Business loans come in a variety of options, they include MCA (merchant cash advance loans) to an ACH loan based on the business's monthly revenues, accounts receivable lines of credit to equipment financing, inventory loans, factoring, and purchase order financing.
Let's break down the options:
MERCHANT CASH ADVANCE (MCA LOAN) / ACH LOANS
Both, MCA business loans and an ACH loan are great and quick funding options for a business, both require at least six months of bank statement, and credit may not be much of a factor.
The loan can be secured in a matter of days providing the needed capital quickly.
For more information about an ACH or MCA business loan, please contact us here.
OTHER BUSINESS LOANS AND FUNDING OPTIONS
- Accounts Receivable Lines of Credit
- Equipment Finance
- inventory Financing
- Purchase Order Funding
These financing solutions offer essential credit facilities to a business that is seeking to expand. For more information, please contact us here.
INVOICE FACTORING
For a company, invoice factoring can be like gasoline for an automobile. It keeps the company running by turning negative cash flow into positive, solving cash flow problems quickly.
Companies that offer credit terms to their customers often struggle with cash flow. Invoice factoring turns that around and maintains positive cash flow moving forward. It can also help companies grow by taking in new and larger customers who are demanding credit and by extending credit to their existing customers, who may increase their business as a result.
For more information about invoice factoring, please click here.
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