Business Cash Advance - Merchant Cash Advance

March 19, 2013 - PRLog -- If you run a small business & need some extra cash for stock, pay bills, advertising or expansion, etc, a Merchant Cash Advance - otherwise known as a Business Cash Advance could be the answer for you. Especially if you have been turned down by your bank! Banks have become strict with their money since the beginning of the credit crisis in late 2007. As time has passed during the recession, credit has just gotten tighter & tighter. Remember this is NOT a loan, it is an advance of money provided to you against the purchase of future debit and credit card receivables that you take from your customers via your credit card machine/pdq machine. Repayments are made on an agreed percentage of receivables, so the more you trade the quicker the sum is repaid, when turnover is slow, your repayments are low. The term that you can take this over is from 6 months - 12 months.

Reasons to Apply for a Business Cash Advance

Qualification is easier than with traditional business loans
Flexible repayment terms – repayment is based on sales volume, not a flat rate
Gives you more money in your pocket to improve cash flow
Use the money for whatever you want - as long as it's legal!
No personal liability for repayment of the cash advance
Gives you more money in your pocket to improve cash flow

The amount you can apply for can be from £3,500 - £100,000 but you need to have a physical credit card machine & provide 12 months of processing statements. The beauty about this cash with MaxPayNow is that you DON'T need to change your current merchant provider & the approval with us is extremely high! Even if you have CCJ's, we look at each application on an individual basis.

At MaxPayNow we also provide merchant accounts for low & high risk industries & overdraft facility up to £10,000, so contact us on 0161 928 2287 or visit our website at www.pdqmachine.biz