Tag Archives for business cash advance

A business cash advance is a type of lending based on future revenue. A cash advance is different to a business loan, because instead of having an outstanding loan amount, interest rate, and term, a cash advance effectively sells future sales to the lender at a discount.

Secrets On How To Get The Best Deal On Your Working Capital Loan

Working Capital Loan

Learn what the lenders don’t want you to know!    Are you currently looking for a working capital loan (also known as a “non-traditional business loan”)? If you’re speaking with several companies you’ll find out the quotes on rates and/or fees can drastically vary from company to company. You also might find out some companies will try and charge some sort of upfront fee, which is not necessary. These fees are sometimes disguised as a; Processing fee Application fee Underwriting Read More


Is There An Alternative For Small Businesses Financing

Is there Alternative Financing for Small Businesses?

Banks aren’t the only ones lending out money to small businesses If you already contacted your business banker, you might already be aware of the bank requirements if you want a working capital loan from them. Traditionally banks are looking for businesses that have a history of good credit from the business owners. If the business has multiple owners, and they own more than 20% share of the company, the bank will require those owners to be on the loan. Read More


Who’s The Right Business Cash Advance Lender For You?

Right Business Cash Advance Lender For You

With so many options, who do you pick? With the wide selection of business cash advance lenders in the marketplace today, it might be difficult to find the right one for you. They all might seem to be the same, but the reality is we are all different just like any other businesses within the same industry. Let’s first start with the different type of facilitators. You have your local bank or credit union; neither IS known for doing business Read More


Is Merchant Funding Right For You?

Merchant Funding

Tight on cash? We have a solution! Merchant funding, also known as business cash advance or merchant cash advance is a fast and simple way of obtaining working capital for your business. This type of financial tool is typically not viewed as a loan. You are selling your future credit card receivables at a discount for a set dollar amount. So as your customers pay with credit cards, there will be a small percentage of each transaction deducted to pay Read More


Crowdfunding – Business Cash Advance – SBA

Crowdfunding? Business Cash Advance? SBA?

Which type of business financing works for you? With the financial industry ever evolving, there becomes a wider range of options when looking for business loans. Your typical loan from your local bank or credit union is now competing with other types of financial sources.  In previous posts, we’ve discussed business cash advance, SBA loans, and merchant cash advance. But there’s so many other ways to fund your business, and I’m not talking about asking your family members. One unconventional Read More


How Is Your Daily Time Managed?

Small Business Owners Have Multiple Tasks Everyday As a small business owner you find yourself working long hours, and even long weeks. Every minute you can save throughout the day can result in more production for other tasks. A great way to make sure you accomplish all of your daily tasks is to create a “to-do” list the night before. As simple as it sounds, very few business owners use this method. By creating this daily task schedule, you are Read More


SBA Will Be Cutting Back On Giving Out Small Business Loans

Business Cash Advance

There will be 2,000 fewer small business loans issued by the SBA Congress has not come to an agreement yet, so the President will issue an order for the sequester to go into effect anytime before midnight tonight. Sequester is the U.S. government’s $85 billion dollar automatic spending cuts that was put into law by the Budget Control Act. Will the sequester have an impact on small business loans or SBA loans? You better believe it! It is said that Read More


How to Obtain Working Capital for your Business

Working Capital Loan

Are you finding it hard to get working capital for your business? The obvious solution is for the owner(s) to infuse funds into the company.  But if that’s not a viable solution, what else is there?  Of course using a credit card would be the fastest way, but is that credit card a business credit card or personal credit card?  Will the credit card company charge you additional fees if you take a cash advance?  Are there limitations to that Read More


How Does Merchant Funding Work?

Merchant Funding

Learn how merchant funding works: Are you a business owner who accepts credit cards as a form of payment?  Maybe merchant funding can help your business with the extra working capital it might need.  If you are strapped for cash and have found out that the banks aren’t lending to business owners as frequently, this is a great solution if you’re in need of cash for your business immediately.  Merchant funding also known as merchant cash advance is another type Read More


Business Cash Advance vs Small Business Loan

small business loan

What are the main differences between business cash advance and a small business loan? Let’s start off with what is a Business Cash Advance.  Business Cash Advance is also known as “merchant cash advance” or “merchant funding”, it is a tool used by businesses who currently is accepting credit card payments.  Your business will need to have historical credit card processing for this type of loan program. Typically small business loans are 50% less expensive than a business cash advance Read More