Merchant Cash Advances

High-Risk Businesses That Could Use Merchant Cash Advances

High-risk businesses are not handed out cash advances from conventional financial institutions because the uncertainty in business casts doubts on their ability to repay the money. However, Crest Hill Capital provides merchant cash advances to businesses irrespective of such uncertainty as the repayment of the cash advances is secured from portions of future sales.

Businesses with Poor Credit Scores

Companies with a bad credit score are considered high-risk businesses by cash advance providers. However, merchant cash advances from Crest Hill Capital Limited are based on the expected future sales of the business and not on the history of credit of the business.

Businesses that have No Credit History

Businesses that have no credit history are often turned down by cash providers as most cash advances are based on credit score. If you are seeking cash advance for the first time, merchant cash advance is the perfect solution for you as the statements of your previous sales are enough to estimate your expected future sales. It is on the basis of this estimation that you will receive a merchant cash advance.

Start-Ups Spell Uncertainty

Start-ups find a unique place in this list of “high-risk” businesses as far as cash providers are concerned. This is because, not only do they have no credit history, they also have absolutely no other statistic to demonstrate their capability to repay the cash advance. Crest Hill Capital understands that a start-up has just as many cash requirements as an established business would, if not, more so. You can easily avail a merchant cash advance from the company upon presenting your business model to help the company make an educated estimation of your future sales. Sounds too good to be true? All you have to do is read the Crest Hill Capital reviews by new businesses owners who have benefited from merchant cash advances provided by Crest Hill Capital to lay to rest your doubts.

Businesses in Risky Industries

Industries such as trucking, law, construction and multi-level marketing are very volatile. The success of businesses in these industries depends solely upon how each establishment performs. One cannot draw up a generalized set of parameters that would help judge the capability of each establishment to repay cash advances. Crest Hill Capital reviews reveal that the company does not show any discrimination towards businesses in these industries and provide cash advances solely on the basis of their expected future sales.

Businesses with Unsteady Revenue

Even if your business does not fall within any of the above categories, if your bank statements reveal unsteady revenue, you will be considered risky by most cash providers as this unsteadiness can affect your ability to make repayments. Crest Hill Capital assesses your past sales statements and an average of these statements help determine expected future sales. Therefore, even if the sales have not been steady across the months, the good months will make up for the slow seasons and help raise your average so you can obtain the required cash advance.