For all financial
problems there is a solution, if you haven’t found it yet, come to
Have you checked out
all the loan options and returned disappointed? If you are a used car
dealer and want to expand your business you must have realized that
getting a bank loan is not easy. The traditional business funding
machinery believes the used car dealership to be a high-risk
business. According to them, this business involves high chargebacks,
bad credit histories, and chances of scams.
So, if you have tried
your luck and have returned empty handed, do not despair, there are
alternative funding solutions to your financial woes.
One of the very
popular bank loan alternatives is the merchant cash advance or MCA.
When you need that shot in the arm to prevent your business from
getting obliterated approach us and we will assist you.
How does Merchant
cash advance work
Merchant cash advance
is not a loan per se but an advance on your future sales. As a
result, you will receive a lump sum amount at one go. The repayment
schedule is very flexible too. Unlike the traditional bank loans
wherein you have to pay a large sum of money every month, in BCA’s
your repayment is dependent on your sales.
Some days when sales
are high you pay more and days when they are low, you pay less. The
repayment is calculated as a percentage of sales.
Thus, the loan terms
of these MCAs are simple and hassle free. Many small businesses look
to MCAs for all their working capital solutions.
Merchant cash advance
Any excess cash
outflow is a burden on a new business. With the MCA, you are not
burdened with large repayment amount each month. You pay only a
percentage of your debit or credit card sales on daily basis.
You get your cash
quick and fast. Once your application is processed, the amount is
credit within 24 to 48 hours, unlike the conventional loan which
takes months to get approved and even after approval it undergoes a
laborious verification process.
You won’t be buried
under mounds of documents. The whole procedure is fairly simple and
the BCA providers do not require excessive documentation to prove
your credit worth. You don’t need to produce tax invoices and
You needn’t be
worried about your credit scores when you apply for a MCA. Merchants
with bad credit and high NSF’s also qualify for loans. Thus, even
bad credit is okay with us.
There is no
collateral involved. You are granted a loan based on your future
business and not your present assets.
Can these funds be
used for everything?
The funds thus obtained can be used for
any kind of replacement, renovation, repair and purchase of equipment
or goods that will help in the progress of your business. You can use
the funds to:
buy inventory in bulk at discounted
prices for future profit on sales
acquiring spare parts and painting of
renovate your storefront and expand it
with customer friendly amenities
employ more staff and train them in a
proper sales format
meet all payroll demands
purchase cars in demand to earn more
maintain the building and the all the
instruments and tools used for the upkeep of the store
spread the word through advertisement
How can we help
You know your financial state and are the
best judge to make an informed choice. We are here to assist you when
you need fast cash with hassle-free documentation and unnecessary
Our underwriters will take care of all
documents while you can focus on expanding your business. Your
application will be processed fast and you can receive the funds
directly into your bank account.
Our application is quick and easy. Just
fill the form online and our managers will get in touch with you.
There is no obligation on your part to heed our advice. We are glad
to be of any sort of assistance.
We have a very lenient loan qualifying
We offer flexible repayment solutions to
ensure you don’t miss payments and are not burdened with
We offer 2nd
position and even 5th
position funding solutions despite a poor credit history.
We look not at your poor credit history
but at a good business plan with a promise of profit and growth. We
are your fallback for all your financial needs to pursue your dreams
and reach for the stars.
For any additional queries please feel
free to talk to our friendly managers who will be happy to be of