The Benefits of a Merchant Cash Advance
in Today’s Economy

The way you hear some people talk, an unsecured merchant cash advance is a great tool when the economy is struggling and credit is tight. And they’re right! Considering the current economic crisis and near panic in the worst downturn in the last 80 or so years, business lines of credit, especially loans for operating capital, all but dried up and disappeared. And as a retail business owner, you know that operating capital and cash flow are what we run on.

From the banks’ perspective, confidence in the small business owner was low; from the business owners’ perspective, our collective confidence, if there was any, was even lower. We didn’t cause the problem, but were certainly on the receiving end of the results.

During the credit crunch times, the merchant cash advance industry provided an alternative source of operating capital needed to keep many small businesses afloat. Now, as the economy is finally turning and trending upward, does the MCA industry still have value to us? Does it still make sense?

Absolutely!

An Express Working Capital merchant cash advance shares a common foundation with other funding and operating capital models, such as A/R and invoice factoring, that many of you are familiar with. Many, if not most, consulting and employee staffing companies would not be in business today if they didn’t have factoring to cover payroll and operating expenses. A merchant cash advance is just another option available to us, and as retail business owners, one of the things we want most is options.

Unsecured merchant cash advance financing provides business owners with a number of benefits when compared to a traditional business loan; the three with the greatest impact to you and your business are:

  • Payments based on revenues: Whether you have a seasonal business or not, we all have to deal with up-and-down business cycles. A payment amount based on your actual credit card sales volume helps you to manage your expenses when you need it the most. Sales go up, pay a little more. Sales go down, pay a little less.
  • Performance optimized funding: The funding amount for which you’re eligible is based on, and optimized to, your established sales and track record, not an arbitrary amount based on detailed, multi-year business and personal financial statements. This way, you can never borrow more than you can repay.
  • Rapid funding: From submitting an application, to having funds in your bank, a merchant cash advance is one of the fastest ways to obtain operating capital for your retail business. This speed of funding is one of the most important benefits a merchant cash advance provides.

The features, functions and benefits of merchant cash advance funding are not limited to slow or poor financial conditions. Variable payments based on actual credit card sales, and funding amounts based on value you’ve created through hard work, are good things to have in any economy.

Express Working Capital
Here when you need us.

Our Free, No Obligation Quote will get you started, and let you know exactly how our cash advance program will work for you and your business.

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