Business owners in Houston, TX understand the challenges facing them today, when trying to get funding from banks and similar lending institutions. In addition to the high requirements to access bank loans, many business owners do not want to place additional debt on the balance sheets. For business owners seeking the financing they need, with the flexibility they desire, First Lighthouse Capital offers merchant cash advances.
MCAs Offer Many Benefits To Houston, TX Entrepreneurs
Most traditional bank loans are designated for a specific use. Equipment loans are to be used for acquiring new machinery, tools, and vehicles. Real estate loans are for property acquisitions, and the list goes on. If loan money is used outside of its intended purpose, business owners can risk defaulting on the agreement. Merchant cash advances are not marked for any specific purpose, and can be used for virtually anything. MCAs from First Lighthouse Capital provide the working capital needed to accomplish a number of projects and tasks, such as:
- Restocking inventory
- Running marketing campaigns
- Upgrading equipment
- Paying suppliers and vendors
- Reducing debt
- Growing your business
Merchant Cash Advances Offer Flexibility
When Houston entrepreneurs take out bank loans, they find themselves locked into rigid payments schedules. Regardless of revenue, those payments must be made, which can often place an undue strain on cash flow. Merchant cash advances from First Lighthouse Capital offer the flexibility that Houston business owners demand. Instead of paying a monthly installment, merchant cash advances are repaid through a percentage from credit card transactions. This means MCAs get paid off a little at a time, without eating into revenue.
MCAs from First Lighthouse Capital do not place any debt on the balance sheets. This means Houston business owners can get the working capital they need while preserving their credit ratings. Business owners will also do not have to put up any collateral to access our merchant cash advances. Our MCAs keep your business on track and will keep things on track during light and heavy sales periods.
No Prepayment Fees
With bank loans, if business owners are in the position to pay off the balance and remove debt from the balance sheets, the bank unleashes prepayment penalties. With a merchant cash advance from First Lighthouse Capital, there are no prepayment penalties. We believe that Houston, TX entrepreneurs do not need to be burdened by unnecessary debt and prohibitive fees. Our MCAs are designed to help Houston area businesses thrive and grow.
Providing The Best Financing Solutions To Houston Businesses
First Lighthouse Capital offers the best merchant cash advances in Houston, TX. Our MCAs are easy to access, and be arranged quickly to keep your company on track. At First Lighthouse, our team of professionals will work directly with you to structure a solution that meets your business needs. Whether you are rolling out a new product, want to increase your inventory, or simply need working capital, a merchant cash advance from First Lighthouse Capital offers a powerful and versatile solution.