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(Hosting-NewsWire.com, November 27, 2012 ) Melvilla, NY -- With banks and financial institutions’ recent failure to increase their pledged small business loans in order to help out businesses desperately needing working capital, funding options such as the merchant cash advance have gone mainstream. Their added flexibility and advantageous terms and conditions have helped many small businesses facing cash flow problems survive the recession.
Asked to point out the differences between a direct merchant cash advance and a personal or business loan, spokesperson for Direct Merchant Cash Advance stated: “With a merchant cash advance, business owners can benefit from all the advantages of a regular loan and none of the downsides. Unlike traditional loans, a merchant cash advance doesn’t require a background or a business credit check and personal guarantees. Furthermore, it doesn’t impact one’s future lending possibilities and it can improve one’s business credit once the cash advance is paid off”.
Banks’ tight monetary policy caused by the 2007 credit crisis has prevented small businesses to access immediate funding in order to expand business, increase product line, purchase new equipment, renovate or advertise. As a result of tight money, businesses started looking for viable alternatives to traditional business loans and identify other sources of credit for financial needs. The merchant cash advance has quickly become one of the top choices of business owners looking for reliable funding in order to solve their cash flow problems, buy inventory, expand service area or meet other obligations for survival in a challenging economy.
What makes the direct merchant cash advance option especially attractive to businesses is that there is no interest rate attached to it, as the advancing company collects only a percent of the credit card sales. This guarantees that, during a slow sales month, the business will not be forced to pay a high fixed interest rate, but a lower premium as a fixed percentage of the credit sales.
For more information on the differences between a direct merchant cash advance and a traditional loan, please visit http://directmerchantcashadvance.com/.
About Direct Merchant Cash Advance
Direct Merchant Cash Advance’s top priority is to help small and medium sized businesses obtain the working capital that they need to expand their business, purchase inventory, take advantage of vendor discounts, upgrade equipment and expand service area.
Contact Information:
Direct Merchant Cash Advance
525 Broadhollow Road
Melvilla, NY 11747
United States
Phone Number: 5163858385
Direct Merchant Cash Advance
Michael Lippe
5163858385
michael@directmerchantcashadvance.com
Source: EmailWire.Com
Source: EmailWire.com
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