How a Merchant Cash Advance Can Help Grow Your Business
At Optimal Alternative Lending, we understand that the economy has a direct effect on small businesses. Having a poor credit profile or not having a sufficient credit history could prevent you from getting business loans from many companies. When your company has trouble maintaining the working capital it needs, a merchant cash advance is often a solution.
Benefits of a Merchant Cash Advance
Not only does a merchant cash advance provide you with working capital to grow your business, but it also offers the following advantages.
- Minimal paperwork
- Easy payback
- Funds arrive in as little as seven days
- No fixed payments, fees, or closing costs
- No collateral is required
Uses for a Merchant Cash Advance
Optimal Alternative Lending offers you loan amounts of up to $200,000 per business location. This alternative to a traditional business loan takes your advance out against your future sales, regardless of which credit card company you use. You have the freedom to use your advance in any of the following ways.
- Purchasing equipment
- Maintaining inventory
- Filling client orders
- Expanding your business
- Purchasing supplies
If you are looking for a way to receive fast, reliable funding for your business, contact Optimal Alternative Lending. We are happy to discuss financing options with you and help get your business on the right track.