Merchant cash advance
is a process where a merchant lender agrees to purchase your future credit card receivable in exchange for an advance loan. The lender gives a business owner business funding and deducts a portion of the credit card sales daily until the debt is paid. This type of lending is suitable for business that can’t be approved by traditional banks due to bad credit rating. These small businesses can take advantage of merchant cash advance service through a straightforward approval procedure. This is one of the best types of business loans found online with many benefits! Loans online are growing more these days and there are many reasons why.


Business line of credit


This is a type of business loan that offers the flexibility to obtain a business funding anytime you encounter an emergency. You need to present a good deal of paperwork annually to be approved for a business line of credit.

 

Read More: Getting a loan for your business in an easy way


SBA Loans


This kind of business loans are provided by the Small Business Administration, and they are very popular. Even though the SBA does fund business directly, it also guarantees them by assisting the small business to achieve funding from banks and other financial institutions. The bad thing about these loans is that the lender will look at both the business’ credit score and that of the business owner.


Term loans


The term loan is one of the popular types of business loans. They are mainly used for major investments in business growth or capital. These loans have a duration of 3-20 years, and they have a set repayment plan and a fixed rate.

Note that these are one of the most challenging business loans to obtain, and the application procedure is long and arduous. Business owners are advised not to rely on this type of business loan when they need instant funding. You will be required to have a large down payment and a proven track record.

 

Read More: How a Better Sales Promotion Plan Increases Revenue


Personal loans


Even though it is possible to finance your business with your personal savings, note that it is a risky move. This is because once you fail to pay a personal loan, you will be liable. Besides, debts that reflect on your personal credit might affect your personal credit rating. Make sure you build a strong business credit rating since it will help you get business loans using the name of the business. Given that the majority of lending institutions and banks are not ready to lend new business might consider using a personal loan. 

Published inPBC Blog
Tuesday, 26 September 2017 21:23

How does Merchant Cash Advance Interest work?

How does Merchant Cash Advance Interest work

Many businesses are wary about using merchant cash advances for the simple fact that they’re unsecured and they do not want to pay too much interest back. However, when you learn more about the cash advance interest that comes with these types of loans, you’re easily able to make a decision on whether or not this is something you want to use to your advantage. We can explain all about the interest and how it works when it comes to getting cash advances.


The Interest on the Loan You Take


With cash advances, your creditworthiness is not what determines whether or not you’re eligible for the loan that you need. It means that this is what the lenders go off of when it comes to giving you the cash advance interest rate. Depending on the credit score, your interest will be higher or lower. This is something to consider when the time comes.


Consider the fact of having a very low credit score due to various things. This might mean that a bank is not going to give you a business loan. They don’t work with people that have these low credit scores. This is just how it is. However, with a cash advance, you just have a higher interest rate than someone with impeccable credit.


You still get the option of having the loan, you just have to pay a bit more back. This is because you have to prove that you’re able to obtain the financing and pay it back in a timely manner.


Why Do They Even Let You Borrow?


A lot of business owners want to know why they even let you borrow if you have bad credit. While traditional banks need a payment every month, you sign up to have the lender take payments right from credit and debit payments made to your business. This not only shows that you’re committed to paying the loan back, but it is also one less thing to worry about which a lot of business owners like.


With cash advance interest, the amount that is taken covers not only principle but the interest on the loan, as well. You don’t have to worry about a thing, except knowing what size percentage is coming out of the payments that are made. This is all determined when you sign up for the cash advance.


Being prepared for a business is one thing but being able to keep it going is another. This is why so many are choosing to go with merchant cash advances that help, no matter the cash advance interest. Someone is willing to
work with them and believe in them and they’re prepared to take full advantage of it when the time comes. This is a great thing in the business world.


Skip those traditional banks and go with a cash advance. No matter the cash advance interest, you can always trust them to have the financing that is needed when you felt like you had none. This is a great consideration.

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Compare Loans Traditional Bank loans or Merchant Cash Advance

There are many ways to compare loans. When the time comes, you need to know which ones are going to be the best suited for the needs of your business and which might not be the best. This can be done through the use of the loans and all that comes with them. The good, the bad and the ugly need to all be laid side by side to find out if they provide you with a bit of everything that is needed.


Make the right selection for a better tomorrow.


Traditional Banks Loans

When you compare loans, make sure to consider many factors. Traditional bank loans can take months to get, and even up to a month to hear anything back on whether or not you actually qualify for the loan. This is something to consider when the time comes to obtain a loan. You want to work with a loan company that is going to give you financing when you actually need it, not in the near future.


