Bolster Your Business with a Merchant Cash Advance
Obtaining financing for a small business can be a catch-22. You need funding to succeed, but banks and credit unions may be unwilling to lend until you can prove you will succeed. At Growth Lending Group, we strive to offer flexible financing solutions to help your business continue to grow.
One strategy that provides near-instantaneous cash and a simple repayment process is our merchant cash advance. We offer advances of up to $200,000 for a particular business location, and the funds are repaid through your future credit card sales.
Why Should You consider a Merchant Cash Advance?
There are numerous reasons this lending approach is practical for small business, particularly those with suboptimal credit scores that may be denied loans at other financial institutions. Here are a few of the benefits of a cash advance:
- Once your application is approved, you’ll get the money within a week.
- You don’t need to provide collateral.
- When you receive the money, you can spend it where your business most needs it according to your own judgment rather than the dictates of the lending party.
- The advance is simple to repay, and you aren’t strapped with fixed payments, closing costs or application fees.
- The application process doesn’t require mountains of paperwork.
Call Us Today
If your business needs a quick influx of cash, contact Growth Lending Group today to find out more about a merchant cash advance.