Seasonal businesses can generally be distinguished in two categories. In the first category, there are some businesses, which usually operate in certain seasons of the year. A snow removal service, vacation cottages are some of the well-known instances that can be cited in this context. On the other hand, there are also few businesses, for which some of the particular seasons of the year are highly lucrative. For example, there are various retail businesses, which earn the maximum number of profits in festive seasons like Christmas.
Although, the seasonal business mostly succeed in fetching a lump sum amount of money, but still the banks or traditional lenders often remain disinclined in approving loans for the same. According to them, a seasonal business is a high risk one and often undergoes slow sales seasons or complete closings. Thus, for most of the seasonal business owners, getting hold of a customary business loan is undeniably one of the most grueling tasks to accomplish.
Now, overcoming this kind of adverse situation is not at all a mere cakewalk and hence it is imperative for every single business owner to opt for the assistance of a renowned merchant advance company like Rapid Capital Funding. The merchant cash advance program, being offered by this organization not only provides you with an unsecured working capital of up to $250,000, but at the same time even makes sure that you are going to obtain the same within a span of only 72 hours.
This business cash advance is solely dependent on your future credit card sales volume and unlike the conventional business financing; here you even do not need to endure the processes of personal guarantee, security collateral or any kind of credit assessment. In fact, the merchant cash advances have been exclusively designed for all those business owners, who are either suffering from bad credit score or have already been turned down by the traditional lending sources.
The application process is also hassle-free and unlike the previous ones, here you even do not need to undergo all those large amounts of paperwork, financial statements and tax returns. The merchant cash advance program usually gets approved within a span of only 24 hours and the funds get transferred in your bank account in even less than a week.
The seasonal business owners possess the utmost liberty to use the funds according to their wish and dissimilar to the conventional business loans, here you even do not need to exhibit any kind of specific plan for the funding. The funds are generally being used for multiple purposes, such as, renovation, increasing cash flow for payrolls, purchasing business equipment and supplies, etc.
However, prior to apply for this exclusive business cash advance program, do have a look at the rules of regulations of Rapid Capital Funding, where it is being clearly stated that in order to qualify for this aforementioned program, your business must accept Visa or Master Card as the methods of payment. Moreover, it is also imperative that your business must be current with the lease has a minimum credit and debit card sales of $5,000 per month.
With Rapid Capital Funding’s seasonal business financing program, now you no longer need to get bothered in obtaining funds for your business. Currently, this merchant advance company is providing you with an unsecured working capital of up to $250,000.
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