Using a Merchant Cash Advance To Improve Your Business
Business owners understand the importance of working capital, but many are hesitant to apply for financing due to worries about accumulating debt or being turned down for a loan. These risks can be minimized simply by choosing the right kind of financing. A merchant cash advance is designed not only to be as secure as possible, but incredibly accessible as well. Merchant cash advances are used by businesses of all sizes in every industry, and provide such benefits as:
- No closing costs
- No upfront fees
- Quick payment
- Simple approval requirements
In most cases, collateral is not even required. Purevue Capital can help you get approved. Learn more about how a cash advance can provide the capital you need to sustain and grow your operations.
How a Cash Advance Is Different
When you are approved for a cash advance, you receive your new working capital quickly. You are free to use it to improve your business, undertake an exciting new project, or get back on your feet. The real difference comes when it is time to repay your loan. Instead of the payments being pre-set before the loan is approved, the amount you owe depends on your income. Specifically, you pay a small percent of your credit card sales each month. This provides the flexibility your business needs without placing debt on the books. To begin your application today, give Purevue Capital a call right away.