Don’t Be Afraid To Request a Merchant Cash Advance
The idea of taking out a business loan produces nervousness in many small business owners. Unlike huge corporations that manage six-digit figures on a regular basis, small businesses are often hesitant to take on debt. This is understandable, but holding back can actually lead to slower growth, precisely what you’re trying to avoid. At New Horizon Capital Funding, we encourage small business owners to take advantage of a merchant cash advance for any need.
Merchant Cash Advance: Customer-Friendly Financing
At New Horizon Capital Funding, we try to benefit our clients with every type of financing we provide, and a merchant cash advance is one of the most comfortable options available. This type of loan doesn’t affect your credit score or leave you with debt if something goes wrong. Here’s why:
- No equity required or lost
- No closing costs
- No application fee
- No minimum monthly payment
- No spending requirements
This type of loan is based on your future credit card sales. You don’t need to worry about forgetting to pay because the money is automatically subtracted from your total sales that month. Since repayment is percentage-based, it doesn’t matter if you have a slow month or a phenomenal one for sales. Your finances, business assets and bank accounts are always safe.
If you have been holding back from applying for a loan because you’re afraid of the “what if,” then you’ll love our MCA financing program. Contact us to find out more.