Gear Up For Holiday Season Business with a Merchant Cash Advance Financing Solution

For most businesses in America, the holiday season is the time to push sales and revenues. To make the most of the days leading up to Christmas and the New Year, small businesses need to have enough cash flow and working capital to cover various expenses.

When banks are reluctant to sanction funds to small businesses, working capital funding companies like Mantis Funding step in to offer quick and convenient cash advances. Here are some ways you can use a cash advance to bolster business this holiday season.

Ensure Adequate Inventory

A business that is dependent on the holiday season for a significant number of sales needs to have enough inventory to meet consumer demand. Not having enough inventory for the crucial holiday season is just poor business planning. Customers may not be willing to wait for new inventory to arrive and will instead go to other vendors.

It simply leads to lost sales and deficient customer service. If the holiday season is a period to thrive for your business, consider a merchant cash advance to purchase additional inventory before the holiday season begins.

Provide Superior Customer Service

The holiday season is the best time to showcase outstanding customer service so that customers are encouraged to shop again. Smart business owners hire additional employees to handle the rush of customers. They also extend business operating hours to maximize customer service. To do this, business owners need to have additional funds to cover payroll obligations.

Conventional moneylenders such as banks may not be willing to fund for this purpose. For a working capital funding company like Mantis Funding, no advance amount is too small or too big. Moreover, they are not bothered by how you spend the cash advance as long as you have the means to repay from future receivables.

Launch an Advertising Campaign

Advertising is a great way to let consumers know what your business has on offer and how it stands apart from the competition. However, advertising does not come cheap. Whether it is a print ad, radio airtime or an online advertising campaign, you will have to spend money. Small business owners can use a merchant cash advance to meet this short-term funding need.

Mantis Funding reviews working capital funding applications quickly and provides eligible business owners with appropriate funding options. If a business owner agrees to the financing terms, the cash advance is swiftly credited into the business owner’s business bank account.

Quick and Simple Financing Solution

If a business owner has a poor personal credit score, banks may simply reject the application. Banks and other conventional money lenders usually take a long time for approval, so what do you do when you need funding immediately?

The experienced and professional staff at Mantis Funding reviews applications expeditiously and only ask for basic business documentation and business information to evaluate eligibility. Eligible customers can expect to receive funding within a few days and once they get it, they are free to implement their holiday season business plan.

Don’t make excuses this coming holiday season, make profits! Use the cash advance solution for working capital funding!

Mantis Funding Cash Advances

Mantis funding cash advances are meant primarily for small businesses whose income is generated through debit and credit card sales. They are made upfront and the repayment options are flexible and may be done as daily or weekly payments from your bank account as is agreed upon at the time of entering into a contract with the funding company.

As opposed to the requirements that ought to be met with in order to obtain a cash advance from traditional financing institutions, like current credit score, non-banking financial institutions make cash advancements on the basis of future revenue. The potential borrowers can take up their queries with the company as Mantis funding complaints.

Aimed at funding small businesses

Mantis funding cash advances are given to small businesses that need money to finance their expansion plans or other growth plans. Such cash advancements are on the basis of the revenue stream and business model and these factors are also taken into consideration in order to determine repayment plans.

The risks in running the business are also factored in while discussing repayment options and this is why they are often more flexible than the rigid repayment options offered by banks. Another factor that makes such funding preferable is the hassle-free application procedure, the immediate processing and transfer of funds and the provision of a platform to address Mantis funding complaints.

How does the repayment work?

Merchant cash advances given by capital funding companies do not require collateral like the traditional financing institutions and banks do. The company is equipped with teams of professionals that are experts in business and who interact with the potential borrowers to understand their needs and risks so as to arrive at repayment options that are specifically tailored for a particular business model.

The contract between the company and the borrower before the Mantis funding cash advance specifies the advance, payback and holdback amount as well as the terms of the advance. Thus, the borrower is given the full picture as to what he is getting into and the liabilities he might incur even before the transaction is done.

Funding- why is it required?

Obtaining merchant cash advances from a credit advancing company is suitable for a business enterprise if its credit score is not great but the business needs money quickly to take advantage of a business opportunity. The business owner has to understand that it is an advance against future payments from his business income. The funds are received quickly once the application is made and the repayment also starts immediately. Any delay in the process can be clarified by looking up for Mantis funding complaints.

Repayment is flexible and dependent on the volume of sales. Business owners should do their research so that they only deal with ethical companies such as the ones providing Mantis funding cash advance who can provide them with exclusive funding solutions. The clients can look up the history and the client relations of the company by approaching Mantis funding complaints.

Funding the backbone of the economy

Capital funding companies work with micro and small businesses to get them the ready cash they need. They know that small businesses face short-term challenges and frequently need small funds to bridge the gap. They work with small businesses because they are the backbone of the economy.

How Does Capital Funding Work?

Once the capital funding company providing Mantis funding cash advance reviews the request and approves it, then the cash is deposited within hours of signing the contracts. Prior to signing any contract, the borrower must make sure to look up the credibility of the company he/she wants to work with. For example, finding no Mantis funding complaints online gives one a really good idea of what type of customer service to expect.

Lifeline For Small Businesses

The good news for a small business is that anytime they are faced with a cash crunch that is time-sensitive, they can always turn to Mantis funding cash advance. When the funding company is contacted, they check the borrower’s eligibility for a Mantis funding cash advance by considering multiple aspects of the business.

Unlike banks, they are less concerned about the credit score and more concerned about the business model, the revenue stream and how the revenue generated is generally distributed. Their determination of risk is more concerned with the business owner, being able to pay back the funds based on the track record since the business opened.

Fortunately, they also fund new businesses that have been operating even for a year. The potential borrowers just have to make sure to look up any Mantis funding complaints to ensure that they familiarize themselves with the dispute settlement procedures adopted and their response to customer grievances in the past.

Criteria For The Advancement Of Funds

Firstly, for providing Mantis funding cash advance, the business model is reviewed closely. What it does is as important as how it does it. If one has a business that is viable and has a product or service that promises to be in demand, the business will have passed the first hurdle. Then comes a careful examination to see if the business model is viable. Secondly, the revenue stream of the business since inception is reviewed in light of the following questions- Did it grow?

Did it remain stable? Does it fluctuate from day to day or month to month and if so, what is the fluctuation like? All businesses have fluctuations in revenue but if they are wild fluctuations it could either affect the business in getting the required funds or the repayment terms they are offered.

And lastly, once the request is accepted and the contracts are signed, the business will have the needed funds in the respective account within hours. After that, if the borrower has any queries or complaints regarding the transaction, they can approach Mantis funding complaints to have their grievances addressed and solved instantly.