With the reliance on vehicles, you would think American automotive repair shops are doing a booming business. Yes, the auto repair industry in the USA is going great guns but small auto repair stores are not having an easy time obtaining small business funds from banks and other traditional money lenders. Here’s how Cresthill Capital can help – by providing access to a merchant cash advance.

1. Benefits of Merchant Cash
Advance for Automotive
Repair Business

2. With the reliance on vehicles, you would think
American automotive repair shops are doing a
booming business. Yes, the auto repair industry in the
USA is going great guns but small auto repair stores
are not having an easy time obtaining small business
funds from banks and other traditional money lenders.
Here’s how Crest Hill Capital LLC can help – by
providing access to a merchant cash advance.

3. Drawbacks in Applying For
Funds from a Bank

4. Banks and other traditional money lenders generally
take into consideration the credit score of business
owners and require putting up collateral to approve
applications. Moreover, there’s a lot of procedural
paperwork that needs to be get done which can delay
the process of disbursal.
What do you do if you need extra capital urgently to
cover a cost like purchasing a new inventory of snow
tires that are available for a discount? You can avoid
these problems and others with a merchant cash
advance from Crest Hill Capital LLC.

5. Easier Process for Obtaining
Merchant Cash Advance

6. To get approval for a merchant cash advance, you will not
need to pull the history of your credit score. You will,
however, need to provide proof that your business is in
good health and your automotive repair shop has been
witnessing a steady stream of revenue for several months.
This is because, in the merchant cash advance system,
repayments are done from future receivables.
When funding gets approved, you get an upfront lump sum
that is deposited in your business bank account. In return,
you commit to paying a portion of future receivables and
applicable fees on agreed terms over time till the entire
amount is repaid.

7. Quick, No Strings Attached
Working Capital Funding

8. Cresthill Capital reviews every individual application
based on merits. You do not incur any cost for applying,
so what’s the harm in trying this solution? Usually, the
approval process for a merchant cash advance is quick.
You can get funding within a day if required. The
company has relationships with merchant cash
advance lenders and matches qualified customers with
appropriate lenders.

9. They make a proposal offer and if you agree to the
terms, the advanced amount is credited to your
business bank account. A merchant cash advance is
a minimum fuss solution where you are not asked
intrusive questions, your funding requests get
processed quickly and you have the freedom to use
the extra capital for any business-related activity.

10. Best Uses of Advance
Cresthill Capital advisors process funding requests
swiftly so that customers are not left in the lurch
when they’re in need of extra capital. Merchant
cash advances are available with flexible terms
and competitive offers.

11. You can use the extra funding to cover any operational
cost such as commissioning repairs of your tow truck,
purchasing new supplies or use it for business
development purposes such as sending mechanics for
advanced training, implementing a marketing campaign,
opening another branch at a new location, etc.
If taking a merchant cash advance makes sense to you,
provide some basic business details and fill out an
online application form!