It’s something that no one really likes to talk about, yet it affects millions of individuals across America. I’m talking about bad credit, and it’s about time that someone did. It’s a situation that can have a detrimental aspect on anyone, especially those trying their hardest to maintain a small business.
Banks and other lenders often turn a blind eye to these individuals, refusing to even speak with them simply because they fell on hard times at one point or another. Yet, there comes a time when all of us need immediate funding to keep our businesses running smoothly. Maybe there are some renovations that need, you need to borrow a small amount to meet payroll requirements, or you simply need some extra cash flow to get an advertising campaign off the ground.
Even if a lender chooses to work with a lower credit score, it can take what seems like forever to obtain the funds. Anyone who has ever owned a business knows that there just isn’t time to wait for cash to hit the bank, leading many to find other alternatives to help out their situation. Before you go dipping into your personal savings, have you ever considered the companies that offer bad credit merchant cash advance financing?
When you need money yesterday, Rapid Advance is a highly respected, reputable company to turn to. They offer between $5,000 and $500,000 without seizing your credit card, and only require you to have a credit score of 500 or more. Getting approved is as simple as being in active business for three months, having card transactions of at least $2,500 a month, and only one year remaining on your lease.
You can expect to see your money in three to five days, which is a thousand times faster than a bank can deliver. With an average 1.20 factor rate and an average APR of 50 to 80 percent, they may seem a little costly at first, but the amount of money you will have available at your fingertips can give your business all it needs to run smoothly or even expand. Not to mention, their is no lien required.
What really makes RapidAdvance stand out is their track record for exceptional customer service. Anyone who does business with them knows that they are ready and willing to help you when you need it. On top of that, their pricing is incredibly straightforward and honest.
Your New Ally
Founded in 2003 and based out of Ft. Lauder dale, Florida, Aliant Payment Systems is another fantastic choice for those with lower credit scores. You will only need a score of 450 to apply for credit from these guys, and applying is a simple three step process with zero paperwork. Win-win?
They are well known for ATM services, High Rick Processing, and Payment Gateways as well as data management services. With over 150 full time employees and a revenue of nearly $5 million, it is pretty clear that they do good business. To prove it beyond a shadow of a doubt, this company has been racking up awards left and right, and has over 5,000 active customers.
Don’t Let Bad Credit Stop You
An imperfect credit score can have a very negative impact on your life, but that doesn’t mean you won’t be able to take advantage of a merchant cash advance when you need one. These are just two companies that help people in the same situation operate their business without a hitch. Stop letting your credit hold you back, take charge, and get the fund you need to succeed.