Los Angeles-Long Beach, CA (1888PressRelease)
February 21, 2009 - A July 2008 Capital Access Network survey of 276 small business owners in the fields of restaurant/hospitality, health/medical, retail, service, etc., revealed that 87% of the surveyed business owners feel that access to a readily available line of credit is important.
Merchant Resources International has been providing small business owners with readily available funds through the business cash advance for six years.
Merchant Resources International's business cash advance product allows small business owners who have owned their businesses for at least six months and process a minimum of $5,000 in monthly credit card sales to receive up to $500,000 in unsecured funds for their small businesses. These funds are then repaid via a small percentage that is automatically deducted from the business's daily credit card sales, a process that usually takes six to eight months.
Although 76% of surveyed business owners still feel that banks are one of the most trusted sources of capital, 42% feel that it is important to have a back-up plan, in case the bank does not come through.
MRI's business cash advances are also suitable for small business owners who need back-up plans.
For more information about the business cash advance, please visit http://www.businesscashinadvance.com. Small business owners who are interested in applying for a business cash advance may also visit http://www.businesscashinadvance.com, or call (800) 539-5447 to speak directly to a funding specialist.
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