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How Does a Merchant Cash Advance Compare to a Traditional Bank Loan?
Posted by Cornerfinancialfl Administrator on 07 November 2017 06:22 PM

Qualifying for a Merchant Cash Advance is far easier than a bank loan. No checks are ever written, no late fees or hidden fees. In addition, there are no personal guarantees, no loss in equity or need to post collateral to secure the cash advance. Also the documentation is minimal compared to the extensive “hoops” that a traditional lender makes business owners jump through. And the best part is that the approval comes within 48 hours.

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