Businesses large and small have been hit hard by covid-19. According to the U.S. Bureau of Labor Statistics, as a result of the 2020 pandemic, 56% of establishments in the United States experienced a decline in the demand for their goods and services. With less business comes less cash flow and, in some cases, a decrease in payroll: during the pandemic, 52% of establishments in the United States told employees not to come into work, and 11% reduced their employees’ hours and wages
Merritt Business Solutions now offers a Client Credit Line specifically catered towards your business. Its goal: to ensure that the needs of both the company and its workers are met.
How Does Merritt Business Solutions Client Credit Line Work?
Merritt Business Solutions is excited to release a new service offering called the Merritt Business Solutions Client Credit Line. The Merritt Business Solutions Credit Line provides our valued clients with a unique opportunity to obtain a flexible loan whenever you need it which can be repaid immediately or over time which can be used for any business need.
Some of the reasons you may want to take the Client Credit Line out for include:
● Paying payroll
● Restarting and/or growing your business after covid-19
● Buying supplies or inventory
● Hiring additional resources
● Paying and/or consolidating debt you may have built up over the course of the
● Purchasing new equipment
What Does It Cost?
In general, companies who apply for this unsecured loan receive anywhere from $15,000-$150,000, depending on the size of the business and the necessity of the loan. Once you acquire the credit line, you have access to it for a full year.
The Client Credit Line offers flexible term options. You can pay the loan back right away or take a week, a few weeks, or even a few months. When you’re ready, you pay back what you owe, in addition to a small amount of interest that’s based on the amount of time you need to take to repay it.
How Can You Apply?
The application process is easy. You only need to provide some financial statements
and then participate in a phone interview. That’s it! No lengthy application, no credit
checks, no money down. To prequalify, click here.
Don’t Skip Payroll: Apply For A Client Credit Line
The Merritt Business Solutions Client Credit Line provides a fast, easy, short-term solution to your business’s most desperate need, whether it’s making payroll, paying off previous debt, or stocking new inventory. If you’re struggling to get your business a success again in the post-pandemic economy, rather than let it die for lack of quick
cash flow, apply for this short-term loan, and reap the long-term benefits.