Weigh Your Options When Deciding on Financial Products
Nowadays, financial products are a dime a dozen, with companies whose primary business does not include financial products are now offering financial services. Take Google, Walmart and Office Depot, for example. These brands are household names. They are, however, not known for their expertise in financial services, but they have started to venture into microloans […]
Read moreMerchant Cash Advance: Questions Before You Apply
The financial crisis that swept the entire country in 2008 prompted banks and other financial institutions to implement tighter lending controls. This was the impetus behind merchant cash advances gaining increasing popularity among business owners. This type of business financing is an excellent alternative to business loans as it provides businesses that would otherwise have […]
Read moreWhat a Merchant Cash Advance Will Cost Your Business
Merchant cash advance providers offer fast access to funds for small business owners, often at a 30 percent premium, in return for a portion of future sales until the advance plus premium are paid off. The industry carefully distinguishes this financial product from loans; thus, loan regulations do not apply. However, financial advisors generally suggest […]
Read moreGetting Approved For A Merchant Cash Advance
A merchant cash advance lets businesses sell future credit and/or debit card sales for “cash now.” Retail, restaurant and service companies are at the forefront of merchant cash advance loans. It has been around for over a decade but it wasn’t until recently that merchant cash advance gained incredible popularity. In 2007, the merchant cash […]
Read moreWhy a Merchant Cash Advance is Better Than a Bank Loan
Applying for a traditional bank loan today is a very difficult process and because credit is so tight in this difficult economy your application often results in a denial. Even if you are approved it is a lengthy process and the repayment terms can be extremely inflexible. A merchant cash advance is an alternative financing […]
Read moreExpanding Your Restaurant With A Merchant Cash Advance
There is no better time than the present to expand your restaurant. The economy is puttering along and there are serious deals available on mortgages and rental space, equipment and machinery, even silverware can be had at a really good price. Contractors are willing to take less just to keep working. There are business funding […]
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