Trouble Remembering Loan Payments? Use a Merchant Cash Advance Instead
A merchant cash advance is one of the easiest types of financing for business owners to manage. It’s easy to apply for and simple to use. One of the best parts is that loan payments are deducted automatically from your merchant account each month, so you never have to worry about debt or penalties. At Crimson Stone Capital Solutions, our team is happy to help you get started with this phenomenal, flexible business financing option.
Percentage-Based Monthly Payments
The size of the loan provided depends on the volume of your average monthly credit card sales. That way you can get a loan that is helpful with feeling stressed. This amount is deducted over time in percentage-based payments from your credit card sales. A percentage-based system means you always have enough to pay off the loan comfortably, and you don’t have to worry about going into debt.
For example, if you have a month with spectacular sales, you pay off a larger portion of the loan. During slow months, the size of the payment is also less. This ensures that you never feel overwhelmed. Getting a merchant cash advance is a positive experience.
MCA financing works as a true advance. In other words, you’re using money projected from future earnings. Because of this, we let you decide the best way to use the financing, similar to getting working capital. Whether you want to hire employees, buy inventory or upgrade equipment, the choice is completely yours.
To learn more about this type of financing, contact us right away.