A Merchant Cash Advance can be a great way to
expand your franchise empire.
As we all have noticed lately there
are strip malls in most towns with very similar sounding business names. There
are coffee shops, juice shops, burger and pizza joints and when you are done
with all of that there are the workout shops . Seems like every town you pull
into it's pretty much the same.
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Franchise
equipment and expansion financing
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This may be unfortunate for those
that are missing the small hometown feel, but it is also a gold rush for franchise owners. One thing for sure we all have
to eat, and some of us like to eat more than once per day, and if we feel
guilty enough we will become members at a 24 hr fitness place and do our best
to wear off those calories.
We are often approached by the
owners of these franchises when they are seeking options for financing of more equipment or even purchasing
new franchise locations to expand their empire. Some of our clients own as many
as 3-5 pizza or burger joints. You can make decent money with one but multiply
that by several and you now have a condo in Fl. for the winter.
It's all in how you get there. There
are many options for financing when it come to business. And as a business
owner you probably realize there is never a one size fits all solution. If the
economy is cooking along banks ease lending practices and it;s easier to get
that business financing. There are also leasing companies for equipment. And
there are Merchant Cash Advances.
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small
business financing for expansion
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Merchant Cash Advances differ a bit
as they are based on credit card sales. You pay back a percentage of your daily
credit card sales until your advance is paid off. For some business owners it's
a lifeline, for some it's just another financial tool to be used at the right
time and place. However you view it depending on your financial needs a Merchant Cash Advance can offer the Franchise
owner more flexibility when considering expansion of their business.
Advantages of a Merchant or Business
Cash Advance:
1. No up front application fees or
closing costs
2. A-B credit not required in fact a
lot of our customers have less than prefect credit
3. No collateral required, you just
have to prove your credit card sales can justify the financing
4. Tax Deductible. Fees associated
with the payback of the advance can be a write off. Of course we suggest
consulting your tax adviser to confirm this
5. No personal guarantee, It's the
business that's liable not the owner.
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Business
financing for Equipment and Inventory
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Merchant Cash Advances may not work
for everyone, but if you are in a place or position and think this may help
your business grow give us a call, our cash advance professional can walk you
thru the process. There is no obligation, no up front fees and no high pressure
tactics. We work for you
NorthWest Finance
Minneapolis, St Paul and Across the US
612-615-8196
www.merchantcashadvanceus.com
Merchant Cash Advance, Merchant Cash Advances, Merchant Cash Advance Companies, Business Cash Advance, Small Business Financing, Business Financing
