All right, we are into small business funding. Yes, we do financing for business owners who own small business. The reason is simple – we think it is these people who require our support the most. So, we at Rapid Advance offer solutions to small and medium business enterprises. What we all over to them is altogether a different story. Still, just to give you a cache- here’s what we provide….
In all we have three types of main financing programs:
Flexible Small Business Loan Program
This kind is for those who are looking for funds the non – traditional way. Here under flexible small business loan program, we offer easy and short period of time process of application ( generally 48 hours of being approved) just 6- 7 days for the paper work and fixed automated repayment with easy cash flow management. In addition to this we do not restrict usage of funds that means, once you have the funds, you can use them for any section of your business. We do not ask you why you are using it in this section and not that part. Maybe this is the reason we have higher approval rates than other bank loans. (To confirm this, you can ask any of the rapid advance reviews)!
Merchant Cash Advance Program
As the name itself tells you – in this program your future Visa, Discover, MasterCard or AMEX receivables are automatically converted into immediate cash. Repayments over here are based on fixed percentage of your future credit card receivables. Payments are automatically linked to the remaining balance till the balance is completely over. (We receive the payment only when you make a sale, thus helping you to manage cash flow without any tension)!
What more good about this program is that we do not ask for any kind of collaterals? There is no need to any credit card processors and we do not restrict usage of funds allocated. Well, that’s how we best explain this program. To know more you can read about it in Rapid Advance Reviews!
Line of Credit Program
This program was devised out thinking the urgent need of funds. This Line of Credit program allows a businessman to get larger sums of money but incur cost only on the funds which you have withdrawn. This means you can have a comparatively bigger amount of fund but incur cost/interest only on the amount which you use. No interest will be levied upon the idle money though it might have been drawn by you. It is a good plan for those who can see large money in the coming months but do not require the approved loan amount to be utilized immediately.
This kind of loan helps in taking control over the loan amount and how it will be spent by the businessman. It also helps the businessman to save money as interest is paid only on the utilized amount and there is no restriction as to allocation of the loan amount.
All of this may sound a bit more or a kind of hype, but we insist that one goes through rapid advance reviews to know us better….
Samon Bagons is a financial writer who has profound knowledge on the contemporary financial world. He loves to contribute his articles to various financial communities, websites and blogs so that people who are going through distress, can read and help themselves get out of the debt mess.