Does your business need funds quickly? Are you wondering what a merchant loan has to offer? If you’re considering whether to apply for traditional lending or an alternative, the following list of merchant loan benefits will help you decide what is right for your business. 1.      Get the Cash You Need Fast With a traditional lender, you could wait weeks or even months to find out if you qualify for funding. By then, your business could miss a great opportunity, or worse, find itself in a bad cash flow situation. Before you even apply for a merchant loan, […]

Where’s the cash? Where do I get cash? These questions are all too common in the construction industry. Even profitable construction companies can find themselves in a tight cash flow situation. For years, cash flow management has been a huge contributor to the number of insolvencies in the industry. If you have been operating in the construction industry for even a short amount of time, you probably already know how much cash is required to start a significant project. To be successful, you have to know what the cash flow impact will be from that new project. How much investment […]

Are you one of the many business owners that want to offer a financing option for their tire shop customers? If so, you’re not the only one. One of the biggest requests from tire shop owners is for merchant providers to offer some sort of financing program for their customers. For First American Merchant, one of the most requested from our merchant base was a “90 days same as cash” program for customers. Why Offer Tire Shop Financing? Dependable tires are a must. If you want to keep you car running safely on the road, you need to have good […]

From the very beginning, cannabis merchants have been unable to secure payment processing from traditional sources. Unwilling to work with the risks associated with marijuana businesses, banks turn these merchants away. To secure marijuana dispensary funding, these businesses began turning to alternative providers like First American Merchant. According to recent federal data, the number of banks that are willing to work with marijuana businesses is steadily climbing, despite the Department of Justice revoking protections for state cannabis laws. Immediately following U.S. Attorney General Jeff Session’s decision (this January) to revoke Obama-era Justice Department guidance, which protected state marijuana laws, the […]

Unfavorable working conditions like old trucks and unforgiving driving schedules scared away truck drivers, and now the industry is short of an entire 51,000 drivers. In a bid to fill in the gaps, the industry is improving the driver’s experience to lure more staff including women into the sector. C.R. England is one of the leading truck companies in the country. It employs over 6500 drivers. The firm pays novices a starting salary of $40,000/year and the pay increases with experience, with the best drivers earning six-figure salaries. The freight company is currently improving conditions for workers and offering high […]

If you want to grow your business, you should maximize your referral strategy. Well, how to motivate your past and current clients, customers, users, friends, and others to let the world know about your products/services? This article will tell you how. Also, you’ll learn how to obtain business loans with no credit easily. Grow Your Business with Referrals and Business Loans with No Credit As technology advances, more solutions appear like social media, search engines, apps, and lead-sharing platforms to help you grow your business. However, this isn’t enough. Creating referrals from trusted friends, colleagues, and family members still remains […]

Growth comes with the need for financing. Do you need a loan, but your bank has rejected your application? What about a merchant loan? Where can you obtain a merchant cash advance easily and with the lowest rates possible? The answers appear in this post. Merchant Loans The financial crisis of the US in 2008 affected the availability of funding even to those borrowers who didn’t have any problems with eligibility. At those times, a merchant loan appeared as something different from traditional loans. It was an alternative to those who were hit by the crisis. Merchant loans can help […]

It’s not easy to live a life below the poverty line. Even if you live in the richest country in the world, this a rather challenging situation indeed. The minimum wage raise to $15 in N.J. could be regarded as an addition to the current state requirement of increasing the minimum for annual inflation. There’s a consistent higher unemployment rate in some southern New Jersey counties as compared to the other parts of the state. The cost of living is relatively high in N.J., and the minimum wage is staying behind it. The costs associated with healthcare and childcare grew […]

20% of your efforts account for 80% of the results you get from your business. Identifying your unique strong points and focusing on them is critical to your success. How can your strengths help you effectively sidestep obstacles and achieve greater outcomes? Where can you obtain affordable and secure business funding to grow your business? The answers are in this blog post. How to Concentrate on Your Strengths Usually, business owners and leaders spend a lot of time and energy on strengthening their weak points so to get the best out from themselves and their employees. However, it’s better to […]

Business owner optimism is the highest its been since 2004 US small business owners have never been so much away from pessimism over the 15 year in the history of the Wells Fargo/Gallup Small Business Index. What about you? Are you optimistic about your business? Do you need high risk business loans to avoid running into obstacles? This article will help you get easily funded and provide more info on the topic. Business Owner Optimism The Wells Fargo/Gallup Small Business Index survey is based on open-ended question that small business owners answer concerning their business. The quarterly survey held recently […]