Fast close business loans are needed and are finally a reality for today’s small businesses. Many don’t understand how to use this valuable tool to enhance their business cash flows. However, taking the time to truly understand the the fast close style business loan as a financial tool is critical to helping small businesses succeed.
When looking at this type of merchant cash advance business loan, which close extremely fast!, sometimes in as little as 48 hours for approval, merchants and small business owners need to understand that the high interest rate is not an issue if you use the loan properly. The best way to think of this type of business loan is like this; the lender is becoming a partner in the opportunity.
They are investing in the business short-term and the business is taking advantage of an opportunity to earn a larger profit by using the fast close business loan to buy supplies in bulk for a better price, by purchasing a close out item for pennies on the dollar, by carrying the business through a growth spurt and allowing them the extra cash on hand to handle a bump in hiring.
When using one of these small business loans with a fast close, the small business owner should intend on paying the loan back quickly. Their partner, the lender in this case, will also be allowed to participate in the profit with the small business owner. Think about it, as a business owner if you could purchase materials for pennies on the dollar or a 90% discount to your normal price if you would move quickly and buy in bulk, how much money would you save. If you could do that with a partner who handed you all the working capital you needed wouldn’t you share some of the profits with him? Most savvy entrepreneurs say YES!
Fast close business loans held over a 90 to 180 day period can cost as little as 3% per month. If you borrowed the money for 90 days, you would pay less than 10% of the use of that money! That’s phenomenal! Most equity partners would want 50% of the profits to put up all the capital needed! Now you have a choice with the merchant advance small business loan. The flexibility and the opportunity to increase profits exists when this financial tool is put to work in the right way in any small business. For more information contact us today to find out how a fast close business loan from FastLoans.capital can help you make more money!
FastLoans.capital and Dividend America Commercial Lending provide access to specialty finance for small businesses Nationwide. Lending in all 50 states and focusing on loans in the markets and submarkets listed in the S&P Case Shiller Home Price Index and the surrounding secondary markets to those cities. We look for opportunities in: Boston, Chicago, Denver, Las Vegas, Los Angeles, Miami, Fort Lauderdale, Orlando, San Diego, New York, San Francisco, Phoenix, Atlanta, Tampa Bay, Detroit, Minneapolis-Saint Paul, Charlotte, Dallas / Fort Worth, Portland, Seattle, Cleveland, Oklahoma City, Jacksonville, Indianapolis, Nashville, Kansas City, Louisville, Milwaukee, New Orleans, Philadelphia, Raleigh, Sacramento, Salt Lake City, San Antonio, San Jose, Saint Louis, Tucson, Austin, Baltimore.