MMN Financing for Small Business

1. Finding Suitable Funding Alternatives with MMN’s Merchant Cash Advances

2. Officially, the recession ended a few years back with the economy slowly coming out of the problems that had plagued it for some years, but now comes the Coronavirus pandemic, and we are back to square one. However, there is light at the end of this viral struggle and businesses are slowly restarting after a period of compulsory lockdown. One of the most difficult challenges facing many small business owners is the scarcity of business advances and other funding options.

3. Financial Crisis After the subprime mortgage economic crash 2007, banks and other financial institutions became very strict on cash advances, especially to small businesses, unless they met very strict guidelines, including providing substantial collateral and/or assets. Companies like Money Matters Now (MMN) have stepped in helping small and medium businesses who are struggling to get their ventures going because of a lack of funds. The main reason for most small businesses suffering is that customers have dropped and cash flow is tight, supplies and stock have to be bought and salaries for employees paid, aggravating an already tight situation.

4. Market Expertise & Knowledge Trying to get help in the form of money to tide over the difficult period from banks or financial institutions does not work, as banks have become extremely wary about lending to small businesses. Fortunately, small business owners can apply for MMN merchant cash advances which are more receptive when it comes to advancing merchant cash advances. With many years in this business, MMN has the expertise and knowledge of the market and have experienced financial consultants who know how the finance industry works and can guide the prospective client through the funding process.

5. Simple Procedural Steps The first step in obtaining MMN financing for small business is by registering your company on our online website and filling in the details as requested; next a financial expert is allotted to your case and he/she will guide you through the funding process; they will check your business records to see if there is a way to ensure that the funding will provide and fit your business profile; they will also conduct the verification process which may require financial documentation, bank statements, proof of identification, and also a business plan once the funds are in hand.

6. Repayment Schemes Once the documentation is verified and confirmed, the funds from MMN merchant cash advances should be in your bank account shortly for immediate use. During the course of the business plan discussion, repayment of the advance will also be discussed. This can be adjusted as per the business owner’s terms; it could be future debit/credit card sales, which could be on a daily or weekly basis, depending on what was agreed upon.