My friend and I started our own information technology services company a few months back and I’d like to tell you about our experiences. Starting and running your own business costs a lot of money and we had to struggle to find capital to set up our office and buy equipment we needed. Even though we already had customers lined up we still did not have initial capital to meet the demand.
Merit Capital Advance has broken away from traditional financial programs by offering us Small Business Loans immediately based on future credit card sales with MasterCard and Visa payments. There is no payment schedule which means that we can pay back the amount borrowed when customers make their payments. This makes a lot of sense and won’t send your business into debt until you can break even. If you think about it, this is the way all financial programs should work!