Three Reasons a Merchant Cash Advance May Be Right for Your Business
Obtaining a loan from a credit union or bank may be difficult for some businesses. However, most businesses accept credit card payments. A merchant cash advance with HDA Financial Firm allows you to borrow money against future credit card transactions. This allows you to grow your business when other alternatives are unavailable.
In as little as seven days, you can receive up to $200,000 in funding. Common credit card sales come from the following entities:
- American Express
HDA Financial Firm requires companies to fill out minimal paperwork allowing you to spend more time operating your business than applying for funding to keep it going. Companies can enjoy the following financial benefits of this type of business loan:
- No required collateral
- No equity loss
- No application fee
- No fixed payments
- No closing costs
Quickly see your funds in your merchant account to spend as you see fit. Use the money to buy new equipment, upgrade old equipment, increase your inventory or expand your business. Finally stock your shelves with new supplies or push out that marketing campaign necessary for increased sales.
Grow your business or stay on track for your goals with a merchant cash advance. HDA Financial Firm has specialists standing by ready to help you achieve your financing needs.