Business Cash Advance Can Help Small Businesses When Cashflow is Tight; New Service Added to www.UnsecuredBizLoan.com
UnsecuredBizLoan.com is helping small businesses who need cash and who may not qualify for traditional financing by offering a business cash advance. The new service has been added to their web site where small businesses may fill out an instant application and hear back within 24 hours. The advance is based on credit card sales and the pay back schedule is flexible.
(PRWEB) October 6, 2009 -- Even small businesses who've been turned down for conventional small business loans can get approved for a business cash advance. The cash advance is a new service that www.UnsecuredBizLoan.com has added to their small business loan services.
Cash advances can be approved in as little as 24 hours. "Unlike conventional business loans, our small business cash advance offers your business a fast working capital which is based on your future credit card sales. Based on your recent business history, you may qualify for a business cash advance up to $600,000," said Daniel Drew, owner of UnsecuredBizLoan.com.
It comes at a time when many small businesses are struggling with slower sales. Business Cash Advances are not traditional loan options. One of the reasons it isn't "traditional" is because of the repayment schedule. UnsecuredBizLoan helps schedule payments around the cashflow of a business. During slow periods they take a smaller payment.
"Unlike small business loans, our small business cash advance does not require collateral or a personal guarantee. Our quick online application is simple and takes just a minute," said Daniel Drew
UnsecuredBizLoan.com makes cash advances very simple and does not require a lot of paperwork.
Even high risk businesses and businesses with bad credit can apply for the advance. These type of unsecured business loans can be obtained quickly without guarantees, liens, or the collateral normally required for traditional business loans.
How does this work? Small business advances are based on future credit card sales and are paid back when customers pay.
Here are the requirements to get pre-qualified:
1. The business must be in business around 1+ year
2. The business must accept credit cards
3. The business processes $2,500+ in credit card sales monthly
UnsecuredBizLoan hopes this option will help small business owners weather the economy during a time when credit is tightening.
About UnsecuredBizLoan.com
UnsecuredBizLoan.com offers Business Lines of Credit Online, Small Business Loans,Unsecured Small Business Loans, Unsecured Business Lines of Credit, and SBA Loans. Soon the company will offer Business Cash Advance Loans.
Businesses can apply for an unsecured cash advance by going to www.unsecuredbizloan.com and filling out the online application.
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