Running a business requires regular cash flow and working capital. When sales are low, you can look for merchant cash advance loans to meet your demands. At Texas Funding Solutions, we offer cash advances against future sales of your business. Here are the four benefits of our merchant cash advance:
1. Quick Turnaround
Our cash advance loans have a quick turnaround of about 24 hours or less. If you need funds urgently, you can count on us to get the money within a day. For fast approval, you can present your identification, bank statements, and credit card processing statements.
A business bank account number and routing number are helpful for depositing funds. We can check your annual gross sales before approval. If you have a steady volume of credit card sales, we can approve your loan within a reasonable period.
2. Flexible Repayment Terms
We offer flexible repayment terms that are less likely to strain your business financially. We calculate payments based on the percentage of credit card sales. This payment method can be ideal if you operate a seasonal business. You can clear the advance quickly when the sales are significant.
