+1 (888) 963-6130
The time of the traditional bank loan has come and gone. Alternative small business lending resources provide business owners with easily accessible capital without drowning them in a mountain of paperwork and making them wait months for a loan decision.
Restaurant Sales Following Earlier Predictions, and the Results are Promising
Restaurant sales are on the rise, and it’s time for your restaurant to embrace this trend immediately. The economy cannot do this on its own, though, and there are things you, as a restaurant owner, can do to continually boost sales. However, new business models require funding, and a capital advance could be the solution you need.
Not All Businesses Qualify for a Merchant Cash Advance
While your chances of obtaining a merchant advance are far greater than securing a small business loan, there still is the possibility of rejection. A merchant cash advance isn’t for every business. Here’s some advice you can follow to help make sure your small business qualifies.
Small Businesses Adding Jobs as Economy Strengthens: Time to Consider a Merchant Capital Advance?
U.S. job growth showed strong, positive signs as 2013 drew to a close, indicating that small business owners are more confident in economic recovery. Is your small business prepared financially for growth in 2014? Will you be able to add jobs along with the rest of the small business service sector?
Serve Up a Great Meal and a Strong Financial Plan
In September 2013, QSR wrote, “in the quick-service industry, the path to success is straightforward: offering good-tasting, quality food prepared quickly in a clean and courteous environment.” That seems clear enough; quick-service and fast-casual restaurants got into business with this objective at the top of their lists.
Government Shutdown Means Access to SBA Loans Limited
When the Federal government shut down on October 1, 2013, “non-essential federal employees” were furloughed—meaning they could not go in to work. And while many Americans don’t necessarily feel that effect on a day-to-day basis, small business owners who were considering SBA loans will definitely see the impact.
Number of Small Business Loans Goes Up, Value of Small Business Loans Goes Down
Still feeling the squeeze with the big banks? Your business is not alone. Although the overall number of small business loans issued has grown, the amounts of these small business loans have shrunk. The good news is that small business owners are finding alternative lending sources.
At Last, The Economy Is Recovering, But Small Business Financing Is Still Hard To Find
Still finding it difficult to get your business approved for a bank loan? You’re not alone. Here is an alternative source of funding when the big banks say “No”.
Merchant Cash Advance – Understanding Repayment.
There’s a lot of press out there about merchant cash advances – both good and bad. One of the biggest factors that may determine if a merchant cash advance is good for your business is being educated about the product. There are many types or merchant cash advances with slightly different features. As a business owner, you need to understand … Read More
Good Business Investments For A Merchant Cash Advance.
A merchant cash advance is an excellent alternative funding source to add to your current mix of loans, lines of credits, credit cards and personal financing. Businesses like them because of the simplicity in securing capital. Capital advance providers typically don’t ask for a business plan, and they usually do not require collateral. Your credit score does not have to … Read More