Best Bridge Capital

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Best Bridge Capital

Best Bridge Capital connects business owners with the capital required to grow the business. We provide an alternative option when the bank says 'No'.

FAQ:

1. What is Alternative Business Financing?
A. Alternative Financing is simply an option for business when a traditional funding isn’t available. Merchant loans and merchant cash advances for business growth when used properly can take a business to the next level.

2. Is a Merchant Cash Advance the same as a business loan?
A. These merchant cash advances are not loans—rather, they are a sale of a portion of future credit and/or debit card sales. Therefore, merchant cash advance are not bound by provincial or state laws.

3. What can my merchant advance be used for?
A. Almost Any purpose. Examples of ways that business owners have successfully invested their merchant cash advance money include:
- Advertising
- Store Expansion
- Equipment Repair
- Inventory
- Store Renovations
- Buying Out a Partner
- Consolidate
- Tax Arrears or Payment
- Emergency Situations
- Working Capital

4. How quickly can I receive funds?
A.Within 24 – 48 upon receipt of required documentation and signature.

5. Do I need to have perfect credit?
A. Credit plays a small role. Decisions are based primarily on business cash flow and no collateral is needed.

6. How do I make payments?
A.The repayment is automated by either a fixed daily ACH or an agreed upon percentage of your daily or weekly credit card transactions; also referred to as a Holdback or Retrieval Rate.

7. My business already has a merchant advance. Do I qualify?
A.Yes. Your current advance will be paid out from the proceeds to consolidate into a single payment. We do have 2nd MCA loan advances available for US based business only.

8. What are the preferred industries?
Automotive
Beauty Shops
Bookstores
Car Washes
Clothing Stores
Construction
Day Spas
Dental Practices
Entertainment
Fast Food
Florist Shops
Franchises
Gift Shops
Liquor Stores
Manufacturing Companies
Medical Practices
Veterinary Practices
Hair & Nail Salons
Pet Stores
Restaurants
Retails Businesses / Outlets
Seasonal Businesses
Self-Storage
Sporting Goods
Long Distance Trucking Businesses
Hotels & Motels
Dry Cleaning & Laundry Services
Optical Centers, Glassess & Contacts
Day Cares & Nurseries
And much more…

Note: Some industries may become temporarily restricted depending on market a/o region.

Contact Us today to see if your business qualifies for funding.

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Best Bridge Capital
2nd Floor, 5303 91st, , Edmonton, Alberta, T6E6E2, Canada
phone: 8777561119
HTTPS://www.bestbridgecapital.com
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Business loans - working capital broker - alternative lending