Home » Banking and Financial Articles » BCA Continues to Provide Working Capital to Businesses with Bad Credit
BCA Continues to Provide Working Capital to Businesses with Bad Credit
BusinessCashAdvance.com (BCA) continues to be a leader in extending working capital cash advances to businesses saddled with bad credit or no credit- an effort welcomed by numerous businesses that have been denied financing from traditional lenders.
August 17, 2011 /Banking and Financial PR News/ -- BusinessCashAdvance.com (BCA) continues to be a leader in extending working capital cash advances to businesses saddled with bad credit or no credit- an effort welcomed by numerous businesses that have been denied financing from traditional lenders.
Even as more companies struggle to maintain their cash flow in the midst of sluggish sales, higher commodity prices, and economic uncertainty, banks and commercial lenders are still refusing to approve unsecured business loans and lines of credit. BCA has been working hard to fill in this financing gap so that businesses can get the working capital they need to smoothly and successfully operate.
Unlike traditional business loans or a business line of credit, BCA provides financing based on future credit card sales. Instead of making fixed monthly payments, repayment of a cash advance is flexible, following the ebb and flow of a business' sales activity. With a working capital cash advance, businesses can repay the amount funded by offering a small, fixed percentage of their credit card transactions.
Since business cash advances are based on future revenues, there is no need to neither prepare business plans nor provide financial records, and a business' credit profile is not a factor for approval. There are other benefits as well, such as no need for collateral, no required, fixed monthly payments, and a quick and easy application process that can take as little as 24 hours.
American based businesses that accept credit cards and process at least $5,000/month in credit card sales can be approved for a merchant cash advance up to $500,000 from BCA.
About BusinessCashAdvance.com:
Founded by financial professionals, BusinessCashAdvance.com provides unsecured cash advances for small business. Financing companies in a broad spectrum of industries, it has helped retail stores, automotive shops, beauty salons, medical practices, florists, pet stores, restaurants, and others. A free application is available online at http://www.businesscashadvance.com or by calling 866-411-0606.
Media Contact:
Kayla Kuruc
BusinessCashAdvance.com
866-411-0606
http://www.businesscashadvance.com
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