San Jose, CA (PRWEB) February 24, 2012
Starting March 1st MerchaCashInAdvance.com will offer cash advances based on invoices. It's no secret that merchant cash advance companies provide credit card advances - funds borrowed against projected credit card sales - is becoming more and more popular as an alternative to regular small business loans says Rebecca Randells spokesperson for MerchantCashInAdvance.However, what if your business doesn't do enough credit card transactions to qualify for such an advance? Now, there's another option from MerchantCashinAdvance, LLC: Merchant Invoice Advances.
Similar to the advances against credit sales, a merchant invoice advance allows a small business to receive an advance on a payable invoice. You, the business owner, apply for funds and demonstrate a track record of received payments, and the cash advance provider lends you the money based on your typical invoiced fees.
Like other merchant cash advance programs, the application process is streamlined, and documentation is minimal. Also, like a cash advance, merchant invoice advances come with flexible repayment plans featuring low interest rates and payments based on actual transactions, rather than a fixed amortization schedule.
Interested small business owners can visit the MerchantCashinAdvance.com website for more information, or to complete and application. Also available on the site is a cash advance calculator, which allows business owners and managers to estimate the funds they may be able to receive.
MerchantCashinAdvance.com is a leading provider of cash advances for merchants (both credit card and invoice-based), as well as offering an extensive database of information about both types of capital acquisition. Free quotes are available by calling 1-877-871-6097.