Sometimes life throws unexpected events your way and you aren’t sure what you’ll do to get through the financial aspect of the situation. For these times, business cash advances are just the product that you need to help you out. You can easily apply for them online and get needed funds quickly.
Some of the things that you may be required to furnish for the lender, before obtaining your business cash advance, include:
• Your Personal Information: This includes your name and address as well as that of your business. You’ll likely be asked for your zip code first so that potential lenders can be located based on your location. Be sure to furnish at least one working phone number and an email address so that you can be contacted easily. While the process mainly takes place online, occasionally emails get filtered to spam folders or additional questions need to be clarified over the phone. This information is kept confidential and you’ll only be contacted if you decide to continue the application process.
• Your Businesses Accounting Documents: While you may not be required to put down collateral in order to obtain the cash, lenders will want to see proof of income, usually from the previous six months, so that they know you’ll be able to repay the money.
• Your Businesses Bank Account Information: Once you’ve decided to accept the cash advance, you’ll need to let the lender know where to send the money. Make sure all information including the bank’s routing number and your account number are correct. This is also the account from which you’ll repay the cash advance.
Remember that cash advances are unlike loans in that they carry higher interest rates due to their convenience and are expected to be paid back quickly, rather than over a longer period of time. Before taking out a business cash advance, make certain that you really do need it for an emergency and then only spend the amount that you absolutely need to.
If you’re in a pinch and need a business cash advance, we can help you at UnsecuredBizLoan. Our work focuses on helping business owners find the right financial services for their situation, including cash advances. Our online application is simple and takes just minutes to fill out for a free, no-obligation quote on advances up to $750,000.
To apply for funding for your small business, use the form on the right to begin the application process.
For more information, go to Business Cash Advance at http://www.unsecuredbizloan.com/business-cash-advance