Why is a merchant cash advance from Painless
Processing the obvious choice?
We make the process quick, easy, and painless… here’s how:
No application fees
No closing costs
No collateral required
No financial statements or tax returns required
No complicated contracts
Quick approval process
Incredibly flexible repayment plans
Credit rating flexibility
No merchant account required
High risk merchants accepted
Use your new capital for any type of business purchase.
Here are some of the most common reasons.
Research and development
Marketing or advertising
Expansion through mergers or acquisitions
Capitalizing on growth opportunities
Easing cashflow restrictions to improve operations
Funding seasonal or holiday needs
Merchant cash advances are for small to mid-size businesses that have an immediate need for liquidity. Banks have made it difficult for merchants to get funding quickly and most have clauses within their lending contracts that restrict how funds can be used. With a merchant cash advance, merchants can get cash fast without restriction of how to use the money to help their business. Even high risk merchants can get a merchant cash advance of as much as 175% of their current monthly credit card or ACH processing volume in order to have access to much needed capital.