Extending new cash advances for small business owners

MONTREAL, Aug. 27, 2018 (GLOBE NEWSWIRE) -- Canadian Merchant Cash Advance is a small- and medium-business lending company that is looking to expand their lending offerings to more business owners. They offer what is called a merchant cash advance (MCA), which provides a much-needed influx of cash at reasonable rates to business owners for a wider range of projects or improvements. This recent push to extend lending is an effort to help expand the small business community by providing flexible terms, easy-to-understand application processes, and quick approval on cash advances of up to $50,000.

The company, founded in 2015, has quickly grown to be one of the most reputable and well-known MCA lenders in North America. What started out as a small lending operation aimed at providing small business owners with the liquid capital they need for improvements or repairs, has grown into an full-fledged lending institution that provides excellent terms on advances that can be used by business owners for a variety of purposes. The funds are often used for renovation, expansion, new equipment purchases, and more.

Many small- and medium-sized business owners have tons of ideas for ways they could expand their service offerings, improve their marketing efforts, or to add to their establishment in a way to attract new and repeat customers through their doors. The problem that most of them face is not having ready access to the cash it takes to make these things happen. Many cash advance lenders offer funds at ridiculous terms that make it prohibitive to small businesses. They lend at high rates or have stipulations on what can be done with the funds, limiting its utility and often trapping people in a spiral of debt servicing.

CMCA is the solution to this common problem, offering hassle-free lending at fair and reasonable terms that make repayment simple and easy. With no requirements on what the funds can and cannot be used for, a CMCA cash advance gives business owners the freedom to handle their business as they see fit. This allows business owners to focus on what they do best: providing high quality services to their client base and expanding their service offerings to meet the needs of those clients.