Get Fast Cash Quickly When You Need It
If you are looking for short-term financing, you need to look past traditional business loans. That’s because they tend to overlook the needs of business owners who have short-term opportunities available that require working capital. Instead, they focus on investments that play out over years. Luckily, there are lending options like the merchant cash advance to fulfill your needs when those opportunities come up.
How MCAs Work
These advances use your merchant credit account as the basis for the advance. That means when you apply, your monthly volume of credit card transactions is used to determine how much you can easily pay back. Then, after funds are dispersed, your payment is a percentage of your credit transactions until you finish paying the advance back.
Benefits of a Merchant Cash Advance
- Fast closings and commitments
- Reusable—take out advances as needed
- Funding grows with your business—up to $200,000
- No loss of equity in your business
Whether you are looking at taking advantage of time-sensitive opportunities or just investing in your business’s long-term success, fast funding is easy when you work with Norris Commercial Capital associates to find the right advance for your company. Contact us today to start an application or to get answers to all of your important questions.
North Carolina is the 28th largest state in the U.S. and the 9th most populous state. North Carolina is also home to a large financial center, second only to NYC. Winston-Salem, NC is home to such sites as Tanglewood Park, the Reynolda House Museum of Arts, the Wake Forest Innovation Center, and much more. Industries in North Carolina include healthcare, construction, hospitality, manufacturing, tourism, agriculture, freight, and engineering. To assist in growing businesses throughout North Carolina, we offer these various business resources to help get you to the information your business can use to help succeed.