Business Cash Advance is another way that some people may refer to a merchant cash advance. Working capital or cash is given to businesses when they need it, based on the selling of their future credit card receivables. A business sell’s their future credit card sales to Prime Commercial Lending for a lump sum of working capital in return to use on other operating expenses.
What can be financed using a Business Cash Advance?
- Customer Acquisition costs
- Expansion of sales & marketing efforts
- Geographic expansion
- New product launch or development
- Franchise expansion
See all of Prime Commercial Lending’s Merchant Cash Advance program details and highlights here.