Small Business Funding in Chicago IL: Helping Drive Your Business

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Merchant Tree offers merchant cash advance and business financing solutions for small businesses in the greater Chicago IL area. While small businesses and start-ups across industries need access to capital in order to stay abreast of the competition and fund their growth, many such businesses find it difficult to obtain funding from a traditional business lender.

At Merchant Tree, we understand how critical obtaining small business funding or getting an influx of capital for your start-up can be to your business' continued success and growth. In response, we have teamed up with best-in-class funding institutions from across the country to enable our clients to gain access to the business cash advance that can fuel their growth without the onerous restrictions of traditional bank loans.

If you work specifically with retail, healthcare, restaurants, or any other line of business, ask about our Affiliate Program and get the marketing help and resources made specifically for your business needs.
  • Fast and Easy Online Application Form
  • Get Access to the Finances You Need Within a Minimum Time Period
  • Our Easy and Automated Capital Services Ensure a Simplified Repayment Process
  • Choose Payments Solutions Along with Powerful Tools to Help Your Business Grow
  • Countless Businesses Have Entrusted Us with Their Business Because We Deliver Every Time

Chicago IL's Leading Merchant Cash Advance Solutions

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Small Business Financing Without Complications

While many new and small businesses find themselves in need of funding at some point, obtaining a business loan from a traditional bank can be very difficult in the current economic climate. A small business owner will face a number of hurdles in applying for a business loan, from extensive paperwork to the lengthy approval process with low approval rates. Many business owners find themselves unable to obtain financing from traditional sources of capital.

Furthermore, even if you do qualify for a business loan, the high fixed monthly payments, required personal guarantees and collateral to secure the loan and the restrictions placed on the use of the funds can make traditional business loans unworkable for many small businesses and start-ups.

Merchant cash advances can offer an easy, quick and affordable alternative to traditional bank loans. The application process is streamlined and based primarily on your monthly credit card receivables, and approval rates are high with minimal credit requirements. The repayment process is flexible and tied to your sales volume, and the funds you receive through a merchant cash advance can be used for any needed business purpose. No personal guarantees or collateral pledges of your business or home are required, and you will remain eligible to qualify for alternative financing if needed. Moreover, unlike the high interest rates associated with a business loan or business line of credit, the cost of capital using a merchant cash advance is much lower.

How Merchant Cash Advances Work

Unlike traditional small business loans from a bank, merchant cash advances don't require set monthly payments. Instead, repayment is linked directly to the funds you receive monthly from your processed credit card payments. All repayments are automatically put toward any remaining balance until the entire cash advance is paid back. Because repayment is based on a small fixed percentage of these credit card receivables, you can more easily manage your business' cash flow in lean months. While the monthly fixed payment required by a traditional bank loan will stay the same in bad months as in good, the repayment on your merchant cash advance will keep in line with your monthly credit card revenue to make slower months easier to manage.

Gain Access to Working Capital

Whether you are looking to fund a business expansion, remodel your place of business, finance an emergency repair, purchase needed equipment or necessary inventory, cover an unexpected business tax bill or simply pay off high-interest business debt, a merchant cash advance could be the perfect solution for your business. The lack of limitations on the use of funds from a merchant cash advance also means that your working capital remains flexible and can be applied to alternate business uses if the need arises.

Merchant Tree has worked with clients in a variety of industries from retail to healthcare to hospitality, and we understand the funding needs of your unique business. Whatever your reason for needing access to working capital, Merchant Tree can help you secure a business cash advance quickly so that you can continue to grow your business.