Raise Capital With a Merchant Cash Advance
Could your small business benefit and grow from a quick infusion of capital? Are you frustrated by the lengthy application process required to obtain a regular business loan? If so, a merchant cash advance through Progressive Capital Lending Group may be right for you.
Basics of a Cash Advance
If your business accepts payments via American Express, Discover, Master Card, or Visa, you may qualify for a cash advance. Rather than paying back a fixed amount of a loan each month, the funds are repaid through a percentage of your credit card transactions. The cash advance can be used for a wide variety of business needs and is not restricted to a specific purpose.
Easy Application Process
Applying for a merchant cash advance differs greatly from applying for a traditional loan from a bank or credit union. First of all, the process is simple and quick, requiring only nominal paperwork. You may qualify even if you have been turned down for other types of loans, and perfect credit is not required. Here are some additional advantages:
- Upon approval, funds are ordinarily disbursed within one week.
- There is no application fee.
- Collateral and equity are not required.
- There are no closing costs.
A merchant cash advance could be the solution to strengthening your business by providing the capital to expand where you need it most. Contact Progressive Capital Lending Group today for more information.