Franchisees Can Get Business Financing Through Merchant Resources

Oct. 30, 2008 - PRLog -- Merchant Resources International provides business cash advances for franchisees.  
Franchisees across the United States and Canada can acquire funds for the development and/or preservation of their individual franchise, by selling their future credit card receivables.

MRI can provide business cash advances for franchises regardless of the type of industry.  Fast food, chains, hair salons, automobile repair shops, gyms, and many more franchises can be eligible to receive a business cash advance if they process credit card sales.
MRI has currently provided funds for owners of over 24 franchises including McDonald’s, Cold Stone, Subway, and Fantastic Sams.

The funds acquired through a business cash advance can be used to pay for equipment upgrades, maintenance, inventory purchases, or any other needs that a franchisee may have.  

Interested parties will be asked to submit the last four months of their franchises’ credit card statements for review.  A borrower can receive up to $500,000 and repayments are automatically deducted as a small percentage from their business’s daily credit card sales.  

A borrower can usually receive a business cash advance of up to 30 percent more than his/her business’s monthly credit card sales, and business cash advances typically take approximately nine months to be repaid.  But franchisees are encouraged to contact MRI for further details as the numbers for each individual franchise will vary.

Franchisees who would like to take advantage of this opportunity can receive a business cash advance by visiting the Merchant Resources International website at http://www.businesscashadvanceloan.com and completing a short application, or by calling the offices at (800) 277-1750.  Should the applicant choose to apply online, he/she will be contacted by a funding specialist shortly after the submittal of the application.  

Non-franchise, retail business owners are also encouraged to contact Merchant Resources International for small business financing.  They too can receive funds for their small businesses after completing a short application, submitting the last four months of their businesses’ credit card statements and speaking with a funding specialist.

For more information visit http://www.businesscashadvanceloan.com or call Merchant Resources International at (800) 277-1750.

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Merchant Resources International provides merchant cash advances for small business owners. Small business owners can have easily accessible funds for their businesses with the business loan alternative.