Mantis Funding Cash Advance
How to Get Quick Access to Funds for Your Business
Applying for a merchant cash advance from Mantis Funding is the easiest way for you to get extra funding and working capital to manage your business. You can do this quite easily by following a few simple steps.
How does cash advance help?
The advantage of a Mantis Funding cash advance is that the application and review process is efficient and quick. Further, approval rates are high when compared to bank loan approvals, and the funds will be deposited into your account within a matter of days. Apart from this, you can also enjoy the benefit of flexible repayment options that are tailored to suit your business model and future growth plans. When applying for funds, your credit score will not influence the approval process. These factors make it a great choice for entrepreneurs who have immediate funding requirements for their business.
What is the process to receive a cash advance?
The team at Mantis Funding will carefully take into consideration every completed application that is submitted. Once you get in touch with the company, a representative will contact you to find out more about your business and your funding requirements. Next, you’ll have to fill up the application form and submit the required documents. Your application will then go into the approval stage. If all the documents are in order and if you meet the necessary eligibility criteria, you will receive the requested Mantis Funding cash advance into your bank account within a day or two.
Who should apply for a cash advance?
Small or medium businesses that need immediate funds to address urgent requirements should apply for a cash advance. You may need additional funds to buy new inventory or to upgrade critical equipment that is essential to the day-to-day operations of your business. Quick access to funds can help you get needed resources, increase monthly sales and profits and grow your business in the long run.
Having a low credit score may disqualify a business from getting a bank loan. If you’re in this position, then your best option would be to apply for a cash advance from an MCA lender as they don’t regard credit scores to provide funding. They will be more interested in identifying whether you have consistent sales and regular card transactions.
Those who are unwilling or not able to provide collateral. Placing your personal or business assets as collateral is always a risk as you can never predict the future. If for some reason, you are unable to pay back the bank for money borrowed, they will have every right to seize your collateral. On the other hand, a merchant cash advance does not require collateral.
A cash advance from Mantis Funding can be repaid based on an agreed percentage of future sale transactions made by your business. You can contact the company for any queries and to understand the process better. Their funding solutions will easily address your current financial need.