Traditional bank loans go off of your credit score for whether or not you’re approved to even get the loan. This is a big consideration for many to make if they have bad credit. You might not even qualify to obtain the loan from a banking institution.


You have to physically go to the bank to obtain the loan. This is something that a lot of business owners just don’t have time for. This is why when you compare loans, the traditional bank loan doesn’t stack up very well as a great option for business owners.


Cash Advance Loans


Cash advance loans
are a quick, easy and great method for obtaining financing when it comes to having overhead costs that need to be covered. Not only can you get an answer about your application within two days, but you can get the entire loan within a week. Have everything you need in a few days from start to finish without having to worry about anything in the process. They have everything that you need to have covered without worrying about cash advances in the end.


Credit score for cash advances when you compare loans are only used for your interest rate and percentage paid to the lender. They’re not used on whether or not you qualify for the loan. This means just about everyone is approved for a business loan through an advance.


You can do everything to apply for the cash advance right online. There is no need to run around or meet with a lot of people. Just sit in your office, take a few minutes to answer the questions on the application and you’re off to obtain the necessary funding. It is just that easy to get everything started and ready to go.
Here is a list of some of the pros and cons found in Merchant Cash Advance.


Now is your chance to compare loans and find the right one for the business expenses you need to have covered. Never worry about not having everything you need right there with you. You can make the most of the loans through the right lender.

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Making it Easy Where to Find the Best Cash Advance Locations

When it comes to finding the best cash advance locations, you don’t actually have to go anywhere for them. You can just go right online and find exactly what is needed when it is needed. Never has there been a better time for alternative loan options. Never will you have to worry about a thing when you’re covering the overhead costs of your business, not having to leave the business and being able to cash out in the end. No one has to worry about a thing when it comes to the money and business that they’re trying to put together.


Learn more about the best of cash advances and what they can possibly mean for your business.


Finding Cash Advances Locations


Merchant Cash advance
locations are set up in many cities. They provide businesses with quick, no worry cash in their hands within a short period of time. A lot of times these are smaller loans and the interest rate goes off of the person’s credit. The same is true for a business cash advance, but it can be a larger amount, which is ideal for a business that is trying to cover some of the larger expenses.


The best part about cash advance loans is that you don’t have to worry about going to a place to obtain it. The entire loan process and application can be done right online. This is a great thing for those that do not have the time to visit an actual building and fill out the actual papers for the cash advances. You can feel a lot of comfort in knowing that the business providing the cash advance lending is one that is reputable and trustworthy.
Here is a list of things to know when seeking an online loan.


You no longer have to worry about not being able to obtain funding. You can speak with everyone out there that has used the cash advance for their business. This is always the best way to go when considering a little extra money to cover the costs of running a business, as they can become overwhelming for many.


Why Wait to Sign Up?


Skip those cash advance locations and go right online. You’re easily able to find everything that is needed when it comes to signing up. This puts you in the best position to make the most of the business and the cash that is needed. Take the next step in financing everything you need for your business. It is well worth it to find out what is needed to get you approved for the cash advance.


Take the time to check out the cash advances out there. Many are specifically designed for businesses and their needs. Speak with a professional today. You can be connected with a MCA lender in a matter of minutes when you sign up for the loan. They contact you and speak with you regarding the available loan options for your specific needs.


Take a minute of your time, because that is literally all it is going to take to get the funding that is needed when the time comes. Speak with someone today and look towards a better future tomorrow.

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Merchant Cash Advance your Source of Quick Business Finance

While working in the world of business, quick business finance comes up as one of the most important things that is needed to expand a business. It helps a business owner obtain much-needed capital investment that helps them buy new and better equipment, or hire new and better employees, or finally, to help them in making deals in times of dire crisis.


So, the question that comes up for many businessmen is “where to get this business working capital from?” For most people, the only viable option seems to be banks. They are big and have already helped millions of business owners for centuries, and today, they hold keys to the entire world of commerce. And so, it becomes logical that everyone would want to get quick business finance from banks. But are they really the best options that you can find? Or is there something better than banks that you can try?


The answer to these questions can be understood by acquiring a little knowledge about banks and how they process their loans.


Quick business finance with banks


Because cash-flow issues in a business are extremely common, businesses should
always have a plan in place to help them out of those situations. Many times a loan is needed and Banks are the most well known and the most conventional means for a business owner to obtain a loan for his business. Many business owners pursue a loan from a bank only to get rejected time and time again because of the strict requirements imposed by these large financial corporations when it comes to issue their loans.  


•    The banking process is tedious and is so archaic that their bureaucracy has not changed in over a century. This leads to a huge amount of time and energy wasted, something which is now especially really valuable in the business world.

