What is a Business Cash Advance

And What Can It Do For You?

A Business Cash Advance is a an actual cash advance given to a merchant in exchange for a percentage of that merchant’s future credit card sales revenue.

This type of financial product has been offered for nearly ten years and its also known as a Merchant Cash Advance. Although it may seem similar, it is not a loan. Instead, an agreed fee amount or an agreed fixed percentage of the total advance is paid in addition to original amount of the merchant advance. In order to qualify a business must have been in operation for at least six months, and the business must be able to accept and process credit cards for purchases.

In today’s economic climate even if you have good credit and you’ve been operating profitably getting a business loan is not so easy. ‘Business Cash Advances’ have solved that problem offering fast, easy access to capital.