Find a Great Loan for a Small Business

If you are a small business owner, you may wonder whether there are any types of financing available to you besides a standard small business loan. At Rustwood Capital, we know it can be difficult to get a loan from a standard credit union or local bank. That’s why we offer a merchant cash advance.

What Are Some of the Benefits of an Advance?

If you’ve never used this type of loan before, you may wonder what it entails. Here are some of the main points:

• Having a top-notch credit profile is not a requirement.
• You will usually receive funding within seven days of getting your application approved.
• Advances are given to you based on your future credit card sales, and many different credit card accounts can be approved.
• If you qualify, you can receive up to $200,000 for each individual business site.

How Does a Merchant Cash Advance Work?

With a cash advance on your future merchant payments, you don’t have to earmark the money for something in advance of receiving the funds. The application paperwork is simple and there is no fee. You don’t have to have collateral because your advance is based on what your customers are expected to pay you. This type of loan is also easy to repay.

Contact us at Rustwood Capital today to learn more about whether this is a good option for your business.