1st Merchant Funding is one of the most trusted names in business cash advance. If you are having temporary cash crunches, 1st merchant funding provides small business cash loans for those difficult times that you might have. Not only that, but it can benefit you in so many different aspects. One of the many examples would be if you are planning an expansion.

With the goal to become the finest provider of business cash advances for small businesses, 1st Merchant Funding works continuously to support the growth of businesses and helps to take it to the next level. We work towards making the business cash advance process as simple and risk free as possible.

Small businesses can easily acquire a cash advance against their credit card sales receipt. It is also relatively easy to qualify for a business cash advance than to get a small business loan. At 1st Merchant Funding, any small business can acquire a business cash advance if they fulfill the following conditions:

• Visa or Master Cards must be accepted as a form of payment.
• Payments of $1500 or more must be processed in the business.
• The business should have been running more than 2 years.
• Credit card statements and bank statements for 3 month for seasonal business and 6 months statement for non-seasonal business should be available.

Business Cash Advance vs. Small Business Loans
It is apparent that all merchants know how trying it is to get a business loan from a bank or financial institution. On the other hand, these same people don’t need to be swayed into a personal loan even if you are going to squander all that money for vacations or buying a new car. But if you are looking for a business loan that is likely to give you a good ROI, you need to fulfill a bunch of criterions to qualify. One of the main conditions for getting a small business loan is to have a good credit score and unfortunately over 92% of the American population does not qualify for a business loan, including the Small Business Administration (SBA) Guarantee Loan Program.

Credit Scores are just the start, even if you have a good credit score, financial statements will need to be provided, audited tax returns, business plan, a personal guarantee or collateral, other rigid requirements set forward by the financial institutions.

Most banks would not even consider offering a business loan if you are; new in business, have a low credit score, no credit, credit problem, not enough collateral, and/ need under $100,000. To add to that, normally when you have a business loan, regular fixed monthly repayments of fixed amounts are involved.

While it is so difficult to obtain a business loan, it becomes pretty easy to get some funding if you opt for a business cash advance. People even with low credit scores can be offered a business cash advance. Most business’s that accepts credit cards and are in business for more than 2 years qualify for a business cash advance.

A business cash advance does not require a personal guarantee or collateral. And we do not require fixed monthly repayments. Business cash advances are repaid automatically through Visa or Master card sales. It is a much easier option compared to business loans. A business cash advance provider would not take equity ownership of your business and you are free to use the money for any purpose you see fit.

When business cash advance providers get paid when you sell and get paid, it is more of an investment to them. The repayment of your business cash advance follows the revenue trend of your business and your cash sales are never used for repayment. This ensures that it is never a burden for you to repay the cash advance.

If your business needs an injection of cash flow it is time you apply for a business cash advance and start enjoying the financial happiness you deserve.