Los Angeles-Long Beach, CA (1888PressRelease)
December 11, 2008 - The Premium Merchant Cash Advance is the newest product to be added to Merchant Resources International’s line of business cash advance products.
With the new Premium Merchant Cash Advance, Merchant Resources can provide terms of up to 12 months. Merchant Resources also offers the lowest rates in the industry, allowing small business owners to save thousands of dollars when they choose a Premium Merchant Cash Advance.
To be eligible to receive a Premium Merchant Cash Advance, an applicant must be the current owner of the business in question, and he/she must have owned the business for a minimum of two years. The business must not be seasonal (processing roughly the same amount in sales each month) and the applicant must also have a Fico score of at least 600.
Small business owners who apply for the Merchant Resources Premium Merchant Cash Advance must qualify to receive at least $50,000 as $50,000 is the minimum amount offered through the Premium Merchant Cash Advance.
Just like the original merchant cash advance product offered by Merchant Resources International, Premium Merchant Cash Advance repayments are made as a small percentage that is automatically deducted from a business’s daily credit card sales.
Merchant Resources grants the borrower full discretion on how the Premium Merchant Cash Advance will be used.
For more information on the new Premium Merchant Cash Advance offered by Merchant Resources International, please visit http:/www.cashprior.com/premium_merchant_cash_advance.php. Small business owners may also call (800) 277-1750 to speak directly to a funding specialist about a Premium Merchant Cash Advance.
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