A Business Advance without Business Loan Restrictions

Loans can be extremely restrictive for small business borrowers. Secured loans require the use of collateral such that the financing company can hold the deed or title to the collateral until the loan is repaid in full. This can bear considerable strain to the borrower's peace of mind during the repayment process. Additionally, credit history is a large determinant of approval and interest rates of loans so that business borrowers with less than shining credit histories have less loan options and pay more in interest. Lastly, one of the largest limitations of taking out a loan is the stringent repayment schedule. When offered a loan a borrower typically agrees to pay off a set amount per month. Regardless of revenue fluctuations and pace of business, loan borrowers are locked into this amount and must somehow provide the funds even if business revenue is too low to make the payment amount.

Small business owners in need of fast cash now have an exceptional alternative to borrowing from a financial institution. A business advance from established companies such as Rapid Advance, provide immediate funds without the provision of collateral and without the stress of a strict repayment schedule. At RapidAdvance over 80% of all merchants receive approval and funding for business advances within ten days. Credit history is less of a factor and repayment is based on the revenue that your business receives.

How Does RapidAdvance Manage to Offer Such Flexibility and Ease

Qualifying for a RapidAdvance business advance is incredibly easy. A business owner who has accepted Visa and MasterCard transactions for the last six months, has a monthly Visa and MasterCard transaction volume of at least $2,500, has resolved any bankruptcies and has one year remaining on the business lease is qualified to receive immediate funds. How does Rapid Advance manage such simplicity? The company and other cash advance companies of this nature receive a percentage of their clients' credit card transactions as the means of repayment. This allows repayment to match the pace of business. Visit www.rapidadvance.com to apply for a free, no obligation financial services quote. Here you can be assured that you are being assisted by a trusted resource that can grant you the immediate business advance that will get your business where it needs to be.