A secured business loan is what most people think of as a business loan. It works like this: You ask the bank for money, they ask for something as collateral, you put up something that is important to you or business.
Most of the time, this is fine. You make the payments and you keep your collateral. This falls apart a bit when the business hits a rough patch and suddenly an important piece of equipment belongs to the bank.
Image you are a truck driver and you used your truck as collateral. Or you are manufacturer and you used your key piece of equipment as collateral. If you can’t make the payments, you are out of business.
A Business Cash Advance is Different
Simply put, a business cash advance is loan against your future business. Since there is no collateral, you don’t need to worry about losing a key piece of your business.
A Capital Shift Group business cash advance is repaid not as a set payment amount, but as a percentage of your actual sales each month. This means that a slower month will give you a lower payment.
A typical bank loan sets the payment that you need to make and that is the amount every month.
Easy Application Process
There are three easy steps to go from application to money:
How is the Money Repaid
Simple. As long as you process $2000 worth of credit cards each month, Capital Shift Group will automatically withdraw a small percentage of your sales.
Take a few minutes to fill out the application and let Capital Shift Group help you with a loan, without jeopardizing a key piece of equipment.