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Wednesday 17 August 2011

Merchant Cash Advance for Spas and the Beauty Salons


Business financing can be needed for any size of business. If you own a spa or beauty salon than you might be anxious about funds necessary in the growth and expansion of it. Getting loans for the purpose is not much difficult.  Loan availed from Business advance can always be utilized for purchasing business equipments, different other business supplies, etc. An amount of $250,000 can be offered to any business owner for the purpose. 

The Way Business Cash Advance Works:
Beauty salon or any forms of spas are considered to be some of the service businesses. So, it is necessary to have a certain amount of loan to be spent as payroll. Apart from that, some other expenses are also needed to be taken care of. The loans can be used for purchasing important equipments or other products. Maintaining cash flow for any form of business of this sort is difficult. Moreover, the suppliers do not agree on different credit payment procedure. 
Approaching a bank for loans, for any purpose does not always seem to be fruitful. Any financial institution will ask for collateral or personal guarantee. A required amount of credit cards sale is needed to be shown.

The funds taken as loan is often used for different purposes like payroll, remodeling of business place, buying necessary equipments, buying products, etc. In order to be eligible for the credit card cash advance, a minimum of credit card sale for $5,000 is needed to be done every month.

Tuesday 16 August 2011

Business Cash Advance Program from Rapid Capital Funding for Cellular Stores

Do you need funds for the growth of your cellular business? With Rapid Capital Funding’s business cash advance option, now you can definitely fulfill this purpose and can make your cell phone or wireless communications store stand out in the crowd.
It has been seen that most of the banks or conservative lending sources frequently remain unwilling to grant the small business loans for these cellular stores. Even when your credit score is good, the banks will want to avert these kinds of business loans owing to their slim margins.
But, with the merchant advance program of Rapid Capital Funding, now there is absolutely no need to get concerned about this aspect. It not only offers you with an unsecured working capital of equal to $250,000, but it also makes sure that you will receive the same within a span of just 72 hours.

The payback process is very hassle-free and unlike those traditional small business loans, you do not even need to offer all those personal guarantees and collaterals in this program. This way, now even if your business goes through a rough patch, you can remain assured that there would not be any types of the impact in the daily cash flow.
However, do keep in mind that in order to maintain your business as an eligible candidate for this merchant cash advance program, your cell phone as well as wireless communication store must accept Visa, Master Card, Discover Card as well as American Express as the methods of payment. Moreover, the credit as well as debit card sales should be a least amount of $5,000 per month and most prominently your business must be located within United States.