Equipment Finance Alternatives Explained by RetailCapital

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Equipment finance alternatives information is now available for those who don't want to rely on a small business loan from the bank or a store credit plan in order to purchase equipment.

Equipment finance alternatives such as merchant cash advances make it possible for small business owners to purchase new equipment without having to wait for a small business loan or having to rely on the high interest rates that most stores offer.

Equipment finance alternatives information is now available at RetailCapital, the business capital provider recently announced. The company recently published helpful information about alternatives to equipment financing for those who are looking for options outside of traditional bank loans or store credit plans. Erik Stamell, RetailCapital spokesman said, “Equipment finance alternatives such as merchant cash advances make it possible for small business owners to purchase new equipment without having to wait for a small business loan or having to rely on the high interest rates that most stores offer. Broken down or outdated equipment can easily be replaced, and businesses never have to close their doors due to not having enough money in the bank to buy new equipment.”

RetailCapital provides equipment finance alternatives to small to mid-size business owners who have been in business for at least six months. The fast cash advance services are a less complicated alternative to small business loans which can be difficult to come by in today’s economy. Stamell said, “Small business loans are great for some business owners, but those who may have a poor credit history or who don’t have the collateral to put up for a bank loan need equipment finance alternatives that will work with their business. Merchant cash advances provide cash fast when you need it most, without having to fill out complicated loan applications and waiting for a decision from the bank.”

The merchant cash advance services provided by RetailCapital typically take around 72 hours to be processed, and the majority of applications are approved with no problem. Business owners can get the cash they need to replace equipment fast, with minimal disruption to their customers. This type of financing is ideal for restaurants, beauty schools and salons, health clubs, party stores and retail establishments.

RetailCapital provides merchant cash advances that are a simple and convenient alternative to traditional business loans. They serve small to mid-size businesses by providing an alternative to traditional sources for capital, like bank loans. RetailCapital provides a flexible, hassle-free solution for business owners who need immediate access to working capital. For more information, please visit RetailCapital.com.

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Meredith Block