Entrepreneurs operating small businesses need capital to conduct their commercial operations. Without this money, all their activities may come to a standstill. This is the last thing these businessmen want. Traditionally, many of them opt to apply for commercial loans from banks. However, such funds aren’t always easy to obtain. Generally, lenders offering such funds impose very stringent approval process. Very few of these owners are able to meet such conditions. On top of this, the financiers insist they provide suitable assets as collateral. This is a tall order for many of them. This is why prominent financial experts suggest they should seriously consider applying for merchant cash advances.
Arnon Dror CT – Is it really worthwhile for entrepreneurs to apply for merchant cash advances?
Very few financial professionals can claim to achieve the same level of success as Arnon Dror. This expert has the set the benchmark in the global finance for others to follow. This Hebrew University MBA graduate has over 20 years of experience under his belt. During this period, he has been able to able to discharge the office of Vice-President. However, he has a distinction of occupying this position in more than one company. These organizations include Presstek Inc., US channel group, Kodak, Creo Inc., Scitex, and Creo Americas. The top management of these establishments credits him for converting their concern into profit-generating entities. They consider him to be the architect in implementing various internal reconstruction schemes. Many of them even acknowledge the fact that he specializes in many diverse areas. These include business negotiations, corporate mergers, international taxation, ERP integration, internal controls, and cash flow management.
The Arnon Dror CT team of professionals say availing merchant cash advances can work wonders for entrepreneurs. They point out the following 2 important benefits of taking such a step:
- Instant funds
Entrepreneurs who apply for merchant cash advance schemes get the money they need within a week. The lenders specializing in this mode of finance normally transfer the funds to their bank accounts. The proprietors can then withdraw whatever sum of money they require at their convenience. It’s a boon for those who need instant capital to conduct their commercial activities. This is not possible if they opt to take out a traditional bank loan for the same purpose. In most cases, these owners may have to wait for months. Only then do the official sanction their applications.
- No need to prove creditworthiness
Merchant cash advances are popular among entrepreneurs for a reason. Unlike traditional commercial loans or business credit cards, they don’t have to prove their creditworthiness. Even those who don’t have an impeccable credit score can apply for such funds. They just have to prove their organizations are generating adequate credit sales in the market. The lenders offering this mode of finance be willing to provide them the funds they need. This is a fact which they can’t afford to overlook.
The Arnon Dror Kodak team of specialists point out merchant cash advances are a necessity for entrepreneurs. The above 2 important advantages of this mode of finance prove this point beyond any doubt. They can get the funds they need without any hassle.