May 15, 2009

Why choose Instant Merchant Advance?

Filed under: Business Loans, Credit Card Processing, Instant Business Cash — admin @ 11:08 pm

As with any other financial decision the more knowledge you have on the subject, the more informed decision you can make.

I’m sure you’ve found there are literally hundreds of different providers out there to choose from so how do you decide?

Let’s start with some facts. All Merchant Cash Providers will pull your credit as part of the underwriting process. If you do not fall into their underwriting criteria you will be turned down. What most people don’t know is that just like banks, different providers write business for certain credit types. If you apply with the wrong provider,  you very well could have ruined your chances of recieving an advance.

By this time you are probably asking yourself why this is. The reason is that most providers will not accept business from a merchant if they have been turned down within the previous 30-45 days by any other Merchant Cash Advance Provider.

At Instant Merchant Advance we represent multiple lenders that all review the application and credit bureau results on you. We can literally have a snapshot of your particular file reviewed by each of these lenders at the same time, and have multiple lenders come back to us with offers.

This is good for 2 reasons. 1.) You will never be turned down for going to the wrong lender, and 2.) we make sure that each merchant receives the best rates available at the time of the application.  We also have a good working relationship with each of our lenders to ensure that every applicant gets a thorough review to make the best underwriting decision possible.