Starting up a business often calls for various management requirements. The most essential of them all is the financial requirement. And especially if you run a small business then obtaining small business loans gets all the more difficult. Now with the introduction of merchant cash advance by specialized lenders like Rapid Capital Funding, procuring loans has become so easy and efficient.
At Rapid Capital Funding you will receive unsecured business loan of up to $250,000. This vital money for business is useable for all types of business purposes. Rapid Capital Funding does away with all the strict norms and policies associated with conventional form of banking. Here, you can be sure of no collateral and personal guarantee, no hidden fees and up-front costs and no specified terms of use. Even if your business has a bad credit history then, you will qualify to receive the merchant cash advance from Rapid Capital Funding.
However, Rapid Capital Funding has a few business criteria that are to be fulfilled in order to receive the business cash advance. These are:
• Your business should be located within the US
• You must accept Visa and Master Cards.
• The sales volume of the credit and debit cards should be $5,000 and above on a monthly basis.
With Rapid Capital Funding you pay as you earn. The processing of the credit card invoices is done that yields revenue for the lender and borrower. Thus, in this way when you obtain merchant cash advance the electronic payments are processed. This is known as credit card factoring.
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