Badcreditbusinessloans.Com Now Offers Merchant Cash Advance Services for Savvy Business Owners

New York, November 24, 2014 (Newswire.com) - Small businesses employ more than 54 million people across the nation and are responsible for 39% of our gross national product. 44% of all sales in the country can be attributed to small businesses – meaning that a big part of the core strength of our national economy can be tied to the health and welfare of our small businesses. Many of these companies were founded by individuals who saw a way to extend their passions into a business model. Those who liked working on cars soon opened auto shops, while the creative and artistic individuals launched businesses like group painting boutiques and pottery shops. The passion that these individuals have for their companies is inspiring, and each owner should have access to an affordable and reliable source of small business funding. After all, nearly 90% of small businesses utilize capital funding solutions at some point in their lifespan, so the need is there. To help support small business owners across the nation, a new entrant into the world of small business financing has emerged - Badcreditbusinessloans.com (BCBL).

BCBL offers small business owners the ability to access capital quickly – without the frustrating red tape that accompanies a traditional small business loan application. Their merchant cash advance (MCA) program is a tested model that is ideal for a wide range of business – mainly due to its low-cost daily debit payment system, the rapid funding timeframe, and the incredibly high approval rates. Most companies will qualify, and the business owner’s personal or business credit is typically not a factor. This means that those with challenged credit will finally have access to needed business capital, without having to resort to risky short-term loans or taking on excessive personal debt.

The MCA program is often considered superior to both traditional small business loans and the more recently-emerging crowdfunded business loans. First, traditional business loans generally offer far lower approval rates than an MCA program. This is due in part to many of the archaic underwriting guidelines that banks and credit unions impose, as well as to the intervention and oversight of the small business administration (SBA). This organization is quite intolerant of a business owner’s credit challenges, as well as companies that operate within industries that the SBA deems as “restricted.” When you contrast the MCA program to crowdfunded loans, many see that the MCA is a better fit due to the quick turnaround time, the affordable payments, and the fact that you don’t have to hope that a large pool of investors is willing to take a risk on your business. Plus, some companies that use crowdfunded loans in exchange for equity in their businesses may not be able to access additional funds in the future when the expansion of the business mandates it. The MCA program as offered by Badcreditbusinessloans.com is a terrific alternative for the majority of businesses today.

About Badcreditbusinessloans.com (BCBL): Founded in response to a lack of reputable and reliable sources for small business capital in the marketplace today, BCBL offers merchant cash advance services for businesses that operate within the entire spectrum of the business cycle. The company focuses on a transparent and honest operation – with an emphasis on crafting custom solutions for businesses as diverse as beauty salons, manufacturing companies, automotive repair shops, and restaurants. More than 250,000 customers have received a total of $500 million in small business funding thus far, and the company plans to make inroads into small businesses across the entire U.S.