Securing a traditional business loan can be difficult. You’re required to fill out extensive paperwork, endure lengthy background and credit checks, and provide adequate collateral – and that still doesn’t guarantee you’ll be approved. If you need quick cash for your business with less documentation than a standard loan requires, a business cash advance (also known as a merchant cash advance) can help.

With a business cash advance, you sell a percentage of your business’s future credit card transactions to a provider. The provider reviews your credit card transaction history, and advances you cash based on your average monthly revenue. Then, they take an agreed-upon percentage of your future credit card receipts to repay the advance.

This type of short-term financing, also known as a business cash advance, doesn’t carry the same restrictions as a standard business loan, and with good reason – a business cash advance is not a loan, but rather a purchase and sale agreement. The provider buys the right to take money from your credit card transactions and sells those rights back to you for a fee.

Since this transaction is risky for the provider, you pay a steep premium for the money – as much as 40% of your total advance. But for businesses that don’t qualify for loans and need funds immediately, a business cash advance may be well worth the expense.

This BuyerZone Business Cash Advance Buyer’s Guide will explain:

• How to qualify for a business cash advance
• How the business cash advance process works
• Suggestions for finding reliable providers
• Typical pricing information

Once you review the information in this buyer’s guide, submit a free request for Business Cash Advance quotes to be matched with multiple cash advance providers.