You can reach us at: (907) 345-3000.
Our web address is: http://Anchoragesbest.com/Anchorage-business-loans/
Merchant Cash Advance for Houston Businesses
Our merchant cash advance is business financing based upon your companies future credit card sales. This method of financing for Houston businesses is paid on a daily basis as a small percentage of your daily credit card sales. Thus, when your sales are high, your cash advance will be paid off quicker and likewise, if sales reduce in volume, your payments will also reduce in size.
Our merchant cash advance offers Houston business owners these main advantages:
Straightforward Application Process
Applying for our Houston merchant cash advance is something business owners can do very quickly. You can complete our PDF application and email you’re supporting documentation that’s required, such as:
– Your business tax returns
– Bank account statements, and
– Credit card processing statements in a matter of minutes
Funding Is Quick
One of the main benefits of our merchant cash advance is the potential for fast approval and funding. Advance providers can render a decision within hours and deliver the funds to you within a matter of days. Which is certainly a plus if you need money right away to cover payroll or an unexpected business expense.
Perfect Credit Is Not a Requirement
A strong personal and business credit score is required for most business loans in Houston, but our merchant cash advance lenders are more lenient where credit rating is concerned. Your ability to get approved is determined more on how consistent your credit card sales are and how long you’ve been in business, versus how much other debt you may be carrying or your past payment history. Our merchant cash advance won’t report your funding to credit bureaus so your future ability to borrow additional funds is very little.
No Collateral Is Needed
When approaching a bank for an Houston business loan, it’s usual that you’ll have to provide some form of collateral to secure the loan. The collateral is the bank’s insurance policy in the event that you default on default on your secured loan. In contrast, our merchant cash advances are unsecured, so you don’t have to put any personal or business assets on the line to obtain one.
Houston business loans that have a fixed interest rate also have a fixed payment, meaning you owe the same amount every month. Which can be problematic if you have a slow month and aren’t able to make the regular payment.
Our merchant cash advance allows Houston businesses more flexibility since payments are based on a flat percentage of your credit card sales. If the advance terms require you to commit 15% of credit card receipts to repayment, for instance, the actual dollar amount will vary based on the total amount of sales for the month. Effectively, your payments are proportionate to what your business is bringing in.
High Borrowing Limits
Our Houston merchant cash advance grants some leeway in terms of how much you can borrow. It’s possible to get an advance of just a few thousand dollars but there are some companies that extend the borrowing limit up to ,000,000. You may also get up to 250% of your monthly credit card sales volume in one lump sum to take care of the things you need for your business.
Merchant Cash Advance Requirements
For most Houston businesses, you just need to have been in business for at least a year and make at least ,000 a month in credit card sales. But we do offer other options.
Starter Merchant Cash Advance
Houston businesses with as few as three months of credit card sales volume are able to apply. You may be qualified for up to 50% of your monthly average credit card sales volume in funding. And after you’ve paid your first Merchant Cash Advance, you may qualify for a larger amount of capital, and on better terms.
Premium Merchant Cash Advance
If you’re business has been in Houston longer. If you’ve been in business for longer than three years, we’ll offer you lower cost options.
Ready to Apply?
You only need four things to get started:
– Government-issued photo ID
– Voided check from your business checking account
– Last three statements from your business bank account
– Last three credit card processing statements
It’s really that simple. Get started by calling us at (907) 345-3000. After that, you’re just around a day away from approval. And upon approval, you’ll be able to access the funds in as little as one day.
Looking for other types of loans?
We have helped hundreds of Houston businesses across Alaska with finance solutions to support company growth, and to improve their lifestyles. We provide business financing to all major industries including retail, wholesale, importers, exporters, manufacturing, professional services, food and beverage, technology, automotive and many more. Your can use our trade dollar
More info on business loan merchant cash advance Houston AK
business loan merchant cash advance Houston AK - BingNews Search results
Around the Wiregrass
The event is a collaboration between the museum and the Friends of the Dothan Houston County Library System ... All tickets must be purchased in advance and are available at ...
Answers to Your Current Coronavirus Questions
In Miami-Dade County and Houston ... get loans from your 401(k) plan, although most employers won’t loan you the money if you aren't still working for them anyway.) If you need some cash quickly ...
Here's what small businesses need to do to get access to popular Targeted EIDL Advance grants now that the SBA has significantly expanded eligibility.… ...
10 fintechs with banking, investing, and borrowing that caters to Black, Latinx, immigrant, and LGBT+ communities
Launched in 2021, Cheese offers up to 10% cash back at about 10,000 stores, no-fee checking, and an up-to-two-day advance on paycheck ... Lian's — has been one such business.
Best Places to Exchange Currency and Save on Fees
It helps if you have an idea of what a fair exchange rate is, so check key business ... but lost cash can never be replaced. However, don’t use your credit card for a cash advance to receive ...
Why You Should Consider a ‘Second City’ Trip in 2021
If you live in Los Angeles, you might go glamping in Santa Barbara. If you live near Houston or in most Louisiana cities, it’s likely not much more than a three to four hour drive to the ...
Mene Inc. Reports Financial Results for First Quarter 2021
At March 31, 2021, the Company had Tangible Common Equity 4 of $16.5 million, including $3 million in cash and cash equivalents, $5.2 million in short-term investments, with a net working capital of ...
Set Your Strategy for Memorial Day Sales
Gitlow professor of business at New York University Stern School of Business. “What really gets people over that last threshold from interest in a category to, ‘Here’s my credit card.
The move comes after a federal judge ruled in November that the agency must hand over loan-specific data to news organizations.… A fix could be on the way, but one owner's experience offers a ...
Tips on Merchant Account Business Advances
Many small businesses use merchant account cash advances as an alternative business financing option when they need money but are turned down for a loan by banks or other traditional lenders.
What Are the Different Types of Small Business Loans I Could Get?
If you are a retail business and take credit cards at your store, you may qualify for a retail merchant cash advance. This comes from a private company who loans you the money. You pay it back ...