Did you know that this week is National Small Business Week? According to SBA.gov, in 2010 there were 27.9 million small businesses in the United States. It’s no doubt that small businesses are the backbone of America. And from the years 1993-2011, small firms accounted for 64 percent of new net jobs created. That’s why we find it so important to make sure businesses get the funds they need in order to continue thriving and supporting our economy.
So what’s keeping these small businesses, well, in business? Capital. Actually, working capital (your current assets minus current liabilities) is paramount to the success of any type of small business. But what if your business finds itself short on funds to pay your short term obligations? Or what if you have just enough money to pay these obligations but need extra capital to grow?
Loans and loan alternatives are what small businesses usually look to in situations like these. But due to to certain conditions and qualification criteria, some people find it difficult to be approved for a small business loans. We offer loan alternatives called merchant cash advances which help people obtain money without the traditional criteria usually associated with a small business bank or SBA loan.
Merchant Cash Advance (MCA):
- Good credit not required
- Collateral not required
- Money funded within days of approval
- Easy payback terms
Call us at 1-800-722-4476 to see if an MCA is right for your business or contact us now.