Is a Merchant Cash Advance Right for Your Business

Small and medium-sized businesses (SMBs) often face financial challenges that can hinder their growth and success. Traditional financing options may not be available to all business owners, leaving them to explore alternative funding sources. One such option that has gained popularity in recent years is a Merchant Cash Advance (MCA). In this blog, we’ll explore why Merchant Cash Advances can be a valuable financing solution for SMBs.

At REIL Capital, to Qualify for a Merchant Cash Advance Your Business Needs:

At REIL Capital, we provide Merchant Cash Advances to businesses seeking quick and easy financing options. To qualify for a Merchant Cash Advance with us, your business needs to fulfill the following criteria:

1. A valid form of identification: You must provide a valid form of identification to verify your identity and ensure that you are authorized to apply for business financing.
2. Business bank account number and routing: We require your business bank account number and routing information to transfer funds to your account once your application is approved.
3. Last three months of business bank statements: We require your last three months of business bank statements to verify your business revenue and assess your eligibility for a Merchant Cash Advance.
4. Last three months of credit card processing statements: We require your last three months of credit card processing statements to evaluate your credit card sales volume and determine the amount of funding you are eligible for.

At REIL Capital, we aim to provide a transparent and streamlined process for businesses seeking funding. Our application process is simple and straightforward, and we strive to provide quick approvals and funding to help businesses meet their financing needs. If you meet the above criteria and need funding for your business, consider applying for a Merchant Cash Advance with us.

How do Merchant Cash Advances Work?

Merchant Cash Advances work differently than traditional business loans. Once you receive your Merchant Cash Advance, the provider will automatically deduct a percentage of your daily credit card sales. The percentage deducted is known as the holdback rate and is typically around 10-20% of your daily credit card sales. This structure provides flexibility for businesses.

It’s important to note that the total cost of your Merchant Cash Advance can be more than just the factor rate. Some providers may charge additional fees, such as origination fees and administrative costs, which can increase your total balance. It’s important to read the fine print and understand all the fees and costs associated with your Merchant Cash Advance before accepting it.

Compared to traditional financing options, Merchant Cash Advances can be a quicker and easier option for businesses in need of quick funding.

Why Choose REIL Capital for Merchant Cash Advances?

At REIL Capital, we are committed to helping small businesses achieve their full potential. We are one of the leading Merchant Cash Advance companies in the USA, with over 500 businesses funded per year. Here are some reasons why you should choose us for your Merchant Cash Advance needs:

1. Flexible Financing Options: We understand that every business has unique financing needs. That’s why we offer flexible financing options that are tailored to fit your business needs. Our funding solutions are designed to provide quick and easy access to capital without the hassle of traditional loan applications.
2. Innovative Technology: Our innovative funding technology allows you to apply for funding on any mobile, tablet, or computer device. This ensures a seamless and efficient application process for our clients.
3. Experienced Consultants: Our team of actual business consultants delivers straightforward and reliable financial information quickly. We work closely with our clients to understand their business needs and provide personalized funding solutions that fit their requirements.
4. Streamlined Process: We have a streamlined process for supplementary funding requirements, which means that we can provide quick approvals and funding to help businesses meet their financing needs.
5. Transparent and Reliable: We believe in transparency and honesty when it comes to our products and services. 

At REIL Capital, we are committed to helping businesses succeed by providing flexible and reliable financing solutions. Whether you need funding for inventory, expansion, or any other business expense, we can help you achieve your goals. Choose REIL Capital for your Merchant Cash Advance needs, and experience the benefits of working with a trusted and reliable funding partner.

Conclusion:   

Merchant Cash Advances are a viable financing solution for SMBs that may not qualify for traditional financing options. Contact REIL Capital today to see how we can help you with your financing needs.