|Merchant cash advances for small retailers|
Tuesday, June 10, 2014
Next Day Funding for Small Retailers
In today’s competitive retailing marketplace, small, independent retailers must have access to working capital when needed. Merchant cash advances have emerged as a viable alternative, particularly when traditional financing is not an option. Merchant cash advances are not loans, but advances against future MasterCard and Visa sales paid back via a small, agreed-up percentage of daily credit card transactions. There are no fixed payment schedules, no restrictions, no collateral, and no bank fees – all the business has to do is keep doing business as usual.
With payments solutions for every situation, Total Merchant Services also provides cash on demand for small retailers, including next day funding via merchant cash advances. This enables retailer operators to expand or renovate their stores, or introduce new products or advertising campaigns to grow their businesses. When the need for capital arises, Total Merchant Services shows small retailers the money.