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12 Nov

Small Business Loans Made Easy

General

Posted by: Lynne Gibson

Small Business Loans Made Easy

As a small business owner do you need access to cash and looking for an innovative solution?

With today’s lending guidelines it is often difficult for Small Business Owners to obtain funds from the main stream banks and lenders.  Merchant Cash Advances (MCA) is an option for businesses that accept debit / credit card payments to obtain access to cash in typically 7- 10 days!

Why choose an MCA over a traditional bank loan?

ü  NO COLLATERAL.  Based on sustainability of sales and the profitability of a business rather than the underlying collateral like a traditional bank loan.

ü  CASH FLOW.  No fixed monthly payment so cash flow is easy to manage.

ü  FLEXIBLE.  Repaid from debit / credit card sales so payment is not made unless you get paid.

ü  SIMPLE.  No hidden fees & automatic process reduces administrative burden.

ü  FAST.  Quick and efficient access to capital requirements. 

 

 

                        MCA are used by a variety of business like restaurants, auto repair, dry cleaners and beauty salons.   No limitations – a great resource for any business with debit / credit card sales to obtain quick and easy access to cash for renovations, inventory, equipment repair, debt consolidation or even an RRSP purchase. 

The opportunities are endless and the process is quick and easy.   Don’t hesitate contact me today!

 Lynne Gibson, CGA

(416) 458-4246   lgibson@dominionlending.ca

www.lynnegibson.ca