Merchant Cash Advance
Merchant Cash Advance: How Every Business Owner Can Benefit
At Resource Capital Solutions, we’re constantly upgrading our financial solutions to keep up with the times. One thing we’ve noticed in today’s unpredictable economy is that many companies are ending up with poor credit through no fault of their own. That’s why we offer many alternatives for financing, such as our merchant cash advance program.
We make it easy to apply. Why should you sign up?
The Benefits of a Merchant Cash Advance
MCA financing is an exceptional solution for all companies. It’s especially valuable for business owners with poor credit. Here are three reasons why:
- You don’t need great credit to qualify
- MCA financing is easy to repay
- A merchant cash advances doesn’t affect your credit
Why don’t you need great credit to apply for an MCA loan? It’s because the loan amount is based on your monthly credit card sales. As long as you have consistent sales, getting approved is relatively easy.
The MCA Financing Process
Once you’re approved, you can apply for a loan to use however you want. Many companies use MCA financing for smaller equipment purchases and technology upgrades. You can also treat the loan as working capital for any need, from marketing to hiring. Each month, a percentage of your credit card sales go towards repaying the loan. It’s that easy.
To get started or learn more, contact us right away.