Nassau County Merchant Cash Advance
Delancey Street is a premier, and top rated, Nassau County merchant cash advance provider. We understand that your business is experiencing a cash flow crunch — we are here to assist without the high rates of interest and fees that many are charging. Sometimes, having a small bit extra capital may produce a terrible month — easier. That is where merchant cash advance comes into play.
What is a Nassau County merchant cash advance?
This is a scenario in which you receive a lump sum of money in exchange for a percent of prospective credit/debt card sales. These cash advances provide capital to companies that might not qualify for traditional financing, or might be unable to get traditional financing fast enough. This is a excellent resource to keep your organization afloat while you search for other choices. We believe every company deserves the opportunity to find the funding required to stay afloat without needing to jump through hoops. We believe it is our duty to assist you, your loved ones, and the men and women working for you and keep your company alive. We’ll never push you, or provide you, a merchant cash advance that isn’t smart.
We would like you to consider us as your business partner with your best interest in mind. Using a merchant cash advance, we can help you boost your business cash flow without putting your company assets at risk. Lots of individuals think that they won’t qualify and as a consequence — do not try to find a cash advance. This is incorrect!
Merchant cash advances great for business owners that accept credit card payments, or other lien flows, and require a cash advance so as to fund their operations. The merchant cash advance isn’t a loan — it is basically a merchant cash advance business advancing you money based upon future revenue your business will generate. Small businesses may apply for a merchant cash advance quickly, and receive the funds deposited into their accounts quickly.
We work with retailers of all industries and verticals. You can find a merchant cash advance in a week, without ridiculous paperwork. What we look at is the everyday credit card receipts to be certain that you can really repay the cash advance.
Additionally, you won’t lose your house, or other private property with a merchant cash advance. You do not need to worry about sacrificing your private or business assets if your sales go down and don’t repay the loan. If you go out of business, you do not need to be worried about lawsuits in the future trying to get repayment. Merchant cash advances are non-recourse, which means there is no penalty. Based on how risky your company is — in some rare cases a merchant money provider might ask you for a personal guarantee. This is an agreement that makes you responsible for repaying the cash advance. Some Nassau County merchant cash advance companies may request this in the event you’re deemed”high risk.” If you sign this agreement, the Nassau County merchant money provider may attempt to recoup losses incurred. Many times, many merchant money providers in Nassau County base their repayment program on a fixed% of your earnings.