All Loans Are Not Equal
The Difference Between A Merchant Cash Advance and a Business Loan
Small business growth can grind to a halt when you fall into business debt, especially debt accrued from a merchant cash advance.
Before your take out a loan it is important to understand the differences between a merchant cash advance and a business loan.
The Modern Day Version Of A Loan Shark
Business loans come from banks (or other reputable lenders) and can have payment periods stretched out over the course of multiple years.
Merchant cash advances, on the other hand, seldom come from reputable sources and are often limited to very short repayment time frames (in some cases being less than a month!)
Merchant cash advance providers prey on small business owners. Their aim isn’t to help you, rather it is to keep you on the hook for recurring payments. You are essentially dealing with the modern day version of a loan shark.
Does this sound like you? If it does, then don’t hesitate to give our debt relief experts a call. We want to give you your business back.