If your service or retail industry business is in the early phases and is still trying to grow, not having enough capital can be incredibly frustrating. What most businesses require at some stage of development is small business working capital, and due the demand-dependent nature of merchant businesses, cash-flow can be erratic at best. If you accept MasterCard and Visa payments from customers, you can obtain a cash advance on future receivables from reliable business cash advance providers. This is different to a personal loan which can easily be refused.

There are only minor requirements for you to be eligible for an advance as a means for obtaining small business working capital. Your restaurant or other service industry establishment must have been in operation for at least one year (this proves a degree of financial stability) and you need to have been receiving credit payments for at least five months. How the system works is that you are forwarded a cash advance on the money which you are set to receive due to MasterCard and Visa payments at a later date.

Getting approved for a business cash advance is a much quicker and easier process than getting a small business loan passed by a bank, and when time is of the essence you simply cannot afford to sit around waiting for the bank to finally get back to you, only to be told that your application was turned down. A service which approves roughly ninety percent of business cash advance applications can help you to get the capital you need to sort out those cash flow problems and start making a real profit. Approval is possible in just two days, as opposed to months.

When you borrow money from a bank, the general procedure involves you describing the intended use of the money. Banks may refuse loans based on the intended use; such as if capital is needed for debt consolidation (banks prefer to lend where there is money to be made), and this is not good enough for the average small business. Working capital has many uses, and what many banks' policy makers don't understand is that debt consolidation is an important step towards real profitability.

One of the great features of a business cash advance is that it will not take long to repay. When you borrow money from the bank, the expensive rates and lengthy processes involved can make it take years for you to pay the full amount off. This is inadequate for merchant business owners, who require a speedy solution which can be taken care of in a matter of months. When you obtain small business working capital in the form of a cash advance, repayment will generally take under a year.

You can obtain small business working capital which can be used for any purpose, and put money into the area which is most affecting the growth of your business. Whether you need to bolster your advertising to attract more customers, or need resources in order to fill your inventory, a business cash advance is the way to go.