Any business that wishes to obtain funding for expansion or tackling unexpected challenges can have a hard time deciding on which course of action is the best. In the present age, there are lots of options that are available to business owners. And it appears that small businesses even have a more extensive range of…
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Growth and expansion form part of the overall objectives of all businesses whether big or small. And for about 80 percent of small businesses, obtaining financing is about the only way they can meet up with the demand for growth and expansion. Because businesses might often need to tap into businesses opportunities that could arise…
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Merchant cash advance lenders have proven over the years to be a viable alternative for a significant number of small businesses because they provide funding that might not be available through other channels. Because merchant finance is regarded as a factoring product, in which a small business sells its future receivables at a discounted price…
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Merchant lending has had a tremendous impact on the small business lending sector. In the last couple of years, the reliance on commercial banks as a source of small business financing has continued to wane. At the moment, billions of dollars have been spent in assisting small businesses. The number of businesses that have benefited…
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There is virtually no aspect of modern life that has not been impacted by technology. It is the same in business as it was in the communication sector. One aspect of the business which has been transformed by technology is that of lending. Today, non-traditional lenders such as merchant cash advance providers offering merchant advance…
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Small businesses often require funding from external sources at several points in time to grow and expand. External funding could also be required to just keep the business afloat perhaps through purchasing of inventory, paying of workers, and purchasing of equipment. Whatever the reason might be small businesses, in particular, will always be in need…
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The situation in the lending industry is such that business owners have so skeptical about seeking out loans and other forms of financial assistance. It has been reported that some 16 percent of small business owners that were in need of funding did not bother contacting lending institutions simply because of the fear of being…
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Small businesses are not often able to come with funds required for important business activities without resorting to lenders of all sorts of financial assistance in the form of loans. Obtaining business funding is not as simple as it might appear to someone who is outside of the business domain. Indeed finding a good source…
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Loans and advances are said to be beneficial for startups and small businesses, as they provide them with an extra infusion of cash to increase businesses’ working capital. Companies turn their attention towards financing to meet day to day expenses or cover unexpected ones efficiently. This is one of the primary reasons you should look…
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It has been found that more than 80 percent of small businesses rely on external funding to finance major projects. This is because a good number of small businesses are often unable to generate the funds needed for business activities from within the business. This is precisely why there have emerged a vast variety of…
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