ARF Financial’s Unsecured Bank Loans Are Better For Your Business.
There is a fundamental reason why ARF Financial’s Unsecured Bank Loans are better for your business than Merchant Cash Advances. As shown in the diagrams below, an Unsecured Business Loan with fixed weekly payments allows you to keep the additional profit generated from your hard work. With a Merchant Cash Advance, the more successful you are, the faster the Cash Advance Provider gets paid. This escalates the interest rate you are paying, sometimes to astronomical heights.
Why an Unsecured Business Loan Works
Why a Cash Advance Doesn’t Work
Benefits of an ARF Financial Bank Loan
Transparency: In an ARF Financial Unsecured Business Loan the terms are transparent, usually spelled out on the first page of the Loan Agreement in great detail. In a Merchant Cash Advance the agreement fails to identify the actual rate of interest being paid, the term of the payback and the amount of the daily, weekly or monthly payment. The effective interest rate ends up being much higher than what it originally appeared to be.
Line of Credit: Business owners only want to borrow money when they need it. ARF Financial offers Lines of Credit to their clients, as well as many other financial products. Cash Advance providers don’t offer typical bank features like this, because their product is not a loan.
Ability to Pay Off Early: Unsecured Business Loans can be paid off early and business owners only pay interest for the time they keep the money. Not so with a Merchant Cash Advance. Business owners are forced to pay the entire balance with no discount.
Cash Flow: Most Unsecured Business Loans provide for 12 to 36 month terms, far longer than the majority of Merchant Cash Advances. With longer terms come lower payments and improved cash flow.
Higher Loan Amounts: In Unsecured Business Loans the loan amount is derived from a business’ total sales – cash plus credit card sales – not just credit card sales. That’s why loan amounts are typically higher in Unsecured Business Loans versus Merchant Cash Advances.
Professional Support: ARF Financial offers solid advice, counsel and support to help business owners thrive. Merchant Cash Advances are typically sold by independent sales organizations that are more concerned about pushing cash versus learning what the business truly needs.
Tax Benefits: The interest paid on an Unsecured Business Loan is an ordinary business expense and is tax deductible. Merchant Cash Advances represent future sales sold at a discount and have no clear tax benefit to the owner.
Quick & Easy: Both an Unsecured Business Loan and a Merchant Cash Advance can be funded within 7 to 10 business days.
Trust & Credibility: Trust and credibility are built over time, and owners agree they look for lenders with a minimum of 10 years of experience, with a proven track record. ARF Financial exceeds these criteria.
Why ARF Financial Is The Right Choice For Your Bottom Line.
Return on Investment
Yes, business owners reap the rewards (sales and profit) of their hard work with no impact on payment, rate or term.
Yes, all Unsecured Business Loans have transparent loan terms including detailed rate, term, total payback and payment amount.
Line of Credit
Yes, available to all borrowers who take less than their approved loan amount.
Ability to Pay Off Early
Yes, interest is charged only until paid off (not full amount).
Long Terms – 12 to 36 Months
Yes, cash flow is king. Offers longest terms with lowest payments in the industry.
Higher Loan Amounts
Yes, based upon a business’ total sales (cash and credit cards).
Professional Support (Personal Banker)
Yes, full time Senior Loan Officers provide advice, counsel and support to the business for growth and financing.
Yes, interest charged is an ordinary business expense and is tax deductible.
Payment Via ACH
Yes, fixed weekly payments are deducted from the business’s checking account, with no lockboxes or need to switch credit card processors.
Unsecured Bank Loan
ARF Financial goes the next step and actually posts cash collateral on the business owner’s behalf, to ensure they get the bank loan they deserve.
Quick and Easy
Preliminary approvals within 48 hours and funding within 3 to 5 days.
Trust and Credibility
ARF Financial has 16 years of lending experience, and partners with state chartered FDIC-insured community banks across the country.
Financing You Can Bank On
You owe it to your business to discover more about how ARF Financial can deliver the funding you need quickly. Find out how much you qualify for, using our loan calculator. Then fill out the quote form, or call 1-866-702-4430.