Unique Business Factoring Program Allows All American Small Businesses Merchant Working Capital
Unique Business Factoring Program Allows All American Small Businesses Merchant Working Capital
Dallas, TX (PRWEB) August 14, 2011
A small business assistance Business Factoring Loan option has become available for American small business owners this week, guaranteeing the approval of any US-Based small business in business for 6 months or more without a credit check, announces Merchant Cash in Advance.
This business factoring program is said to be an innovative form of new financing, that is essentially not secured by any collateral or even a credit requirement. It’s only requirement is the life of the business applying, which is a minimum of 6 months or more.
Although this business factoring loan option was launched only August 1st, it has already serviced over 18,000 businesses, funding close to 8 Million USD in loans- reports Merchant Cash in Advance.
The program is not only unique in its leniency in approvals, but the amount given to each applicant to pay it back. Unsecured Business Loan programs previous to the release of this new Business Factoring Loan option were quick to approve small businesses, however the pay back periods seemed to set businesses up for failure rather than growth.
The Business Factoring Loan option uniquely allows the small business to choose the payback length period- 4 months, 6 months, 8 months, 12 months, or 18 months.
“Our Business Factoring Loan option is designed to keep these small businesses alive and expanding. US banks have denied over 90% of all applicants for traditional business loans, and this is unacceptable. Our flexible business factoring option was a must in this economy.” – stated Ryan Michaelson, VP of Client Relations, MerchantCashinAdvance.
Business Factoring Loan Consulting: 877-875-0231
Rebecca Randells
Editorial Columnist
USATalkToday
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