Unsecured business loans are close to impossible to attain, particularly with the economy's current status. Secured business loans are generally arduous to get and if you don’t have optimum credit and a pristine business history, you’re not likely to convince any bank to give you an unsecured business loan. And if you are in the market for fast business cash, a business loan might not be able to furnish you with funding as rapidly as you need it. A business cash advance is an alternative to an unsecured business loan and it delivers more flexible options. You can secure the funding your business needs without the frustration and pain of a loan.
A business cash advance doesn’t require the very long and burdensome application process that a loan requires or require you to pay high application fees. It's not necessary compile years of financial and tax records or sort through and organize excessive amounts of paperwork. There are no application fees and applications are usually approved within 24 to 48 hours so you are in a position to quickly apply the funding to your business.
Unsecured business loans often require the business be in operation for a few years but a business cash advance can be attained even if your business is only a year old or even slightly under. Unlike a loan, you can get the cash you need even if you have less than desirable credit or even no credit. A business cash advance is based on the expectation of future credit card sales rather than being determined solely on credit, collateral and other stringent criteria.
Unsecured business loans demand payment of the loan back based on a schedule that has no flexibility. A business cash advance provides for repayment to be paid back via low fixed percentages of credit card sales based on cash flow so that you make your repayments as your business makes money. There are no concerns about how you will be able to afford your next loan payment, which may be high, and position yourself to keep your business operating. You do not have to be worried about cash flow because you’re just making payments as customers make purchases.
You can utilize the cash from a business cash advance for anything your business needs. From payroll, to advertising, taxes, renovations or anything else, you can attain the money you need. With a business cash advance, you’re simply converting future cash into monies you can use now and you’re doing it in a flexible, convenient manner that won’t leave you frustrated about how to repay it.
If your business is among the few that does qualify for an unsecured business loan, you could still consider a business cash advance for the convenience of the application process, securing money faster and for a more comfortable repayment option. Most businesses can benefit from the business cash advance alternative over traditional lines of credit and loans. Retain a healthy cash flow and keep your business out of a bind, apply for a business cash advance and get the funds you need minus the headaches and stress.
Secure a Business Cash Advance, the simpler alternative to unsecured business loans , today.