Short Term Business Loans - Finding Working Capital in a Restricted Economic Environment

There are several moments in the natural existence of a small business when merchant capital becomes a legitimate need to survive or to multiply. Whether the merchant requires cash to remain afloat or additional funding later in the existence of the business to expand and flourish, locating cash can be tough.

Short Term Business Loans can be attained from many different avenues. Family and friends, conventional bank loans, credit card advances and more, are all viable choices. However, for a entrepreneur that has established themselves in their business for at least 6 months, there is the option of acquiring funding from a merchant cash advance as well.

A lot of merchants come to find that utilizing the collateral of their future Visa-MasterCard transactions they can receive fast, solid financing. The main factor in getting this method of financing is a verification of credit card processing transactions using your monthly merchant statements. Surely, small business owners requiring these methods of financing are commonly very young in age, and therefore cannot qualify for a traditional bank loans. Fortunately, small business cash advances, those under $200,000 per business location, are readily available through various merchant account providers.

When a merchant receives money from these type of providers, the payment schedules are directly tied to credit card transactions as seen on a daily basis. That is a particular advantage in today's economic climate, as transactions one month can fluctuate immensely from sales in another month. An agreed upon percentage of receipts called the "daily capture" goes to paying off the balance rather than a set amount.

Another strength to money strapped small business owners is that short term business loans are commonly approved and the cash is readily available within a few business days. No conventional bank can review and approve a loan package that fast.

Since early 2008 Daniel Samoohi has helped 1000's of business owners in finding credible providers in order to compare offers for Business Loans. By making providers compete with each other, Daniel assists businesses in finding great deals for Business Loans.