Remember high school? As soon as you set foot on the campus you were already looking forward to lunch, counting down the minutes and seconds until you would finally be able to eat and enjoy the company of your friends. You sat through Math, English and History but when the bell signifying the end of fourth period and the beginning of lunchtime finally rang, you realized you’d forgotten your lunch money on the kitchen counter at home. So you turned to your best friend, asked if you could borrow a couple of dollars for lunch, and without question she handed over two dollar bills after you promised you’d pay her back tomorrow.

Now, years have gone by, and you need more than just lunch money. You run your own business and you need a couple tens of thousands of dollars for a particular venture. But when you go to the bank you are hit with the reality that you are not in high school anymore and you are going to need more than just your promise to get the money you need for your business.

As borrowers, we rarely look at the other side of lending. All we know is that we need money for something very important and we can be trusted to repay the loan. But in reality, lending is a very risky business, and banks usually require borrowers to have excellent credit scores, collateral to offer, and sound business plans before approving a business loan of any amount.

So what is a business owner with less-than-perfect credit to do? You could give up all hope for your business, throw in the towel and return to working a 9 to 5 job, reporting to a supervisor everyday. Or you could hold on to your dream and get a bad credit business loan.

A business cash advance is a type of bad credit business loan that allows merchant business owners to attain money for their businesses even if their credit is not great. And unlike many other types of bad credit business loans, a borrower does not have to have any collateral to be eligible to receive a business cash advance.

When a business owner receives a business cash advance, he/she is selling his/her business’ future credit card receivables. The business owner receives an upfront sum, and following receipt of the loan, a small percentage of the business’ credit card sales is deducted and put towards the repayment of the business cash advance.

This payment system allows business cash advance payments to be lower when sales are lower and higher when sales are higher, working with the flow of your business rather than requiring you to make a fixed payment every month.

With a business cash advance, your business’ previous credit card sales history is most important, not your credit score, your personal financial statements or your assets. Use a bad credit business loan to finance your merchant business.