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7 Reasons to Get a Online cash advance I'll answer that question very simply; if your business processes at least $2,500 a month in credit card sales, then it is a good chance that you will be qualified for a merchant online cash advance. Even if you've recently been turned down by the bank, you can still get funded. online cash advance I don't think I can make it any plainer than that. Of course they go on a case to case basis. To see if you actually qualify, you will need to contact a merchant loan provider. There are a few things that could damage your chances of getting funded, such as recent bankruptcies, tax liens or foreclosures. Even then, there is still a possibility you may still get funded. I have personally witnessed business owners whose credit score was in the 400's get funded. online cash advance How can you fund so many businesses? Most banks rely on certain criteria to fund your loans. Things such as credit history and the amount of personal assets you can put down as collateral. But if your credit history is poor or nonexistent, or you don't have collateral; it becomes increasing hard to get a loan from the bank. online cash advance Banks rely on these criteria to minimize risk. Merchant online cash advance providers have created a method of minimizing risk while still making money available to more businesses. How this works is they offer your business cash based upon your proven track record of Visa/MasterCard sales. To pay it back, they set up your processor to automatically deduct a percentage of your credit card sales each day. online cash advance Many business owners have benefited tremendously from this type of funding. It has opened the doors to many opportunities that simply did not exist before. online cash advance If you would like to learn more about this type if funding, you can learn about it here. I invite you to visit my site and if you have further questions; you will find our contact information. online cash advance Get your online cash advance now
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