Getting a business cash advance can be a smart business move. But just like with any other business venture, it is important to fully understand how a business cahs advance works.

Like a business loan, a business cash advance is lent to a business owner in order to help finance a business. But unlike a business loan, a business cash advance is not approved based on the credit history of the applicant.

It may be easier to understand the concept of a business cash advance when compared to a payday cash advance. Like a payday cash advance, the recipient of a business cash advance is lent money, based on the premise that it will be repaid once the applicant's primary source of income is received. Payday advance recipients are expected to repay their advance once they receive their paycheck. Business cash advance recipients are required to repay their cash advance from their business' credit card sales. However, with a business cash advance, you do not have to take the money out your self, as a percentage is automatically deducted from these credit card sales, making payback hassle free and cash flow friendly.

A business cash advance is not limited to business owners who operate stores or restaurants. It can be useful in various industries. Whatever your business may be, as long as your business processes a minimum of $2,500 in monthly credit card sales, you may be eligible to receive a business cash advance.

In order to receive a business cash advance from Merchant Resources International, you will need to fill out a two-page application. In addition to the application, you must submit documentation of the last four months of credit card sales from your business. A specialist will review your completed documents, and asses how much money can be advanced to you.

This process can take as little as seven days, from the day you submit your application, to the day the money is wired to your account.

When your loan is slightly more than halfway repaid, you become eligible to renew your business cash advance. Over 85% of our customers choose to renew their advances.

If you would like to use a business cash advance to advance your business, simply fill out an online application, or contact one of our specialists at the phone number provided on the website.