Small businesses are by manifest micro-managed organizations that strive to do the most with the least, especially when it comes to cash reserves. Operating with little to no working capital feels like a harsh reality for a small business owner. Yet the actual reality is that not having access to working capital 24 hours a day can cripple the development of your business. The most intricate and detailed business plan and budget will fall victim to unexpected eventualities that will require capital to rectify. Finding a source for working capital can be difficult for small businesses. Banks are stringent and […]

Misconceptions abound regarding merchant cash advances in relation to small business loans. The two contrast one another drastically, and frequently not in the manner a small business owner might expect. Ultimately, small businesses will require a cash reserve or additional funding in order to maximize their growth potential and increase their profits. Small Business Loans Small business loans are offered by banking institutions and are available to small business owners seeking a new funding source. The complication for small businesses arise in the strict guidelines banks follow regarding credit scores and business documentation. Bank loans also feature complicated contracts that […]

Having a reserve of working capital is pivotal for a small business that’s just starting out. Unexpected expenses and unexpected opportunities crop up that may require financial wiggle room to help your business develop and grow. Particularly high-risk businesses demand a reserve source of funding. The question that often plagues small business owners is how to access means of additional funding. How can I get cash for my small business? Traditionally the common method for businesses to gain access to additional funding is through small business loans from banking institutions. However, in a credit-based economic system bad credit, or no […]

Small businesses that have managed to secure a merchant account now have services available to them that businesses that have yet to acquire a merchant account. One service that they have available is a Merchant Cash Advance, which allows them a cash advance without being forced to apply for a loan. Using an ach merchant cash advance, you can acquire money during the slow retail season and pay it back during peak season. What exactly is a Merchant Cash Advance? A business has the option of receiving a lump sum from a merchant cash provider, usually partnered with a credit […]