Most small business owners would love to have additional capital to grow their company, such as expanding their space, purchasing new equipment, hiring additional employees or simply having cash on-hand for random expenses. What some small business owners may not realize is that instead of applying for a small business loan, a merchant cash advance may be better suited for their industry. Here are five things you need to know about merchant cash advances so that your small business can get the financing it needs to grow!
1. The payment schedule – Unlike small business loans, the payments for a merchant cash advance won’t be the same every day. Instead, they wi...Read more »