What is a quick alternative to a business loan?
A typical business owner will usually spend 3 weeks to 3 months, just to get their business loan approved or even processed. According to BusinessWeek, the success rate on a traditional business loan such as a Bank Loan, SBA Loan, SBA Express (7a) and Equity Loans are in the range of 10% – 18% on approval. One of the reasons for the slow processing time and low approval rate, is the amount of documents required to process your loan request. As listed on SBA.gov, these documents required, but not limited to, include business plans, personal and business financials, resume and bank statements. So, what is a quick option for businesses seeking financing? Simple – a business cash advance. Get a cash advance for the working capital needed, so you can spend more time growing your business and less time behind a desk filling out loan paperwork!
Benefits of a Fast Cash Advance
- 24 Hour Approval and Funding in as little as 72 Hours
- No hidden fees and no costs for applying.
- You can use the small business funding for: expansion, inventory, marketing, taxes, cash flow, and many other needs.
- Works for businesses in retail, medical, service, hospitality, restaurants, and more!
When your business needs cash now, Merchant Cash and Capital is here to help. MCC can give you access to up to $500,000 in cash within days, with no application costs and no obligation for applying. Our simple funding process is easier than applying for a small business loan, and you can be approved regardless of your credit history. Here, we pride ourselves on offering business funding in the fastest manner possible while supplying you the highest level of courtesy, professionalism, and knowledge available in our industry.