In running a business a reliable source of financing or additional funding is undeniably important. Money may be considered as the life-blood of any business no matter the size or market it is in and its healthy circulation within is vital in the longevity of the business. Even with most carefully laid out budget and plan, emergency expenses are inevitable. To answer to these arising issues, you can choose from many financial services including a merchant cash advance and various forms of loans which may be obtained from traditional institutions, to banks, to lending companies.

So why choose a merchant cash advance?
A merchant cash advance, by definition, is an amount of money taken up front as a purchase of receivables or future selling merchant services over the phone credit card sales. What makes this program so attractive is that it may be availed of not only by well-established business owners but also by new-comers and even those with bad credit history. Because of its immediate liquidity, it is also a very ideal solution for urgent financial issues.

Unlike with merchant cash advances, obtaining a small business loan to further support various business operations and strategic ventures from banks and other traditional financing institutions has become more of a problem than a solution to arising problems. Why? Because aside from the many requirements that you have to meet, you would also have to go through tedious processes that demands a very long waiting time. So if approved, by the time you have the money, your business may already be a thread away from bankruptcy.