Business Cash Advance Funding Now Available for High-Risk Businesses


Posted May 15, 2012 by brav22

ENTRUST CASH ADVANCE is now funding many businesses formerly classified as “too high risk” to avail of merchant cash advance financing.

 
Contact: Lily Faden
Entrust Cash Advance
Tel: 888 320-0525 x 3208
Email: [email protected]
http://entrustcashadvance.com

New York, NY, May 14, 2012 - ENTRUST CASH ADVANCE is now funding many businesses formerly classified as “too high risk” to avail of merchant cash advance financing. Small businesses that have been systematically denied bank funding, and were also unable to qualify for cash advance funding, now have the opportunity to receive up to $250k in additional working capital.

Because the funding requirements of cash advance providers are more lenient than those of big banks, Merchant Cash Advance financing has become increasingly popular among small businesses that are unable to qualify for traditional Bank loans. However, even in the Merchant Cash Advance industry, it is common for the cash advance provider to deny businesses funding because of their business type. Many merchant types are considered “unacceptable” candidates for cash advance funding for a variety of reasons. The common factor in these “high-risk” businesses is that their business type has struggled significantly due to shifts in consumer spending since the onset of the recession.

Entrust Cash Advance, a New York City based direct lender of funding for small to medium sized businesses, has been able to work around this “high risk” requirement that prevents other business cash advance lenders from funding the small businesses that most need additional working capital. Entrust has been able to work with high-risk businesses on a case by case basis to come up with a creative finance solution that works for them. In the process, Entrust has successfully provided significant amounts of working capital to high-risk businesses and continues to work with them every day to meet their financing needs.

Examples of high-risk merchants that Entrust Cash Advance has funded include: Furniture businesses, gas stations, lawn service businesses, travel and tourism businesses, construction businesses, and more.

Entrust Cash Advance (also known as Entrust Merchant Solutions) is a New York City based small business financial lender. Entrust has been a trusted lender of small business funding in the form of merchant cash advances, unsecured business loans, and bank-only merchant cash advances since 2005. Entrust has funded over $500,000,000 to small businesses across the United States and Canada.
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Contact Email [email protected]
Issued By Entrust Cash Advance
Website merchant cash advance company
Phone 888 320-0525 x 3208
Country United States
Categories Banking , Business , Finance
Tags merchant cash advance company
Last Updated February 21, 2013