The Business Cash Advance is similar to a small business loan in that your company will receive funding to use for various business needs and the cash will need to be repaid. However the differences are substantial. The Business Cash Advance is unsecured. You will not need to subject yourself or your company to the same scrutiny or investigation. You will not have to prove yourself or your plan. Cash advance businesses also do not demand an equity ownership share in the company and the company is free to use the cash advance in any they see fit unlike venture capital investment firms. The amount of money which can be advanced to your company will be based upon the cash flow from your monthly credit card sales charges.

Compare the Business Cash Advance to a Traditional Bank Loan
The approval rate for a business cash advance is almost 10 times higher than the approval rate for a traditional bank loan. This is due to the many barriers and the lengthy application process banks foster upon the applicant. Express Funding Group does not require your business to disclose all of its assets as with a traditional small business loan application.

With a traditional small business loan the lender may define a variety of events that will constitute a default on the loan, including failure to make any payment on time, bankruptcy, insolvency and breaches of any obligations in the loan documents. The common business bank loan will also likely insist on a clause that says in the event of any failure to pay on the loan, the borrower will reimburse the lender's fees and costs in enforcing or collecting on the loan.
Business cash advances are particularly useful to fund working capital requirements and are a good alternative to traditional bank loans for working capital, but should be considered for other capital needs, such as for purchases of land, plant or equipment, building renovation, advertising / marketing, expanding an existing business to another location, or developing an area or new idea within an existing business.
           
Obtaining a Business Cash Advance
In order to obtain a business cash advance from Express Funding Group your business will need to accept credit cards as a mode of payment. The business applicant will also need to process a minimum of $1,500.00 in credit card sales per month, and the business will need to have been running for at least 1 year. Express Funding Group is one of the few institutions prestigious enough to accept American Express receipts in addition to Visa, Master Card and Discover as the basis on which your Business Cash Advance is calculated. Seasonal businesses must provide 12 months of sales records; 3 months for non-seasonal businesses. Provided these easy conditions are met business owners can get money in as little as 10 days. There are no fixed payments, no upfront costs and no closing costs. Funding services will be made available throughout the life of the business to ensure it receives the funding it needs to grow and excel at every stage until the business is thriving profitably on its own and beyond.

Repayment of a Business Cash Advance
Business cash advances are repaid through credit card sales as they are processed through your merchant account. Other payments received through cash, check or other means are not used for repayment. There are no fixed payment schedules, and no due dates the cash advance gets repaid automatically! Working together with our merchant account system we will automatically deduct a small percentage of your monthly credit card sales - No late fees, no stamps, no hassles! Express Funding Group knows the best method to reduce risk is to give your business what it needs, and then stay out of the way. This allows you to focus on what you do best - your business – and eventually the debt disappears.