Merchant loans: Benefits, uses and more

Why should I consider a merchant loan?

There are many reasons why small business owners should consider merchant loans, especially small business owners who can’t seem to get funds using traditional funding methods.

Benefits

There are many benefits involved with choosing an MRI merchant loan. Small business owners who want to reap these benefits should definitely consider using this method of business funding. We offer fast funding, flexible repayments, minimal requirements and renewal opportunities. This means we can approve your application in 48 hours and we can fund your account in as little as five business days. Then, your customers repay the business cash advance, as we deduct a small percentage of daily credit card sales until your merchant loan is repaid. You can then renew your advance approximately every three to four months.

Uses

If you are considering increasing your advertising, expanding your business, purchasing additional inventory or even repairing equipment, you should consider a merchant loan. As long as your business processes a minimum of $3,500 in monthly credit card sales, you have a year or more left on your business lease, you’ve owned the business for at least six months and you don’t have any unresolved bankruptcies, we can provide you with a merchant loan of up to $500,000. In fact, you may even qualify to get the lowest rates in the industry plus your choice of terms.

In short, if you want fast cash, consider a merchant loan. If you want minimal requirements, consider a merchant loan. If you want a flexible repayment plan, consider a merchant loan. If you want to be able to use your funds with no restrictions, consider a merchant loan. And if you are considering a merchant loan, choose Merchant Resources International.

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