Merchant Cash Advance
Quick Funding w/ NO Credit & NO Personal Guarantee
Merchant cash advances help businesses grow and prosper (if used correctly). Merchant cash advances are business loans received by merchants from banks or alternative lenders.
One of the virtues of a business having an active, well-managed Merchant Processing Account with high $$$ average activity is that the company is fully qualified for a Merchant Cash Advance loan if it needs to increase its cash flow for any reason. It’s QUICK MONEY.
Businesses with less-than-perfect credit often use Merchant Cash Advance loans to finance their activities because their business provides the loan’s collateral. And in some cases, these advances are paid for with future credit card receipts or with a portion of the funds the merchant receives from sales in his online account.
Rather than using a business' credit score, these alternative lenders who offer Merchant Cash Advances consider the business’ creditworthiness by looking at several other factors, including the dollar volume the merchant receives normally through its business sales and what it receives from online accounts like PayPal.
They also look at what type of business is being conducted and how the cards or checks are being received and/or conveyed to the merchant.
For example, a merchant who requires all of their transactions to have the card holder present to personally swiping their card at the time of the transaction is going to be priced much differently than a business working solely with online sales or other third-party telephone orders. Merchant Cash Advance percentages & terms are determined on a case-by-case basis.
So, whatever you may need to build and better manage your business, BBB Commercial Financing Has You Covered.
(Purchasing / Refinancing)
Experts with SBA Lending Programs
5-Minute (AUTOMATED) Pre-Qualification
LOW RATES w/ EXCELLENT TERMS
SBA Loans/Grants For Small Business
Congress just passed a $4.5 Billion Dollar Relief Package for Small Businesses, but this money will go fast, so YOU HAVE TO ACT NOW TO GET IT...
Money for the original Payroll Protection Plan (PPP) ran-out quickly, and now many banks and lenders have stopped taking applications, but BBB is accepting New Applications, which will be assigned to the SBA for this next round of relief funding.
This way, you'll get funding faster. That's because you signed-up sooner, and this money is available on a FIRST-COME FIRST-SERVE BASIS, so you'll be nearer to the front-of-the-line when the new relief money is distributed
The SBA has both GRANTS & LOANS for Small Business owners. Loan Interest Rates are less than 1% interest and Grants never need to be repaid.
These special GRANTS provide an "emergency advance" of up to $10,000 to small businesses and private non-profits harmed by COVID-19 .
The advance does not need to be repaid under any circumstance, and may be used for business purposes, such as payroll or paying sick leave, or paying business obligations, like debts, rent and mortgage payments. (See p. 28, Section 1110(e)(5) of H.R. 748 (CARES Act))
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