Merchant Cash Advance
Merchant cash advance is an alternative to traditional loans. Businesses with low credit score and limited or no assets can raise funds through this system. If you own a business with a decent volume of card transactions, then merchant cash advance system could be the ideal funding option for you.
Merchant cash advance system has many advantages over a conventional loan. You obtain the financial aid required, without a collateral. Here the lenders offer you the required amount in exchange for a share of your future credit card sales. Remittances are drawn on a daily or weekly basis. Since the remittances fluctuate according to sales volume, the MCA system offers greater flexibility to the businesses.
Cash advances are processed much faster than a conventional loan. If you have a short-term credit requirement and do not qualify for a traditional loan, merchant cash advance is the right solution for you.