Business Loan

Business Financing: Alternative Financing For Cell Phone Stores

Do you own a cell phone or wireless communications store? Are you in need of financing or a loan in order to maintain and grow your business?

If the Answer is YES, Consider Applying for a Merchant Cash Advance for your Automotive Business from GetFastCapital and Learn How Quickly and Easily You can Obtain the Business Financing you Need Based on Your Future Credit Card Sales.

Cellular stores are routinely turned down by banks and conventional lending sources for business financing. Traditional lenders do not like to provide small business loans to cellular store establishments due to their low margins. As a result many wireless store owners cannot access the working capital they need to grow their business regardless of their credit.

Financing Solutions For Your Cellular Store Business

Stop wasting your time by applying for bank loans and traditional business financing that will deny your application. If your cellular store business accepts Visa or Master Card you qualify for our cellular store business cash advance program. We use your greatest business asset, your future credit card sales, to qualify you for our program. With our business cash advance program, GetFastCapital will purchase a percentage of your future credit card sales for cash upfront today. The payback process is simple, as transactions come in, we get paid back with a small fixed percentage of your daily credit card sales. There is no personal guarantee involved and you will be able to pay it back without affecting your daily cash flow. It is totally flexible, unlike a bank loan; we get paid when you get paid.

How Do Merchant Cash Advances Differ From Business Loans?

Merchant cash advances based on a merchant’s future credit card transactions. Unlike traditional loan programs, a cash advance is unsecured, which means it does not require collateral or a personal guarantee. The program is available to cellular store owners regardless of their credit history. A high credit score is not required to be approved because a merchant cash advance is based on future credit card receivables. Unlike loans, applying for a merchant cash advance takes literally minutes and approval is typically done within 24 hours.

What Can Merchant Cash Advances be Used For?

Wireless store owners can use their funding from their cash advances for anything they wish. Unlike financing options offered to businesses through banks and private lenders, we do not require a plan for the funding and we do not require that it be used for any specific purposes. Most businesses use their cash advance for expansion, renovations, payroll, equipment, or general business cash flow. However, there are no restrictions to how you use the money; you are able to use it for anything your business needs. Common uses of cash advances are:

Remodeling or expansion of the business

Increase in cash flow for payroll and other needs

Purchase business equipment, inventory and supplies

Lower priced bulk inventory purchases from suppliers

Qualifying for our Merchant Cash Advance program is simple. For your Cellular store business to be eligible for our unsecured cash advance you must:

Accept Visa or Master Card as a method of payment.

Have minimum credit and debit card sales of $2,000 per month.

Be current with your lease.

>> Apply Now