Business Cash Advance Requirements

Business Cash Advance

A business cash advance can be quite useful – especially if you have an emergency business expense to pay for. Business cash advances differ from traditional loans, in that they are much easier to come by than normal bank loans and require a less stringent application process. If you are considering getting a business cash advance for your small business, you will find that there is very little that you will be required to do in order to apply for and qualify for your funding.

When you apply for a business cash advance, be prepared to provide your name and business name, as well as a phone number where you can easily be contacted. Lenders will also ask you how long you have been in business, as you are typically required to have been an established business for at least two years before qualifying for a cash advance loan. If you have been in business long enough, you cash advance lender will ask you whether your business accepts credit card transactions. If so, you must provide information about your gross credit card receipts each month to ensure you are capable of repaying the loan.

What you will not need to apply for a business cash advance is information about your credit history or a formal business plan for how you intend to spend the money. Furthermore, there is no collateral required to qualify or apply for a loan, as business cash advances are unsecured loans.

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

Business Cash Advance Requirements was last modified: March 14th, 2012 by Amit Kraidman
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