What makes a merchant cash advance an attractive option for small business owners is that it has fewer requirements than traditional business loans. It’s generally easier to qualify for because lenders don’t typically require lengthy credit histories, collateral, or financial statements. Rather, lenders will look at the small business’s current sales and may review bank statements in order to determine the amount of funding available. Additionally, since the advance is repaid through a percentage of future sales, there’s no set payment schedule. This means that if business slows down, repayment amounts will be smaller until sales increase again. In this way, merchant cash advances are an excellent option for small businesses who may not yet have the financial strength to take on a traditional loan but still need funding.
Discover the Power of Accutrend’s Merchant Cash Advance Transactional Data:
- Unparalleled Targeting Flexibility
- Detailed Transaction Information
- Information on Both Sides of Transaction
- Access to Creditworthiness for Startups Businesses
- Streamlined B2B Marketing Information and Solutions
- Comprehensive Decision-making Contact Information
With Merchant Cash Advance Transactional Data (MCA) by ADC you can identify small active businesses who have applied for, been approved, and received a Merchant Cash Advance Loan. This will expand your reach to the decision-making contact of start-ups, small businesses, home based businesses, entrepreneurs and more. MCA Transactional Data provides key information as to loan amounts, transaction dates and times, and lender information. The key information will unlock the door to effective, efficient and successful marketing techniques.
KEY INFORMATION TO UNLOCK SUCCESSFUL MARKETING TECHNIQUES:
- APPLICANT NAME
- BUSINESS NAME
- BUSINESS ADDRESS
- PHONE NUMBER
- TRANSACTION DATE AND TIME
- LOAN AMOUNT
- LENDER INFORMATION
- BUSINESS REVENUE
- TIME IN BUSINESS
- AND MORE
Let’s walk through the journey exploring MCA Transactional Data together and discover the power of information that MCA Transactional Data provides.
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Accutrend is a privately held business solutions company that provides comprehensive business data solutions for companies across the globe.