In recent years, lending restrictions have tightened at local banks and national lenders, leaving many business owners with sub-par credit histories unable to access the cash they need to keep their businesses running. Unfortunately, those circumstances leave many businesses unable to pay for repairs to broken equipment or other unexpected expenses. If you’ve been denied a line of credit or a business loan because of a poor credit history or a low credit score, it doesn’t mean you don’t have other options. You may be able to qualify for a business cash advance.
Business Cash Advance Credit Requirements
A lender does not consider your business credit history when deciding whether to approve you for a business cash advance. You can have a very low credit score and still qualify for a business cash advance. Instead, business cash advance lenders simply want to know that your business is established and has a positive cash flow. There are no lengthy application forms to submit and no long waiting period to find out whether you are approved. Additionally, you do not have to provide any collateral to secure the money.
Although a business cash advance is not intended to fund a business long term or help you start a new business, it is ideal for funding unexpected cash flow problems – especially if you know the problems are not long term. Whether you need to pay to repair a business vehicle or you need to cover the costs of losses until an insurer provides you with compensation, a business cash advance is a hassle-free way to get instant cash – even with a low credit score.
For more information, go to Business Cash Advance at http://www.unsecuredbizloan.com/business-cash-advance