If you are in need of some funds for your business you may want to take a second look at a merchant cash advance because contrary to what many people believe a merchant cash advance is easier to secure than you may think. In fact, the most basic qualification you probably already meet, the need to own a business that has existed for over the last six month time period. If you meet this important piece of criteria you are already on your way to being approved.
It also may interest you to learn that if you own a restaurant that has been in existence for the last six months you are also qualified for a business cash advance in a separate category that is designed to help restaurant owners who need a little funding to get started on their way. Thus, before you decide if you qualify for merchant cash advance you should go ahead and apply because you may be surprised to learn that you are able to receive the needed funds that may help you turn your small business into a large business in no time at all.
The only other qualification that your business must meet is the acceptance of all major credit cards as a form of payment. Since most businesses in these days usually accept credit cards you probably also qualify for these terms as well. At this point, the only thing left for you to do is to apply by filling out an application and sending it along with the past four months of credit card statements from your company. Based on your potential earning power and your current revenues you will receive a quote of just how much you qualify to receive.
If you're considering a Merchant Cash Advance or Business Cash Advance, look to 7DayFunds for assistance and answers to help solve your situation.
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