For a business owner in need of fast access to capital to grow their business, a short-term working capital advance – also known as a “merchant cash advance” – is a solid option. A merchant receives upfront capital in exchange for a percentage or a fixed portion of future bank deposits and/or credit card sales.
Businesses Are In Need Of Short-Term Working Capital
Many businesses are in need of short-term working capital advances for things such as making payroll, growing inventory, purchasing new equipment/packaging/supplies, marketing or advertising dollars, expansion/renovation of the business, rent payments, and more.
Some of the benefits include:
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