Merchant Cash Advance provides Massachusetts businesses with upfront working capital in exchange for a percentage of future credit card sales
About Merchant Cash Advance's in Massachusetts
There is no denying that a large part of the economy in the modern world operates around credit. With the help of credit, there can be more flexible payment options, and in the case of businesses, it can speed up their growth and development. For example, a Merchant Cash Advance in Massachusetts can boost cash flow even when a company might be in a drought for the time being. An advance in cash inflow can be granted in exchange for a percentage of future credit sales.
Why do Massachusetts businesses need Merchant Cash Advance Funding
When extreme difficulties within a business’ day-to-day arise or when there is a quick opportunity for expansion, business owners need an urgent boost of cash inflow other than their daily earnings in order to keep up with the demands of owning a business. A merchant cash advance in Massachusetts is the best way to quickly get more budget to spend on daily expenses or renovations, improvements, and expansions on the business.
Alternative Funding is a leader in providing alternative lending services to various United States-based companies. Our team of experts in the lending business can work together with business owners to provide a speedy assessment and make sure that their unique needs are met in the shortest window of time possible.
How can Massachusetts Alternative Funding help businesses with a Merchant Cash Advance?
Alternative Funding’s flexible payment options and simple application process ensure that the companies that are approved for a merchant cash advance in Massachusetts will receive the advance inflow of funds within a day or two. We do our best to meet the unique needs of our clients so that keeping the business running smoothly or starting on new expansions is only one application process away.
Get answers to questions about merchant cash advance in Massachusetts
What is a Merchant Cash Advance in Massachusetts?
Merchant Cash Advances are a fast way to gain a boost in funding for your business which will be paid by a percentage of future credit card sales.
In Massachusetts, is Merchant Cash Advance a MA business loan?
It’s not a loan in the traditional sense. You can think of a Merchant Cash Advance as a cash advance on the sales that your company will gain in the future.
How fast can I be approved for an MCA loan in Massachusetts?
If you apply for an Massachusetts Merchant Cash Advance with Alternative Funding, you can get approved in as fast as one or two days.
How does a merchant cash advance work?
Once you have applied for an Massachusetts MCA, your cash advance will be paid back daily through percentages from your business’ credit card sales.
How long has a merchant cash advance been around?
The merchant cash advance started in the late 1990s by Barbara Johnson and her husband when they founded the Advance Me company and the technology to split credit card sales.
How do you qualify for a merchant cash advance?
Qualifying for a Merchant Cash Advance with Alternative Funding is as easy as filling out our online application and providing us with a couple bank and business related documents. We will then review your application and you can be approved in as fast as 24 to 48 hours.