All businesses need cash. Merchant Cash Advance differs from traditional loan products, and is best suited those businesses earning income through EFTPOS, like restaurants, convenient stores, supermarkets, etc. It is designed for those established businesses which have a high cash flow, but low cash on hand. A Merchant Cash Advance loan is when the Lender purchases the business' future cash flows. It is a large amount of cash deposited into your business to boost your business' current cash flow, while repaying the cash advance using your future cash flow of the business, helping you to walk out of financial difficulty.
Merchant Cash loans are becoming more popular in recent times. This is due to the fact that they are unlike most other loan products, which require at least a motor vehicle or real estate property to be used against the loan, Merchant Advance Loans are usually secured by your future cash flow, and thus no assets are required in order to obtain the loan. The Merchant Loan has a very short turnaround time, and thus, are very useful for those businesses looking for urgent cash flow support. Here at Max Funding, our team is devoted to finding the most appropriate funding solution for your business needs, ensuring you are able to resolve any financial situation as soon as possible.
Simply apply through our 5 minute pre-approval form online, and you will be given an instant indication on the most suitable loan product for you and your business. If our loan products are not suitable, there is no obligation to follow through with the application. Max Funding offers a wide range of business funding products, with great flexibility to enable you to excel your business to where you want it to be. Apply now!