As a business owner, you should bear in mind that working capital is essential to daily operations of every small business. Once you have sufficient funds on hand, you have the ability to hire more, produce more, take on more projects and pay less for supplies. A small business owner can use a working capital loan to expand their business …
A Comprehensive Guide to Merchant Cash Advance (MCA)
If an entrepreneur is in dire need of quick access of funds to meet a short term need for capital, he can leverage his credit card merchant account to get funds. Merchant cash advance is usually used as an alternative for the lengthy approval procedure and strict credit requirements needed to get a traditional term loan. Technically, a merchant cash …
Small Business Loans: Everything You Should Know Before Applying
Unless you’re already rich or your company is producing insanely high profits, you’ll probably need to get funding to start or grow your small business. Often, this means applying for a small business loan, finding an investor, or seeking out a merchant cash advance. Loans are often the first thing that come to mind for most small business owners, so …
A Quick Guide For Merchant Cash Advances For Restaurants
Do you own or want to start a restaurant? People love good food, and a lot of people love cooking. For many, owning a restaurant is the ultimate American dream. You get to own your own small business, and get to be in charge of your own destiny. Starting and running a restaurant, however, is no easy task. And running …
Why Do So Many Businesses Need Non-Traditional Lending?
“You have to spend money in order to make money.” This age old adage is pretty accurate when it comes to running a business. It’s hard to compete in a marketplace if you don’t invest in yourself. Even if you have a great product, or offer a great service, if you don’t build up your company, you’ll have a tough …
How Does Non-Bank Lending Work?
Is your business in need of a cash injection? Let’s be honest, running a business is neither cheap nor easy. Sometimes, even the best run business needs a bit of extra money, and the best way to get that money is often to take out a Business Loan. Yet finding investors or taking out loans can be long, arduous hassle. …
The Upside of Non-Bank Lending (the downside of Loans)
Businesses must constantly expand, upgrade their equipment and facilities, hire new staff, and engage in other business operations if they want to stay ahead in the market place. Of course, none of these things are cheap, and often small businesses find themselves strapped for cash. Even if your company or business is profitable, it can take a long time to …
A Liquidity Crunch Doesn’t Have to Be a Crisis
Many businesses find themselves pushed to the brink of closing down not because they were failing to sell their valuable services and products, but instead because they are suffering from a liquidity crunch. This means there’s simply not enough money in the accounts to stay afloat. Perhaps a big customer failed to pay a bill, or costs for necessary inputs …