How Merchant Cash Advances Are a Simpler Finance Option
Many small business owners are hesitant to take advantage of financing out of fear of accumulating debt. The merchant cash advance is an alternative to traditional loans that are especially beneficial. These special types of loan are designed to be highly accessible, easy to repay, and almost impossible to accumulate debt. Turn to Common Sense Capital Solutions to learn more about financing and how you can apply for a merchant cash advance.
How a Cash Advance Is Different
The way cash advances are repaid are what make them so appealing. Instead of making set payments each month, a small portion of your credit card sales is collected. This means you owe less at the end of slower months. Cash advances are perfect for seasonal businesses or companies with inconsistent income. Other benefits of a cash advance include:
- Simple qualifications
- No required collateral
- No upfront fees
- No closing costs
- Short approval time
- Little paperwork
If you think your business could benefit from a merchant cash advance, turn to Common Sense Capital Solutions. We will work with you to figure out the best option for your unique situation. No two businesses are the same, so the financing solutions should be just as unique. We are always happy to answer all your questions, so give us a call today.