Los Angeles-Long Beach, CA (1888PressRelease)
January 09, 2009 - Small business owners can visit http://www.mymerchantloans.com to receive business funding information offered in the online business funding guide.
This funding guide provides merchants (owners of retail and/or service-oriented businesses) with various business funding options, noting both the pros and cons of each. These business funding options are then rated on a scale from one to five stars (one star being the least convenient for merchants and five stars being the most convenient for merchants).
Types of business funding options that are featured in the funding guide include, bank loans, equipment leasing, venture capital, personal savings, and the merchant cash advance also known as the merchant loan.
The merchant loan received the highest ranking (five stars) due to the fact that borrowers can receive fast funding (in as little as ten business days), there is no collateral required, minimal paperwork, it is cash flow friendly and excellent credit is not a requirement.
“Merchant loan repayments are perfect for retail and/or service-oriented business owners, because repayments are automatically deducted as a small percentage from the business's daily credit card sales,” states the website. “Therefore if a business's credit card sales drop during a particular month, the business's merchant loan repayment amount will also drop for that month without any penalty to the borrower.”
For more information about merchant loans, please visit http://www.mymerchantloans.com, or call toll-free (800) 277-1750 to speak to a Merchant Resources International funding specialist who will answer any questions regarding merchant loans.
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