What You Need to Know About a Cash Advance Business Loan

Free Online Articles Directory

Why Submit Articles?
Top Authors
Top Articles
FAQ
ABAnswers

Publish Article

0 && $ .browser.msie ) {
var ie_version = parseInt($ .browser.version);
if(ie_version Login

Email

Password

Remember me?
Lost Password?

Home Page > Finance > Loans > What You Need to Know About a Cash Advance Business Loan

Categories
AdvertisingArts & EntertainmentAutomotiveBeautyBusinessCareersComputersEducationFinanceFood and BeverageHealthHobbiesHome and FamilyHome ImprovementInternetLawMarketingNews and SocietyRelationshipsSelf ImprovementShoppingSpiritualitySports and FitnessTechnologyTravelWriting

]]>

What You Need to Know About a Cash Advance Business Loan

By: Rick Houston
Posted: Oct 29, 2010

Most of you who are self employed would be familiar with the term ‘you have to spend money to make money’. This is after all how you create a growing and sustainable business. However, it is often not that easy for the self-employed to obtain traditional business loans, especially when you own a new or small business that hasn’t acquired a great deal of capital. When you require extra money to help grow or establish your business then a cash advance business loan could be just the thing you are looking for.

So, how does a cash advance business loan work? A cash advance business loan provides people who are self employed with a lump sum of cash to help develop their company. These loans are then repaid from a percentage of the credit card transactions received by that company. Because of this, cash advance business loans are really only available to those businesses who have credit card facilities for their customers.

How do you qualify for a cash advance business loan? To be eligible to take out a cash advance business loan your business will need to have been in operation for at least six months and have the facilities to accept Visa and Mastercard transactions. Most lenders will want to see a minimum of 00 a month in credit card receipts over a four month period.

Read more articles
Merchant Cash Advance, Corporate Cash Advance, Business Credit
Merchant Cash Advance – Business Funding Program
Merchant Account Cash Advance
Small Business Cash Advance – Minimum Requirements and Maximum Benefits

How do you repay a cash advance business loan? Repayment of your cash advance business loan is taken from a percentage of your received credit card transactions. Generally most lenders will take an average of 20% of your income from credit cards until the entire loan is repaid. To put this is monetary terms, for every 0 sale you make that is charged to a customer’s credit card, Visa or Mastercard will take their fee of about .50. Your lender will then take about 20% of this as a payment of your cash advance business loan and you will be left with the remainder. The great thing about these cash advances for companies is that there are no due dates for loan repayments or time limits to repay the debt and so therefore you will not need to worry about any overdrawn fees or pate payment charges.

What can you use the money for? Basically you can use the money from your cash advance business loan for any purpose that will benefit your company. It could be used to purchase more stock, pay for more shop fixtures, to fund advertising or for any other purpose that will directly benefit your business.

How long does it take to process your loan? As with any other cash advance loan, these business cash advances can be completed within 24 hours. They are easy to apply for and there are a number of lenders and brokers available online and so your application can be submitted and processed at lightening speed.

If you ever find yourself in a position where you need to start spending money in order to grow your business but are finding it difficult to get a loan from a bank, then a cash advance business loan could really benefit your company and help it on the road to success.

Rick Houston – About the Author:

Need a fast payday loan?Let us help, let us find the low interest payday loan for you, visit us at https://www.paydayloanranger.com and we will help you get the loan you need – no fax, easy online signup. Rick Houston is financial advisor with years of experience helping people to reduce their debt and improve credit rating.

Source: http://www.articlesbase.com/loans-articles/what-you-need-to-know-about-a-cash-advance-business-loan-3570871.html

]]>

Increase your traffic today just by submitting articles with us, click here to get started.

Liked this article? Click here to publish it on your website or blog, it’s free and easy!

Rate this Article

1
2
3
4
5

vote(s)
0 vote(s)

Feedback
Print

0) {
ch_selected = Math.floor(Math.random()*ch_queries.length);
if(ch_selected == ch_queries.length) ch_selected–;
ch_query = ch_queries[ch_selected];
}
}catch(e){
ch_query = document.title;
}
]]>

Article Tags:
cash advance business

Latest Loans Articles
More from Rick Houston

Wedding Loans: celebrate the occasion with pomp and show

Wedding loans are just designed to assist you overcome the shortage of fund, which might come up, while taking care of the wedding vows. The loans for your benefit are made available in secured and unsecured form. Those having severe credit problems too can attain the funds.

By: kelly lingard

Finance >
Loans
May 26, 2011

Text Loans-The Freedom of Mind with Instant Cash Flow

Text loans are especially designed and projected for those people who want to avail a handsome amount of money right from the comfort of home and office. This type of loan facility provides a borrower the freedom of mind to have financial security for unexpected problems.

By: Robert Andrew

Finance >
Loans
May 26, 2011

Bad Credit Car Loans – Easy Backup For Your Car

Bad credit car loans have made it easier even for the low credit rankers to avail finances to purchase a car. Only a straightforward procedure and the sum is at your reach and immediately you can buy a car for yourself without any obstruction.

By: Neel Makange

Finance >
Loans
May 26, 2011

Fast Loans Today- In Need Of Cash In Few Hours, Come And Avail The Benefits

The fast loans today scheme is financial solution meant for individuals suffering with financial problems. Such people have a list of expenses that need to be tackled as their income is not sufficient enough to fulfill all the needs in some months.

By: Alex Abigil

Finance >
Loans
May 26, 2011

Instant Loans for Unemployed: access immediate cash relief even without any job

Instant loans for unemployed are short term unsecured loans. These loans are easy to derive and are meant for applicants, who are unemployed and do need access to quick funds. The terms and conditions of the loans too are quite viable. If in case, you are looking to attain the funds against the best possible terms, you can best make use of the online mode.

By: Terry Bock

Finance >
Loans
May 26, 2011

Use an Instant Approval Payday Loan for Unexpected Emergencies

Whether we like it or not, emergency situations do happen and sometimes they totally catch us off guard at times when we are are low on money. Automobile repairs, unexpected medical problems and large utility bills can be reasons we need money in a hurry.

By: Rick Houston

Finance >
Loans
Jan 02, 2011

Should You Consider a Cheap Payday Loan?

It seems as though money problems occur at the worst possible times. You might be buzzing down the road one moment and then suddenly your car engine dies and you are forced to pull off the road.

By: Rick Houston

Finance >
Loans
Jan 02, 2011

How Can You Find Payday Loan Stores in Your Area

Sometimes the most time consuming part of getting a cash advance is finding reputable and reliable payday loan stores that are located close enough to your home or workplace for you to access in business hours. Finding payday loan stores in your area is not difficult these days.

By: Rick Houston

Finance >
Loans
Jan 02, 2011

Get a Guaranteed Cash Advance Regardless of Your Financial History

There are many different groups of people who are considered high risk by many financial institutions. If you fall into one of these categories you will certainly know it, as you probably would have had past experiences with lenders that required you to submit countless financial records or ones that even resulted in refusal.

By: Rick Houston

Finance >
Loans
Jan 02, 2011

Consider Payday Loan Debt Consolidation When You Can’t Make Your Repayment

There are some situations that may require you to take out a short term loan. While these loans may meet your need for urgent cash, you will generally need to repay these loans from your next paycheck.

By: Rick Houston

Finance >
Loans
Jan 02, 2011

Comments on this article [0]
Add new Comment