7
2009
Quiz: Is a Business Cash Advance Best for Me?
An article by admin 
If you’re looking for cash for your business to expand, renovate or advertise, or if you simply need working capital, you’re probably researching and internally debating on which funding method is the most practical for you and your business.
This quiz will help you with that process. So get out a paper and a pencil and get ready to find out if the business cash advance is the best business funding option for you.
1. I own a merchant business (a business that sells products and/or services).
a. True
b. False
*If you answered B, stop here. Business owners must run merchant businesses to qualify for a business cash advance.
2. My business accepts…
a. Cash only
b. Cash and checks only
c. Cash, checks and credit/debit cards
d. Credit/debit only
*If you answered A or B, stop here. The business cash advance is repaid through a business’s future credit card sales. If you are interested in accepting credit cards, contact us and we may be able to set you up with processing.
3. My credit score is…
a. Perfect
b. Excellent
c. Good
d. Fair
e. Poor
4. I have collateral.
a. True
b. False
*If you answered B,C,D or E to question 3 and B to question 4, continue on.
**If you answered A to questions 3 and 4, continue on. You may qualify to receive our premium rates. You may also consider a bank loan. However, if you are not interested in a bank loan or you already have a bank loan and you are looking for additional business funds contact us and we will assist you.
5. I have unresolved bankruptcies.
a. True
b. False
*If you answered A, stop here. Merchants with unresolved bankruptcies will not be eligible for a business cash advance.
