Business Cash Advance; A timely way to obtain working capital.

A Business Cash Advance (BCA) is one tool that can be a terrific way for a company to get the timely funding it needs; within a few business days. Business Cash Advances for merchants are provided by companies who purchase a pre-determined amount of future Visa/MasterCard sales receipts. Payments come directly from the business credit card merchant account through a percentage of each credit card transaction your business makes. The amount due is not fixed over time, doesn't include cash & check transactions, and are comparatively simple to obtain.

Many businesses cannot obtain a standard business loan from a bank when they need working capital. The bank's process is time consuming. Many businesses don't have the credit rating or strength that appeal to banks. Some businesses require a prompt infusion of a few thousand dollars, some need $250,000.00 or more. Banks usually won't take risks and require collateral plus fees as well as a personal guarantee. There is usually an application fee whether the loan is approved or not.

Additionally, a Cash Advance can be obtained by a business that is 6 months new. You do not have to use your personal guarantee in many cases, sometimes it is required. Funding amounts available range from $5,000 up to $1,000,000 based on gross sales volume and past credit/debit card receipts.