Likewise, when some businesses do face challenges, such as facility improvements, inventory shortages, or simple slow-downs, they don’t know where to turn. They could seek out traditional loans, but feel uncertain that they can meet the terms and the timelines required.
Category: merchant cash funding
Merchant Cash Advances At A Glance
We are now halfway through the calendar year—and at the start of the fiscal year—which means many businesses are taking stock of their performance, and deciding how to best position themselves to come out of 2016 feeling successful and fiscally confident. For some, however, they are realizing they may need an injection of capital to stay on track. Perhaps they need immediate inventory, or now is the time for much-needed expansion or repairs
Understanding Merchant Account Cash Advances—Is One Right for Your Business?
Recently, we discussed some basic points that every potential new business owner needs to consider during their brainstorming and planning processes. One of those key tips was to learn how their merchant accounts factor into their operations. As you know, your merchant account is what gives your business the ability to accept and processes payments, like checks and credit cards.
Merchant Cash Advances Help Businesses Take the Leap Toward Growth and Expansion
The leap—that magical moment when a small business is ready to take operations to the next level. The logistics of expansion present many challenges. In fact, a popular TV show highlights small businesses gaining investments from corporate gurus, and the effects that come from sudden success. The outcomes often describe the dilemmas that come from major expansions, like crashing sites, lack of inventory, or poor planning. How do you know if you have enough inventory, capital, or adequate financial planning to support your expansion plans?
What You Need to Know About Merchant Cash Advances
Owning a small business can be an incredible challenge, particularly when it comes to managing the financial aspects of your business and your aspirations for growth. Unfortunately, gaining financing for a new small business is often very difficult. If you haven’t owned your business for at least 2 years and don’t have collateral to put up, you are unlikely to convince a bank to extend a traditional business loan. A small business working capital advance offers you the opportunity to borrow additional operating funds against your future receipts without many of the strict requirements of traditional loan products.
