What is a Business Cash Advance and How Do I Get One
Winston Churchill said, “Let our advance worrying become advance thinking and planning.” When your business is struggling, you also need to think ahead. This means finding out what is a business cash advance and how you can get one.
In business, you must keep moving forward. Knowing what is a business cash advance can help your business advance as well.
All You Need to Know about what is a Business Cash Advance
A business cash advance is like a commercial business loan, using your future receivables as collateral. You are basically being given an advance on your business’s future income.
Those account receivables still come directly to you but you. However, you are paying back the cash advance you have been given a little at a time. Usually you make a small repayment each business day.
Some people are afraid of getting a business cash advance. This is because of a few predatory companies that have given the field a bad name. The truth is that business cash advances is one of the oldest types of business transactions. Countless businesses have used them to manage cash flow and save their companies.
Where to Go for a Business Cash Advance
Uneven cash flow issues can happen to any business. Today, many of those businesses have turned to Financing Solutions (www.financingsolutionsnow.com) for a business cash advance.
At Financing Solutions, you can get fast business capital with minimal paperwork and low fees. In most cases, you can get the cash you need in less than 48 hours.
By getting this short term business financing, you can make payroll and continue to handle daily operations. Most importantly, going to them for a business cash advance will not negatively affect your credit score because they don’t require personal guarantees.
How to Advance Your Business
To grow your business, you can’t stay still. You must keep marching toward your goals. As a busy entrepreneur, this might be easier said than done. These tips may help you advance your business a bit faster.
While this might seem like the opposite of success, one thing you need to do is take a break. For the health of your business, it is vital for your own mental and physical health to be strong. Plan some time to recharge, reflect and renew. This could be something that you do each evening, by unplugging and spending quality time with those you love. You can also do it in a series of weekends throughout the year. Additionally, you could make it a company retreat. Take some of your key employees to a different setting to discuss ways to improve.
You must also sweat the small stuff. Too many businesses have gone under because they didn’t know how much fast cash they had on hand. It is crucial to be aware of your daily, weekly and monthly numbers and projections. This doesn’t have to become a time-consuming chore. Hire a quality accountant or purchase software to make it an easy habit.
The best way to advance your business is with a cash advance from Financing Solutions. They can give you the business cash now that you need to succeed.