•    The banks put a lot of restrictions upon you while functioning as your financial partners. They will not let you negotiate on their terms. You will not be able to spend the money on anything other than the set terms. And finally, you will not receive the loan in a lump-sum but instead in installments.

•    Banks are not made for quick business finance today, this is because regardless of what your need might be, and you will not attain your loan quicker than their strict policies allow them to. Also, you will have to give collateral to secure the line of credit, which can be bad for you.


So, is there a better option than banks that you can follow to attain quick business capital for furthering your business? Yes, there is and it is called
Merchant Cash Advance.


Quick business finance with Merchant Cash Advance


Merchant Cash Advance is the best way through which you can get financial capital much faster than banks. In fact, the whole process can be as fast as just twenty-four hours! So, what exactly is Merchant Cash Advance?


Well, Merchant Cash Advance is the process designed to satisfy business owners, by the business owners themselves. It allows Independent Sales Organizations, business owners, and Independent lenders come together and finance many business owners to help further their businesses.


The way it works is quite simple. First, a business owner approaches the chosen Independent lender with his/her proposal that includes his/her predicted future credit card sales. Second, the lender approves the proposal and calls for the meeting, in the meeting; both parties negotiate the terms and sign the contract. Finally, after the signing of the contract, the Independent lender transfers the loan amount in a lump-sum directly to the business owner soon afterward.


The repayment takes place through a pre-agreed upon a portion of the business owner’s future credit card sales. The only disadvantage that comes with this process is the fact that you will have to pay a higher interest rate than what you would pay for getting quick business finance from banks. But then, the advantages outweigh the disadvantage completely, and they are:


•    Any business loan with Merchant Cash Advance is quicker, transparent, and as secure as a bank loan but it actually feels like a business deal because you can interact personally with the lender without any reservations.

•    There are no restrictions with Merchant Cash Advance and your complete situation will be considered while processing your loan proposal. You will also be able to spend the money, however, the way you want. Even if you have a bad credit history it will not matter with Merchant Cash Advance.

•    While getting quick business finance from banks, you have to make your line of credit is secure by providing a form of collateral, but that is not the case with Merchant Cash Advance, because with Merchant Cash Advance, no collateral is ever required.


We hope this article has helped you understand that Merchant Cash Advance is better than banks to provide you with quick business finance, so consider choosing MCA today!.

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Merchant Advance Funding Puts Money in Your Business Account

With the right funding for any business, they’re able to succeed within a busy marketplace. This is always a great thing to think about. Not only are you able get the help that is needed, but you’re making sure that money is flowing into your business account. Find out some of the awesome benefits that businesses everywhere are getting when it comes to using cash advances instead of the traditional bank loan.


Quick, Effortless and Easy


Everything from the loan application to obtaining the money is quick, effortless and easy. From start to finish, you can ensure that you’re obtaining the best of what is being provided. Enjoy all that comes from a process that does not tie you up for days on end in order to obtain the funding that is necessary to the success of your business.


Expect to see payment credited to your account within a week. A day after you submit your application, which only takes a few minutes, you will be contacted by a broker. They learn more about your business financial needs. From there, they will get back to you in a day or so with lenders providing specific cash advances.


You choose what you want and then the funding is added right into your business account. It is quick and easy.


Everything is Convenient


Everything about
merchant advance funding is convenient. From the application that is being provided to the payment being made to your account. You can ensure that the whole process is done right on the computer. Never have to worry about losing out on business time because you have to hassle a bank for a loan.


Paperwork and more is done right over the internet. You just have to make sure to take some time, speak with them more and find out all that you can about these cash advances that are helping so many businesses succeed.


Pay the Cash Advance Back Easily


Payback for the cash advance loan is done easily and effortlessly. The payments are taken as percentages out of the payments made to your business through debit and credit cards. These percentages are taken to fully pay back the cash advance. The interest is rolled into the payments as well. Once the complete advance is paid back in full, you can then work with another lender whenever you need funding again.


Work with a MCA Broker of Your Own

When you sign up for a cash advance loan, you can expect to work with your own MCA broker. This ensures that you have someone that talks with you through the needs that you have. Check out your own broker to find out how they can help you with every aspect of your business needs.


Ready to get started? Just go online and start an application today. You can find out how much you’re able to get and speak with a MCA broker that is able to help. Merchant advance funding is a great way to go when your business needs cash.

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Merchant Cash Advance Easy Cash Loans Made Possible

Every business owner is looking for a way to obtain easy cash loans today. This surge in the demand of business capital is due to the volatile nature of the business world coupled with the financial pitfalls of the twenty-first century.  Knowing how to select the right one can be crucial in your business venture.


