Get Working Capital For Your Business This Week
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Get Working Capital For Your Business This Week

90% of Businesses go out of business each year because they can't get money and credit for their business

If you’re a small business owner, you’ve likely struggled to access the capital you need to finance your growth, or to use as working capital. Traditional lenders often see small business owners as a risk, which can make it difficult to find financing. But there are other sources of capital available.

The Merchant Cash Advance

When you need cash quickly, a merchant cash advance is one quick and easy option. This form of unsecured debt is ideal for businesses that need a short-term infusion of working capital, like small businesses and service providers.

The main advantages of a merchant cash advance are that you have much more flexibility and control over how you use the money, and you won’t have to undergo the same lengthy approval process as a traditional small business loan.

Financing a small business isn't easy. Only 10% of the businesses that submit a loan request at the bank get approved, making it difficult for many small business owners to thrive and grow.

Small Business Loan Requirements

Small business loan requirements vary depending on the bank, but in most cases, you'll need to have been in business for at least a year, have a good credit rating (at least 720+), and have sufficient collateral to secure the loan.

You'll also want to be able to offer proof of your business's profitability, such as a tax return or financial statements.

Once you've gathered the necessary documents, it's now time to head to the bank. Once there, you'll likely have to meet with the bank's loan officer to discuss the purpose of the loan, review your financial situation, and finalize the terms of the loan.

On top of that, traditional small business loans often require a lot of paperwork and can take weeks to process.

Online Immediate Approval

If you need cash for your small business, a merchant cash advance can help. You can get the money you need fast without the same cumbersome requirements as a traditional small business loan.

You can use the money however you want, whether it's to expand your business, pay bills, or invest in your current operations.

The three biggest benefits of a merchant cash advance are:

? It's quick and relatively easy to qualify.

Unlike a term loan, you can access the funds you need in 72 hours or less. Lenders will often approve your application and issue your advance within 24 hours. This could be a good option for you if you need cash to address an immediate need.

? The ability to immediately access additional cash, can enable you to take advantage of opportunities.

Many business owners will use an advance to finance short-term opportunities which could lead to long-term growth.

? There are fewer limitations on how you can use the advance.

Once you have the cash there are no restrictions on how you can use it. This is unlike an SBA or other traditional loan.

At David Allen Capital, we understand the importance of getting the additional funding you need for your business for operations, inventory, payroll, expansion, advertising opportunities and more.

Capital is the life’s blood of any growing business.Without it, you will have vision and drive, but will be limited in your ability to take the next steps and generate the powerful expansion and profit you're looking for.

We provide online immediate approval. There are no hard credit inquires (you can qualify for up to $25,000 with a 450+ credit score. Advances of up to $2,000,000 require a credit score of at least 500+). You don't need any collateral and you can receive funds the same or next business day.

Let’s talk today about what we can do to help you with your goals.

Visit us at: dac.ebizlenders.com

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