What is Merchant cash advance? A merchant cash advance or revenue based loan is a source of short term business funding for business owners who find it difficult to obtain financing from banks or lenders. These advances are repaid within the time period of six to twelve months. Merchant Cash Advance is borrowed against your future credit card sales. To…
Every business needs funding. But unfortunately, not all businesses have a good credit score. A credit score is one of the most important things that lenders will consider while giving you the loan. Banks are reluctant to give loan to someone who has a bad credit history. There are a lot of alternative options available. Therefore, even with a bad…
A home equity based loan is an option for people that want to use the equity on their home to get a loan. The Equity is the home owner’s interest in a home. It is a type of the second mortgage. It will increase when the value of the property increases. In simple words, it is the portion of the…