Having trouble getting a small business loan of $200,000, $100,000, or maybe even $50,000? You’re not alone! Since the economic downturn, small business owners have had a difficult time convincing banks and credit unions to hand over cash to fund their growing enterprises, even in small amounts mentioned above. But without access to more capital, small businesses can’t grow. Without money, they can’t renovate their shops, upgrade equipment, or launch additional locations.

The fact is you need money to expand your business and make more money. But what if you have bad credit and can’t get approved for a traditional business loan? Or, what if you don’t want to take out a bank loan because of the many risks involved? The good news is there are other funding options. If you don’t qualify for a business working capital loan, or a traditional business loan through a bank, it’s time to consider a less-conventional funding option, such as a business cash advance.

Also called a merchant cash advance, a business cash advance is financing provided by a merchant cash advance company for small businesses that are unable to get money from banks and other traditional lending institutions to fund the expansion of their business. As a viable alternative to a small business loan, a business cash advance approval is based on the health of your business. What does this mean for the merchant? You can qualify to get cash even if you have bad credit, don’t provide business plans, or don’t provide financial and tax statements.

So what are the requirements for getting a business cash advance? Your small business must have the ability to accept credit cards and process at least $4,000 in MC and/or Visa sales each month. In addition, your business must be at least six months old. Instead of business assets as collateral, a business cash advance loan offers money based on future credit card sales. The benefits go on and on. Learn more about merchant cash advances by visiting BusinessCashAdvance.com.