Our funding options allow business owners to set maximum limitations based on their cash flow and gain access to additional funds even before their current positions are entirely paid off.
Because of the flexibility we provide, term loans and lines of credit are becoming a more popular alternative for business owners seeking funding.
Green Rhino Capital is delighted to discuss which funding choices are ideal for you, whether you need a higher dollar amount, longer terms, or to consolidate. Please contact us for additional information, or continue reading to learn more about how our funding options might benefit your company.
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A MCA is a funding option based on credit card sales placed in a business merchant account, rather than a loan. A business owner can apply for an MCA and have funds placed into his or her business checking account in as little as 24 hours following approval.
Unlike a banking or other lender, MCA providers assess risk and weight credit criteria differently. They examine daily credit card receipts to see if a company will be able to repay the advance on time.As a result, MCA rates can be substantially higher than other financing choices, therefore it’s vital that you understand the terms you’re being offered so you can decide whether or not an MCA is a good fit for your needs.
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