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Tuesday 15 November 2011

Alternative Funding Versus Commercial Small Business Loans


Now get the desired funds to start your business within just 7 days. This has been made possible by business cash advance from Rapid Capital Funding. This cash advance program not only allows you to get an unsecured cash advance of $250,000 but also makes sure that you get approval within 7 days unlike small commercial business loans.
Unlike commercial small business loans, here you make no down payment or stick to distinct terms. This cash advance is given to you without any personal guarantee or security collateral. You have no any startup costs or hidden charges and paper works are out of questions. Credit score or business history is not of that importance for loan approval.
The distinct thing about this merchant cash advance program is that it is totally dependent on credit card transactions unlike small bank loans. Moreover, the approval rate for business cash advance is also much higher in contrast to banks. In addition to that you can use the cash as per your business requirement and for that you don’t need to provide any application mentioning the details. In fact you can use the cash for buying new equipments, renovation, business expansion etc.
The pay back is directly linked to the doings of your business. This means that you payback as per your business conditions. You pay back more when your business does well and vice versa. So there is hardly any reason to panic if your business is facing a slowdown.
No matter what, business cash advance is always a far better alternative compared to commercial small business loans. What do you say?

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