A business owner simply does not have a choice but to attain business capital at moment’s notice if he/she wishes to survive in such a ‘dog eat dog’ world of brutal business. One must ask the question, “Are bank loans still the right way to go for attaining any kind of easy cash loans?”. If not, then what alternative does an honest businessman have if he/she means to expand his/her business or use the working capital in the times of dire need?


Let’s examine the questions and attempt to answer them by looking at the system of banks and a better alternative that is the newly devised system of
Merchant Cash Advance.


Easy Cash Loans From Banks


For a vast majority of people, loans can only come from banks which leads to the observation that no other financial institution comes even close to the popularity that Banks have. Banks are huge, they hold the keys to the entire financial kingdom of the world, they print the money and also keep track of it. Banks are international, with branches spreading all across the globe.


But they in no way provide their loans easily even if you require one to save your business at a moment’s notice. In fact, you will have to follow their intense guidelines and tedious procedures to even apply for a business loan. You will be judged on the basis of your credit history, where a good credit history will get you brilliant prospects, while a bad one will only get you rejected from even applying.


The corporate oligarchy of banks does not allow you to negotiate the terms of the loan, and they even put several meaningless restrictions on you. Clearly, banks are not the way to go for easy business loans.


Easy cash loans with Merchant Cash Advance


Merchant Cash Advance, on the other hand, is not a conventional financing way and has only raised its head in the past few years. And yet, it seems to be surging in popularity, especially in the small business community. This is probably because the entire system of Merchant Cash Advance is decentralized and is not governed by a single body. It is a place where business owners, independent lenders and independent sales organizations come together with a conduct business financing deals.


The entire process of Merchant Cash Advance is designed to cater to all needs of business owners. While applying for Merchant Cash Advance, your personal needs will be taken into account and you will be able to negotiate the terms of your easy cash loans. The process is fast-paced, transparent, and hassle-free, complete with the bias-less screening process.


So, Merchant Cash Advance is indeed a way for business owners to attain business loans easily. They do include a higher interest rate than banks do, yet their advantages outnumber the disadvantages of the banking world

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Different Ways to Obtain Fast Cash Advance Online in 2017

The traditional methods of obtaining cash advances and loans have been on the decline because now is the time of fast cash advance online. Ever since its inception, ecommerce and internet technology has only revolutionized the state of the world. It is something that hasn’t once shown any signs of slowing down in the past thirty years. It has impacted the way we conduct business and exchange commerce. The latest innovation is the crypto-currencies such as bitcoin, and its parent technology Blockchain. The invention of these has been termed as big and as revolutionary as the whole the internet in its initial stages.

So, in this world of rapid changes, it is no wonder that the traditional means are on a danger of going obsolete. While on the other side of the spectrum, fast cash advance online providers have sprung up and are increasingly gaining followers.


Through the means of this article, we will look at the options and find out which one is the best one. We will compare banks, credit unions, and
Merchant Cash Advance to achieve this goal. So, without any further ado, here are a few ways for you to attain fast cash advance online.


Banks


Banks have long established to be the biggest providers of business loans. They are very much a traditional means of finance, but they have tried to adapt to the rapid changes as well. While it is true they still stand as the leaders in the field of giving vast loans to large businessmen, but they have long since failed in meeting the needs of the small and medium-sized businesses. Due to their tedious, bureaucratic system, that demands the debtors for collateral and judges them on the basis of their credit history. The banks are not capable of being the best fast cash advance, online providers.


Credit unions


Credit unions are community-based democratic financial institutions that are privately funded. Every member of the credit union is also a part shareholder of the entire organization. And so, all profits of credit unions are equally divided within its members. They used to be small communities but due to the internet age, have expanded far beyond any borders. And now, you can become a member of credit unions from any part of the world and attain fast cash advance online.  Yet, you still need a formal introduction from a current member to join in.


Merchant Cash Advance


Merchant Cash Advance is by far the latest member of this online financing club. Inside MCA, independent lenders, independent sales organizations, and business owners come together to form a decentralized financial institution that only works on one principle; profit. And so, the entire system is designed for the ease of business owners. The entire process can be completed in just twenty-four hours and is without any restrictions. You do not need any collateral or fret over a bad credit history.

And so, the best fast cash advance online providers are Merchant Cash Advance providers. They do charge a higher interest rate, but the ease of repayment and many other such benefits eclipse the shortcoming. This is the reason why they excel at this front. 

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We provide two highly accessible financing programs that can get your business the working capital it needs in days instead of months.

For a small business, obtaining a traditional loan today is a complex and difficult process. That’s where Premier Business Capital comes in. 

Merchant Cash AdvanceACH Loans 

 

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