COCONUT CREEK, Fla., (WiredPRNews.com) — Small- to medium-sized businesses around the country are finding it harder to get bank loans and business lines of credit. To get bank loans, companies must deal with lengthy applications, credit checks, reference checks, heavy paperwork, high fees and more. But for certain types of businesses, a business equipment loan alternative from BusinessCashAdvance.com are an easy option.
Founded by financial professionals, BusinessCashAdvance.com provides merchant cash advances as an alternative to business lines of credit and business equipment loans. With a fast approval process, cash advances are helping to ease the economic crunch for thousands of small businesses around the country.
Even companies that have been denied by a bank for a loan or another business equipment financing option still qualify for a business cash advance as long as they process at least $5,000 a month in credit card sales. Since it’s based on future sales, repayment is flexible and credit requirements are minimal.
Restaurants, auto repair shops, medical offices, beauty salons, retail stores and others can qualify based on their credit card processing volume. Getting approved for cash advance financing does not require any long applications or business plans. In addition to financing commercial equipment the cash advance can be used for any purpose.
At a time when bank lending hits an all-time low and credit card limits are being squeezed, BusinessCashAdvance.com offers an easy option when companies need it the most.
Founded by financial professionals, BusinessCashAdvance.com provides merchant cash advance financing for small businesses. It has helped companies in a broad spectrum of industries and continues to be a leader in business financing.
More information online at http://www.businesscashadvance.com or by calling 866-411-0606.