Merchant Cash Advance

Do You Need a Merchant Cash Advance?

Small businesses are prone to the ebbs and flows of the economy and may at times have trouble getting a loan from a traditional source, such as a bank or credit union. In these cases, a merchant cash advance can be a good option, and the professionals at Array Financial are happy to give qualified businesses a merchant cash advance to meet their needs. These finance sources are backed by your future credit card sales, whether you take American Express, MasterCard, Discover, Visa, or another credit card type.

If you have been previously turned down by a small-business loan or other type of loan, you may still qualify for a merchant cash advance. You do not need to have perfect credit to qualify, and once you are approved, you can expect to receive your merchant cash advance in around one week.

Advantages of These Loans

Some of the benefits of a merchant cash advance include:

  • Up to $200,000 per business location
  • No fixed payments
  • Cash that you can spend on whatever your company needs, whether that is expanding, advertising, supplies, or equipment
  • Funds that arrive quickly, with minimal hassle or paperwork
  • Zero application fees, closing costs, or collateral required
  • Simple payback terms

Get in Touch

Contact Array Financial today to speak to one of our professionals and discuss your options regarding a merchant cash advance.