Get Quick Access To Funding With a Business Cash Advance
Does your business need access to capital right away? A business cash advance, also known as a merchant cash advance, is an excellent solution if credit cards and debit cards are your main sources of revenue. Here’s how it works: you are provided a lump sum of cash up front that you will pay back with a percentage of your company’s future sales.
You won’t need to make a large monthly payment every month. Instead, you will repay your cash advance with fixed daily or weekly deductions from your business bank account. The repayment term lengths for a cash advance range between 90 days and 36 months. However, the more credit card and debit card transactions you process, the quicker you will repay the advance. Paying off your cash advance quickly can help improve your company’s Paydex score. Our application is simple and takes just a few minutes. You can get approved without having to provide endless financial paperwork or collateral. Once you are approved, the cash will be provided in just a few days.
Business cash advances are ideal for businesses that need capital quickly. Perhaps your business is fairly new, or a startup, with not a ton of credit history built up. You may be unable to wait for a traditional loan approval process. Or you may also not have enough assets built up to qualify as collateral for a traditional loan. In either of these scenarios, a merchant cash advance can be a helpful resource for accessing capital. As long as your business is able to forfeit a percentage of daily credit card sales towards debt repayment, merchant cash advances can be a good idea.
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Business cash advances with Union Commercial Capital are a great financing option for small businesses that need quick capital. This alternative business financing was created specifically to address the problems of traditional financing options like complicated approval processes, long waiting periods, spending restrictions and high decline rates. You get a lump sum of cash deposited directly into your bank account!
A Simplified Funding Process
1) Submit an Application
You can apply for any of our financing solutions in just minutes.
2) The Underwriting Process
Our streamlined process allows us to provide you with a decision right away. You won't wait long to find out how much you qualify for.
3) Get Funding Fast
Once approved, you'll get your funds quickly. We have one of the fastest funding processes in the industry for each financing product we offer.
Unlock the Lowest Rates, Longest Terms & Highest Loan Amounts
At Union Commercial Capital, we understand no two businesses are the same. That's why we look at each scenario individually to ensure that our clients get the financing that fits with their business goals and needs. By looking at each business individually, we can help approve many more small business loans than our competitors.
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With our hands on process, we get a large percentage of our business loan applications approved and can get our client significantly more capital. It only takes a few minutes to apply and less than 24 hours for approval.