Alternative Funding For Construction Financing
In a variable real estate market, banks are more cautious in providing financing to all businesses in this industry, including construction business owners. As a construction business owner you simply need to look to a less conventional means of financing to get the cash you need to get the jobs you deserve. While each financing option has its advantages and disadvantages, the merchant cash option from Yellowstone Capital, LLC (YSC) could easily be the best option for several reasons.
At Yellowstone Capital, LLC (YSC), we offer a different financing deal than a construction loan in the form of a business cash advance. We will act quickly to review and approve your application for construction finance to get you the working capital that you need. Business owners who opt for financing using merchant cash advances avoid the stressful fixed monthly payments that come with traditional small business lending.
What Is a Construction Merchant Cash Advance?
With the demands of the construction industry, chances are that at some point your construction business will need quick cash to purchase new machinery or hire new staff to successfully bid for a job. Getting traditional construction loans for these, or in fact almost any other purposes, may be difficult and nearly impossible in today's economy.
At YSC, our merchant cash advance program offers a new perspective to getting the funding you need. In simple terms, a merchant cash advance is an advance that business owners receive against their future credit card sales. The advance is issued as a lump-sum payment and is paid off through a portion of your credit card sales each month.
The Approval Process
Qualifying for a construction cash advance is easy. There are basically two requirements: 1) your business must accept credit card transactions and 2) your business must have strong sales numbers. Unlike traditional bank construction loans, you do not have to go through an extensive application process and worry about putting up collateral or personal guarantees. In fact, at YSC, we do not even look at your credit history.
Once approved, you can use your construction loan for any part of your business. The money can be used for buying new equipment, increasing inventory, hiring new workers or putting up bond to bid for a new construction job. Basically, you can use the funds however you like to make your business grow.
For more information, call us at 1-855-YSCAPITAL or visit us online at http://www.yellowstonecap.com.
At Yellowstone Capital, LLC (YSC), we offer a different financing deal than a construction loan in the form of a business cash advance. We will act quickly to review and approve your application for construction finance to get you the working capital that you need. Business owners who opt for financing using merchant cash advances avoid the stressful fixed monthly payments that come with traditional small business lending.
What Is a Construction Merchant Cash Advance?
With the demands of the construction industry, chances are that at some point your construction business will need quick cash to purchase new machinery or hire new staff to successfully bid for a job. Getting traditional construction loans for these, or in fact almost any other purposes, may be difficult and nearly impossible in today's economy.
At YSC, our merchant cash advance program offers a new perspective to getting the funding you need. In simple terms, a merchant cash advance is an advance that business owners receive against their future credit card sales. The advance is issued as a lump-sum payment and is paid off through a portion of your credit card sales each month.
The Approval Process
Qualifying for a construction cash advance is easy. There are basically two requirements: 1) your business must accept credit card transactions and 2) your business must have strong sales numbers. Unlike traditional bank construction loans, you do not have to go through an extensive application process and worry about putting up collateral or personal guarantees. In fact, at YSC, we do not even look at your credit history.
Once approved, you can use your construction loan for any part of your business. The money can be used for buying new equipment, increasing inventory, hiring new workers or putting up bond to bid for a new construction job. Basically, you can use the funds however you like to make your business grow.
For more information, call us at 1-855-YSCAPITAL or visit us online at http://www.yellowstonecap.com.
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