Qualifying for Merchant Cash Advance Financing
What types of organizations can qualify for a merchant cash advance?
Any type of organization that accepts credit cards or debit cards as a form of payment from their customers may be qualified for a merchant cash advance. Merchant cash advance financing is most commonly used in industries with retail business models since it’s based on card transactions, such as:
- restaurants, food trucks and bars
- hospitality (hotels, motels, resorts)
- retail stores and boutiques
- service businesses such as dry cleaners, auto repair shops and others
- salons and day spas
- medical and dental offices
- and other businesses that process customers’ credit and debit cards on a daily basis
For questions about specific industries or organizations that may benefit from this commercial loan alternative, contact us at 866-855-3640 or apply online.
How Does a Merchant cash Advance Help With Growing a Business?
This easy to manage business financing solution could enable your organization to grow faster than you thought possible, give you access to money needed for unexpected repairs, or keep your cash flow more consistent during cyclical or seasonal sales lulls.
Use merchant cash advance funding to improve your business’ financial position, negotiate for better terms with suppliers and vendors, make improvements or add new services or products which can generate additional revenue.
Why DB Squared should make your list of top merchant cash advance providers:
Unlike many business lenders that offer loans or cash advances to businesses, we never charge: Proposal fees, application fees, processing fees, due diligence or any other hidden fees. In addition, we offer competitive rates, programs with no UCC filing, flexible repayment options, and pride ourselves on the high level of customer service we provide.
Finding out more is as simple as calling one of our dedicated account representatives at 866-855-3640 or requesting a free, no obligation merchant cash advance financing proposal.