As a business owner, you’re always on the lookout for ways to grow your business and increase your revenue. However, securing financing can be a challenge, especially if you have poor credit or a limited financial history. But with the help of Unsecured Finances, you can get the funding you need through merchant cash advance buyout loans.
What is a Merchant Cash Advance Buyout Loan?
A merchant cash advance (MCA) is a financing option that allows you to borrow money based on your business’s future credit card sales. Instead of making fixed monthly payments, you agree to repay the loan through a percentage of your daily credit card sales. A merchant cash advance buyout loan allows you to refinance your existing MCA with more favorable terms, such as lower interest rates and longer repayment periods.
Why Choose a Merchant Cash Advance Buyout Loan Over Traditional Financing?
Easier Qualification
Merchant cash advance buyout loans are easier to qualify for than traditional financing options. MCA lenders focus more on your business’s future sales potential rather than your credit history or financial statements.
Faster Funding
Merchant cash advance buyout loans are typically funded within a few days, allowing you to access the funds you need quickly to grow your business. In contrast, traditional financing options like bank loans can take weeks or even months to fund.
Flexible Repayment
Unlike traditional loans that require fixed monthly payments, merchant cash advance buyout loans offer flexible repayment terms. You repay the loan through a percentage of your daily credit card sales, which means that the amount you repay each day fluctuates based on your sales volume. This is particularly helpful during slow sales periods.
Lower Risk
Merchant cash advance buyout loans carry lower risk for lenders because they are secured by your future credit card sales. If you’re unable to repay the loan, the lender can withhold a percentage of your daily credit card sales until the loan is repaid. This is less risky for lenders than traditional loans that may require collateral or a personal guarantee.
No Collateral Required
Unlike traditional loans that may require collateral, merchant cash advance buyout loans do not require collateral. This can be beneficial for small business owners who may not have valuable assets to offer as collateral.
Merchant cash advance buyout loans are a practical financing option for business owners who are looking for flexible, fast funding with more lenient qualification requirements. At Unsecured Finances, we offer a range of merchant cash advance buyout loans to help you secure the financing you need to grow your business. Contact us today to learn more about how we can assist you in obtaining the funding your business needs.
Thinking of Starting a New Business?
Now is the time! With our society ready to get back in action (safely), new business concepts are quickly emerging with creative flows for serving the public without the high risk of spreading the virus. Put your innovative business concepts into play, and connect with us to get the funding you need to start your newest venture!
Financial restraints have been a complaint for many of the dreamers, limiting themselves to their immediate funds. There is an alternative. If you have the dreams and decent credit, Small Business Loans and No Doc Loans are available to you. Our goal is to provide you with the knowledge you need and the resources available to make your dream a reality. Give us a call – we have the education and the perspective to help you obtain the loans you need for your small business. Visit our website or give us a call to find out what financial backing is available to make your business soar!
Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.
Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584
