Unsecured Small Business Loans
Small business owners know
small business loans are hard to find
these days. Banks decline up to 98%
of
Unsecured Small Business Loan applications.
Most banks also require
you to be in business for an extended
period, and will require you to have great
credit.
Did you know there is a new alternative to
acquire working capital for your business?
Most business owners are not aware they have
a hidden asset. The future Visa and
MasterCard sales from your customers can be
purchased in advance. Unlike the Unsecured Small Business Loans request,
the small business
cash advance program has a
100% approval rate
for qualified applicants. With a
small business cash advance your credit
is not as much of an obstacle
to qualify. (The #2 reason Unsecured Small Business Loans are rejected
- poor credit) Ask us for more information on
how you can receive up to $1,000,000
in working capital against your businesses future
Visa/MasterCard sales in
as little as 7 business days.
A
small business cash advance is
one of the easiest and quickest methods
for small businesses with no security to obtain financing. The merchant
cash advance
programs have been around for a while, but
gained popularity and exposure in the
last few years. Our merchant bank
purchases a predetermined number of VISA or
MasterCard sales receipts, and provides a
business cash advance to the sellers in lieu
of those receipts. So you see... It doesn't
matter whether you have collateral or not.
Funds received through
a
business cash advance is
not an Unsecured Small Business Loan. It is a cash advance paid
against Visa or MasterCard merchant account
receipts. These amounts are paid back
through the merchant account itself.
Below is a comparison
chart that will highlight the differences:
|
Small Business Cash
Advance
|
Unsecured Small Business Loans |
|
A 90% rate of
approval on working capital Cash
Advance requests for qualified
merchants
|
Banks Reject most
small business loan or
restaurant loan credit requests
because of bad credit or lack of
collateral. |
|
Approval of your
Business Cash Advance in an
average of 24-72 hours (once all
paperwork is submitted)
|
Approval of a
small business loan on
average is 1-4 weeks once all
paperwork is submitted (assuming your credit is good enough)
|
|
It typically
takes about one week or less
to get the money in your hands |
IF your
credit isn't bad and your
approved for a small business
bank loan it could typically
take 4-8 weeks
to get your money |
|
No fixed monthly
payments to worry about.
Repayment is made by a % of your future credit card
sales (Visa and MasterCard only)
until paid in full. You advance gets paid
back when you get paid by
your customers. Therefore, if
you have a slow month, your
payback to us slows down.
|
Unsecured Small Business Loans typically have a fixed
monthly payment with extremely high interest rates. Failure to make
this payment can result in a
default of a bank loan. Payments
DO NOT slow down if you have a
slow month.
|
Obviously Unsecured Small Business Loans are not the answer. To learn how
your business can get from $2,500 to $1,000,000 in
working capital against its future
Visa/MasterCard sales from your customers,
fill out the form below for more information.
Optigroove LLC (Dallas, TX) can provide your business up
to $1,000,000 in working capital against its
future Visa/MasterCard sales from your
customers. We have a 100% approval rate, and
cash is typically available in 7 days or
less.
* Note: This is a business cash advance;
and not as Unsecured Small Business Loan.
|
How can you qualify for an unsecured
small business cash advance?
* Your business accepts VISA and MasterCard as
a form of payment.
* You process a minimum of
$5,000 dollars a month.
* You provide 4 months of
past credit card statements and
bank statements (12 months if
business is seasonal).
* You have been in business
at least 18 months.
|
Complete the form below for a Small Business
Cash Advance Professional to contact you.
|
