Tuesday, January 17, 2017

Merchant Cash Advances for Franchise Owners



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.
 
Merchant Cash Advance, Merchant Cash Advances, Merchant Cash Advance Companies,
Business Cash Fast
Franchise equipment and expansion financing
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.

small business financing for expansion
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.


                                      Business financing for Equipment and Inventory
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


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