A merchant cash advance provides a business finance solution for companies who predominantly generate income through debit and credit card transactions.
For businesses working in the retail and hospitality sectors cashflow is vitally important and keeping this healthy is a must for each company. This is where a merchant cash advance can be so beneficial.
A merchant cash advance is arranged by a lender following the review of a businesses cashflow history. It will be set-up to give the business an immediate cashflow boost which is then repaid over a period of time as a result of the card payment transaction.
The major benefit of a merchant cash advance is you get an immediate boost in cashflow and repayment is directly as a result of future sales.
As a business, the more sales put through a card machine the more suitable you will be for a merchant cash advance. You can secure a high level of funding and repayments are made much faster thanks to the high level of card payments daily.
The NGI team put their client needs first. We have built our reputation in securing the best merchant cash advance solutions available.
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