Los Angeles-Long Beach, CA (1888PressRelease)
January 16, 2009 - The merchant cash advance, an alternative method of business financing, was recently featured in an article on a major business magazine’s website.
“The decade-old industry has grown significantly in the past two years, to more than 50 providers, observers say, and the tight credit environment is fueling demand,” writes John Tozzi in his article titled “How Merchant Cash Advances Work.”
Merchant Resources is one of the leading providers of merchant cash advances, placing over $43 million dollars into small businesses in 2007.
“We understand that the money is not inexpensive,” says a Merchant Resources funding specialist. “But in this economy, where the banks aren’t lending, if the money is going to be used as an investment it is definitely worth it.”
Merchant Resources provides merchant cash advances from $5,000 to $500,000, based on a business’s monthly credit card sales and the business owner’s need. Repayments are then automatically deducted as a small percentage from the business’s daily credit card sales.
For more information about merchant cash advances please visit http://www.cashprior.com. Small business owners who are interested in taking advantage of a merchant cash advance may also visit http://www.cashprior.com or call toll-free (800) 277-1750 to speak directly to a funding specialist.
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