Getting a Loan Through Your Merchant Services or Credit Card Processing Service
If you need more cash at hand, you may want to consider turning to your merchant services account rather than to your bank. Many credit card processing companies offer something known as a "merchant cash advance." These merchant cash advances can have some benefits over traditional loans.
What Is a Merchant Cash Advance?
In a merchant cash advance, your credit card processor essentially gives you a portion of your future sales right away.