We’re taking your future cash flow and turning it into cash that can be put to work immediately. Our merchant advances are repaid through a percentage of the debit and credit card sales you make.
Vancouver, BC (PRWEB) April 10, 2013
Most Canadian small businesses are confident about business prospects for 2013 according to the CFIB Business Barometer Index that shows most—63 percent of businesses surveyed—expect sales to be stronger this year than last.
To help small business in Canada make the most of this year, Vancouver-based Merchant Advance Capital is offering Canadian businesses up to $250,000 in working capital for spring improvements.
Whether a business seeks to increase sales this year with the purchase of new inventory, advertising and marketing, expansion, renovations or is simply in need of emergency cash, Merchant Advance Capital offers merchant advances and business loans with no collateral required. Merchant advances, as well as the company’s business loans, are a smart alternative for restaurants, pubs, clothing stores, retail stores, convenience stores, coffee shops, auto repair shops, clinics, franchise operations, hotels and other retailers across Canada.
David Gens, founder and president of Merchant Advance Capital knows how difficult it can be for businesses to acquire Canadian business loans from banks. Similar to startups, restaurants or retail stores with plans to expand will often find it difficult to secure a bank loan if they lack assets to put up as collateral.
“Small businesses are generally underserved by the major banks in Canada. It’s difficult for entrepreneurs to get loans for growth,” Gens said. “It takes money to make money and the banks simply are not there for many. We’re taking your future cash flow and turning it into cash that can be put to work immediately. Our merchant advances are repaid through a percentage of the debit and credit card sales you make. The process is automatic, so business owners aren’t required to write cheques. We only get paid when you make sales. We also have a business loan solution for businesses that are primarily cheque based or otherwise do not regularly accept debit or credit cards.”
To learn more about smart merchant cash advances and business loans from Merchant Advance Capital, or to get started in applying for a loan, go to http://www.merchantadvancecap.com and keep up with the latest Canadian business news and happenings with our blog and by joining our Facebook community.
About Merchant Advance Capital:
Merchant Advance Capital (MAC) is a Canadian owned and operated company headquartered in Vancouver, British Columbia that provides flexible financing solutions for Canadian small businesses.
Our processes are fully automated and business owners have the option to tie their payments directly to sales volumes, giving small businesses exceptional cash flow flexibility. Founder and CEO David Gens comes from a family of entrepreneurs and his previous experience was in the private equity investment business with CAI Capital Management Co. He launched Merchant Advance Capital to provide alternative financing to a wide range of businesses including: restaurants, pubs, clothing stores, retail stores, convenience stores, coffee shops, auto repair shops, clinics, franchise operations, hotels, and many others across Canada.