If you’ve read any content on the First American Merchant Blog or Website, you’ve seen us tout the fact the merchant cash advances are a lot more hassle-free than traditional bank loans. Not only is there less paperwork and turnaround time, but a higher chance of approval. This might lead you to wonder why banks won’t support small businesses. Sure, there’s more risk, but that usually pays off, doesn’t it? We’ve put together some information so that you can see further into banks’ reasoning when it comes to rejecting small business loans. Banks loan money so that they can profit […]

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