Why Cash Advance from Mantis Funding is a Good Alternative to Bank Loans?
For a relatively small or medium-sized business, a traditional bank loan may not be the best option for you to consider meeting your financial requirements. This is especially true if you need funds to meet an urgent need. Very often, a dip in inventory or the breakdown of essential equipment cannot be ignored. In such cases, a Mantis Funding cash advance can come in handy.
Mantis Funding is a company that offers cash advances to business enterprises based on their monthly sales and income. This company is a well-known and established MCA lender in the market. Their cash advances can help businesses that are trying to expand, add more inventories, renovate their space, make repairs, or even just pay staff salaries.
Swift Application Process A bank or a traditional money lender has to follow a long-drawnout process once they receive an application for funding. As a business owner, you’ll need to submit lot of documents, which will then be thoroughly scrutinized by the bank. Next, your credit risk will be carefully assessed before they can confirm that you are eligible for a loan. This process may not work for a business that needs access to funds quickly, as it is lengthy and time-consuming. In some cases, it can take a few months to finally receive the funds if your application has been approved.
Mantis Funding handles the entire process for a cash advance swiftly and efficiently. They give businesses the benefit of receiving timely funds so they can grow and expand their business. Further, repayment options are flexible and customized for each applicant according to their monthly sales. This makes applying for a Mantis Funding cash advance a safe and convenient solution for business merchants.
Simplified Application Process The documents required to process an application for a cash advance is quite basic and won’t take much effort for you to put together. Your personal ID and business ID as well as contact details, are normal standard requirements, along with proof that the business has been generating income on a regular basis. You could provide credit card receipts for the last few months or bank statements for the same period. All the required fields in the application form will need to be filled in completely.
There may be fields requesting information about your business and your industry experience to assess eligibility. You will also need to mention the amount of financing that is required. If for some reason, additional information or documents are required, a representative from the company will contact you at the earliest. Once the application form and documents are submitted and approved, it takes from a day to a maximum of three working days for the amount to reach your business bank account.
Mantis Funding has proven to be a reliable lending firm and has been providing financial solutions that are optimal for a growing business. Get in touch with them for more details regarding their alternate funding solutions.
Contact Us Mantis Funding 225 Clematis Street, West Palm Beach, Fl 33401 Email: info@mantisfunding.com Phone: 877-494-1499