How to Get a Small Business Loan Without Collateral

10/11/2021 06:10

Are you having difficulty getting a small business loan with no collateral?

In the event that you are a small business owner that needs financing, but you don’t have any collateral or assets to secure a loan against, then you might be wondering how you can get the capital that your business needs.

For businesses with a high card transaction monthly turnover, a merchant cash advance loan might just be the solution your business needs.

What is a merchant cash advance loan? A merchant cash advance is an advance on future credit card sales. Rather than waiting 30, 60 or 90 days for your business's credit card sales to pay off your invoices, a merchant cash advance gives you the capital upfront. Getting a merchant cash advance is the most efficient way for business owners to get cash from credit card sales.
Types of suitable business:
  • Any business with an average monthly card transaction volume of 20,000 or more
  • For example
    •  Restaurants
    •  Retail businesses 
    •  etc

Wondering how you can get a small business loan? Call 02032909019 for a free consultation. Our experts can help you even if you have a bad credit history. Call today before it's too late.

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