What Your Business Needs for Quick Cash Flow
Business loans require collateral and guarantees that business cash advances do not. Business cash advances can also be acquired more quickly than the traditional small business loan, as there is much less required paperwork. High risk businesses or with bad credit are invited to apply. Business Cash Advances are made to you based on future credit card sales and your flexible repayment plan is scaled to the volume of your business. When business is slow, you pay less. You reimburse the lender to the rhythm of your sales.
Small businesses have NO application fees, NO out-of-pocket costs, and NO fixed payments. We use your recent sales history to determine the cash advance amount for which you qualify. We do advance up to $250,000. The application process is quick and easy, and will take less than 48 hours to be approved.
Why a Merchant Cash Advance?
Business Loans are becoming more and more difficult to acquire. Banks are not lending as readily as they were. If your business is having cash flow problems, time is of the essence. Business Cash Advances have a quick turn around and are an excellent alternative to the traditional business loan. The application process is simple and direct. We do not need collateral, guarantees or tons of paperwork. We will acknowledge the receipt of your application within 24 hours, and your approval in less than 48 hours. Cash flow difficulties are very common in this tough market economy. As a business owner you are often obliged confronted with a sluggish marketplace, to choose between paying your employees or paying the bills, or buying the needed equipment or not. With a business cash advance or a merchant cash advance these kinds of choices along with their stress levels become history and you can keep going forward to the next level.
How Do I Apply?
Let a Business Cash Advance put you on the right track to success. Fill out our short and simple application by click int this link; this will take you just a few minutes to do. The business cash advance will give you the operating capital you need to keep moving forward. Please consult the How It Works section as they offer many different services for your business.
Requirements:
• Your business must not be a start-up
• Your business needs to accept credit cards for at least a year
• Your business processes $5000 per month of credit card transactions
• Your business must have a lease and be current
Repayment
Merchant Services Companies and Business Cash Advance companies will work together with you and your business account provider. A small percentage of your credit card sales will be dedicated to the repayment of your cash advance. The average length of time over which the loan is repaid is from 6 months to 1 year. There are no late fees, no difficulties.
Electronic Transfer Payments
Credit cards have become the primary payment form in the United States to purchase goods and services. Credit cards are a major player of all business done today. Business cash advances have become a popular manner to borrow money in proportion to the popularity of credit card use. Express Funding Group was the pioneer of this business. They realized very quickly the cash reserve potential merchants could have with their credit card transactions, and that they could extend cash advances using the future credit card sales of these merchants as collateral.
The amount of credit card transactions that your company has generated over the past 3 months helps determine the amount of your business cash advance. Repayment plans are flexible. Genesis Business Cash Advance will work side by side with you so everything will flow correctly and be balanced.
No Personal Guarantees are Required
There are No application fees, No complicated paper work and it is free to apply. The business cash advance process is appealing, as we do not dissect your business under the microscope; we briefly look over your ratings and accounts to generate what we call in the trade your businesses “worthiness”. The percentage of approval is therefore much higher for businesses applying within our industry than in the banking industry.
When your application is approved, the monies are immediately transferred into your business account, and you can access this money immediately. Unlike Bank loans where the administration involved in the loan process as well as closing costs can cost you both time and money. Cash Advances offer you the choice of how you spend your money. There are no restrictions; you put the money where your business needs it.
No Collateral
Business owners turn to loans for several reasons, for expansion purposes, product development or possibly the creation of a new business, or a joint venture. Loans offer the possibility to get you to the next level of accomplishment without having to use your personal financial reserves. Loans are also very helpful in this sluggish market economy when cash flow is sometimes a difficult commodity.
The most common loans are collateral based loans, meaning you use the value of something you own that is equivalent in worth to the sum of money that you want to borrow. This object or thing is the collateral for your loan and guarantees that the lender will be paid back in case of default. For example when you take a mortgage out on your house, the value of the house is assessed and you can borrow only up to a certain percentage of that value. If you cannot payback the loan the lender can decide to sell your house if legally permitted to find his money.
Genesis Business Cash Advance offers non-collateral loans as they take away the stress of loss and require only the borrower’s signature on the contract for the loan to be approved. Fill out the application today and in less than 48 hours you can have the cash you need on your account.
NO HIDDEN FEES 95% APPROVAL RATE
You Can Qualify for up to $ 250,000
Genesis Business Cash Advance is the answer for your company during this tough financial environment.
Our specialty is non-collateralized business financing and solutions based upon your future credit card sale transactions. This is NOT a loan; we just purchase your future credit card sales at a discounted rate. If you accept Visa and MasterCard payments you can qualify for our Business Cash Advances. 95% of small businesses do qualify for our Merchant Cash Advances. The application is FREE, there are no up front costs. You can apply for $ 2,500 up to $ 250,000 and you will be approved in under 48 hours.
Scaled payment plans allow you the flexibility needed in this marketplace; business is slow, you reimburse less. We offer affordable factor rates and flexible not fixed payment plans.