Business Loan

Business Financing: Alternative Financing For a Dry Cleaning Business

Do you own a dry cleaning business? 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 Dry Cleaning Business from GetFastCapital and Learn How Quickly and Easily You can Obtain the Business Financing You Need based on Your Future Credit Card Sales.

In today's financial market it is very difficult for a dry cleaning business to qualify for a tradition bank loan. Dry cleaning store owners usually have good personal credit. However, lenders cannot overlook the negative connotation associated with dry cleaners and potentially harmful environmental issues.

Financing Solutions For Your Dry Cleaning Business

Stop wasting your time by applying for bank loans and traditional business financing that will deny your application. If your dry cleaning business accepts Visa or Master Card you qualify for our merchant cash advance program. We use your greatest untapped asset, your future credit card sales, to qualify you for our program. If your dry cleaners processes at least $2,000 per month in credit card transactions, you are eligible for an unsecured business cash advance. An established business in existence for at least one year can qualify for a business cash advance of up to $500,000 per location.  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. This is an excellent way for your dry cleaning business to get the working capital you need fast and hassle free.

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?

Dry Cleaner 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 dry cleaning 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.

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