Small businesses continue to struggle to find affordable financing options, even well-after the end of the Great Recession. Now, low cost restaurant merchant cash advance loans are available, thanks to alternative lenders. With competitive merchant cash advance rates, these online merchant cash advance options are the best and fastest merchant cash advance loans on the market today.
In the period lasting from mid 2008 through 2009 and into early 2010, the national economic downturn dampened commercial funding greatly. Tough economic circumstances led to a wave of loan defaults, which banks are in the processes of recovering from slowly. Hundreds of millions of dollars in mortgages, auto loans, student loans, credit card lines, home equity, and small business loans remain unpaid.
Making matters worse are dozens of new federal mandates and banking regulations. Small businesses are disproportionately harmed, as a result, with loan denials at near record highs. Loan applications are long and complicated; requirements are stricter and substantial verifications are now normal. In addition, applicant businesses must have near perfect credit and demonstrate the ability to repay in several ways. Loan qualifications are based on future profit and loss projections and personal and business assets and liabilities. Years of tax returns must be provided as well as certified financial statements.
Online merchant cash advance alternative lenders make commercial financing a simple process, not requiring credit history reviews or collateral commitments. In addition, there are no application fees or hidden costs. Approval rates are 98 percent and loan application approvals are delivered within 24 hours. Funds can be used for any purpose and are directly deposited in just three to five business days.
Restaurants can get the funding they need easily and make opportunistic buys, purchase new equipment, or expand their footprint. Businesses may borrow between
Tap into a merchant cash advance today and move business forward for a brighter future. Get funding fast with limited paperwork without a credit check or collateral. Simply fill out the online form to apply and qualify and receive funds in less than a week.
BusinessCashAdvanceGuru.com expanded nationwide services are now available in the following geographical areas:
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