Is Revenue Based Financing and Merchant Cash Advance Right for My Business?
This type of fast funding is suitable for most businesses, especially those with steady or growing revenues and bank deposits. In particular, it’s great for businesses that need fast capital to take advantage of an opportunity or to handle unexpected expenses and for service industries that are often overlooked by traditional banks due to lack of assets to be used for collateral such as:
- Service Business
- Restaurants
- Construction
- Retail Stores
- Specialty Trades
- Manufacturing
If your business has steady bank deposits Revenue Based Financing or a Merchant Cash Advance can be approved quickly and with limited paperwork and without collateral.