Business Loan Vs Merchant Advance

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For many small to medium size business owners, obtaining a loan through traditional methods such as an unsecured or secured bank or a private investor is a very tedious process, not to mention nearly impossible in today's economy. Banks have businesses convinced that they are the best way to go when it comes to obtaining funding for your business. The truth is that banks have made a good business on merchants defaulting on their loans over a longer repayment term.

Statistics show that more than half of small to medium size businesses will close before their 3rd anniversary. The bank then gets to take the collateral the merchant put against the loan as repayment, often a small business owner's home. The goal of a business owner, when investing in their business should be to use the funds to increase profit and payoff the money borrowed in a timelier manner. If you have above average credit and you're sure you want to stake your personal collateral, a bank may be the better avenue for you to take. A merchant advance is designed with the small to medium size business owner in mind with no credit check, no collateral, no long drawn out process and best of all, easy to understand terms.

Do you want to keep away from a drawn out loan process with hidden fees and no guarantee of approval?

A business cash advance can provide you with the means to make your business into what you have always visualized. A business cash advance can offer you the money you need to bring your business to the next level.

This is not a bank loan. You don't receive you a credit line. You would receive the cash directly into your account within 10 business days of completed paperwork. Repayment is easy. No messy paperwork or bills to pay, a small percentage of your daily batched credit card transactions would go towards paying off the advance. You receive the cash now, and you repay straight from the credit card receivables. It is that easy.

Chris Black is with Making Obstacles Manageable, Inc. would like to invite small business owners to see how our program compares to a traditional business loan from a bank. For more information please visit www.ourbusinessloan.com. 

Chris also worked with Federal student loans for many years.

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