Merchant Cash Advance For Women in Business

Taken from the E-zine article by Gaston Castro

In the United States, women are a very important part of the small business sector. According to the Center for Women's Business Research, as of 2006, there were an estimated 7.7 million firms that were 51 percent or more women-owned. The centers data also states that these businesses account for 29.7 percent of all businesses in the U.S. and generate over $1 trillion in annual sales, employing over 7 million people.

Women's small business ownership is also a growing part of American Society. "Between 1997 and 2006, the percent growth in the number of 51% or more women-owned firms was nearly twice that of all U.S. firms (42.3% vs. 23.3%). Employment among 51% or more women-owned firms grew 0.4%, and annual sales grew 4.4%," states the research center.

But as women's business ownership grows, so does the need for women to have adequate business financing. Just like all business owners, women have various sources of business financing available to them. These include small business loans, business lines of credit, angel investors, etc. But one seemingly effortless and innovative way for women to secure this financing is through the business cash advance.

Women are a prominent factor in all types of businesses including real estate, rental and leasing. But 83 percent of U.S. women-owned businesses are in retail trade and service, making women business owners the perfect candidates for business cash advances, as this particular form of business financing is especially designed for owners of retail and/or service-oriented businesses.

When it comes to getting a business cash advance, the most important aspect for determining the amount of money a small business receives, is the amount that the business processes in daily credit card sales.

An owner of a business that processes at least $5,000 in monthly credit card sales will most likely be eligible to receive a merchant cash advance. Once funds are received, repayments will be automatically deducted from the business's daily credit card sales.

Business cash advances are a fast and convenient form of business financing. Maybe your woman-owned business can benefit.

How to apply for a business cash advance?

Applying for a credit card cash advance is easy. There is very little paper work and you are typically approved within 48 hours. Let one of our credit card advance specialist get in touch with you today and receive a free, no-obligation quote! Fill out the form on the left or call (800) 277-1750 to speak with a specialist and get the cash you need in as little as 7 days.