The Different Aspects of a Cash Advance
As a business owner, you will come across times when you require additional funding and fast. It can become extremely difficult to secure an advance for an immediate need. This is due to the fact that traditional banking calls for collateral and lengthy paper work. At such times, you could look at Crest Hill Capital to fulfill your immediate expectations.
It offers several advantages including faster access to finance and flexible payment options. Moreover, you won’t need to provide collateral to complete the process. Following are the ways Crest Hill Capital works to make funding an easier option for you.
Advance Against Invoices During the holiday season and other special days of the year, businesses are more likely to require funds to stock up on inventory and/or carry out their promotional plans. After all, this is the time when businesses make most of their profit and it is not something that you would want to pass by just because you don’t have enough funds.
Cash advances from Crest Hill Capital are a great way to give a boost to your ambitions. As your customers are more likely to place orders in advance with payments promised for a later date, you will be raising invoices. These invoices could be put to good use to apply for a cash advance. The way it works is that the lender collects payments when these invoices get realized. You can even get up to 90 days to repay your cash advance which can fit in nicely in such a scenario.
Borrowing Against A Line of Credit If you foresee your business to be in need of funds regularly for a period of time, you could apply for a line of credit with Crest Hill Capital. The way this works is that your business will receive approval for a set amount of funds which need not be taken at one go. Instead, you can ask to release a portion of the approved amount to take care of your present need.
The interest that you pay will also be applicable to the amount you have received and not the entire approved amount. Subsequently, as you make your payments one by one, your line of credit gets topped up which you can request your lender to make it available once again for borrowing in the future.
No matter what your needs and aspirations are, Crest Hill Capital can help you to accomplish them in an easyto-follow process and one that suits your business.
Contact Us CREST HILL CAPITAL LLC Phone 800-828-0452 Fax: 212-743-0622 225 Clematis Street, West Palm Beach, FL 33401 Website: https://www.cresthillcapital.com/