MerchantCashAdvanceGuide.ca Aids Business Owners With Understanding Merchant Cash Advances in Canada

    TORONTO, ON, September 27, 2012 /24-7PressRelease/ -- A free, comprehensive guide is now offered by MerchantCashAdvanceGuide.ca for business owners to have a better insight into the sometimes murky world of Merchant Cash Advances. The amount of funding provided through merchant cash advances has recently blossomed in Canada. By knowing what they are, how they work, and which companies in Canada are offering them operators can make better decisions about whether to use them and the implications.

Business owners that enter into financial agreements without fully understanding the details can put themselves in a bad situation. Often vital questions remain unasked and therefore unanswered. MerchantCashAdvanceguide.ca has been created in order for them to have a platform where they can get essential and useful information about securing merchant cash advances and receive unbiased advice.

Unlike other websites operated by private companies, MerchantCashAdvanceGuide.ca, aims to provide unbiased information in order to help business owners understand this unique loan alternative. The website is setup on MediaWiki (the same software as Wikipedia) software with the intention that it will be continually edited and improved by the community to better serve visitors.

With the economy experiencing a slow down, there has been a huge impact on small businesses. And because the banks have tightened their lending rules merchant cash advances have risen to become one of the most popular means for business owners in securing fast cash when cash flow becomes limited. The objective of the guide is to compel merchants to take a step backward for a minute and consider all factors before walking through the doors of merchant cash providers keen to fund their needs.

An excerpt from http://merchantcashadvanceguide.ca, explains, "The biggest disadvantage of a merchant cash advance over other types of financing is that of cost as they generally cost more than a bank loan or line of credit." This alternative must still be considered and treated as any other loan with benefits as well as drawbacks, and it is essential to know everything about it before giving in to the tempting offers of many companies. And this is where this guide comes in handy, providing detailed and accurate knowledge on how cash merchant advances work.

To get more free information on Merchant Cash Advances in Canada or contribute to the guide, go to http://merchantcashadvanceguide.ca/index.php/Main_Page.

# # #