Small businesses account for more than 99% of all American businesses. On top of that, they employ nearly half of all the nation’s workers. Despite these dominant numbers, the fact remains that small businesses often have major cash flow issues.
A merchant cash advance is a quick, easy solution
With a merchant cash advance, you can obtain loan amounts of up to $200,000. This type of financing is engineered for speed, so you can have your money in as little as 24 hours. And you can probably plan on the loan’s term only lasting a couple of years.
This is all important because when you need fast cash, your options are limited. After all, traditional lenders aren’t usually known for their rapid payouts. And when waiting weeks, or even months, to hear back on your loan approval isn’t an option, a cash advance becomes much more enticing.