Tuesday, June 22, 2010

Business Cash Advance

Business cash advance is one of the most popular financing methods for businesses. Cash advance providers would buy a predetermined number of Visa and Master card receipts from

business owners and provide them with business cash advance in lieu of those receipts. The amount that the seller receives is not a loan and it is a cash advance paid against the Master and

Visa card receipts and is paid back through the merchant account. The borrower need not repay the amount personally.

A business cash advance can be used by a business for a number of reasons:

* Maybe you just want to do some short-term general business funding to provide a bit of a buffer when cash flow is a bit tightened
* Maybe you want that advance for business development like expansion, increased advertising
* Maybe to finish a new contract
* To buy some brand-new business equipment
* Maybe you just want some small business funding to start up a small business

4 comments:

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