sales@firstamericanmerchant.com
Give us a call for more info 1-800-210-5649

Business Funding Blog Posts

By First American Merchant

Feel free to give us a call for more info 1-800-210-5649

Merchant Cash Advance: Fast, Flexible Small Business Funding Option

What does every small business owner in the U.S. have in common right now? Recovery. A need for a smooth recovery and future growth. There are currently 31.7 million small businesses in the U.S., and they have all been affected by these unprecedented times brought on by the pandemic.  As the economy bounces back and the country transitions out of the pandemic, the need for access to fast capital for recovery and growth will continue to increase. However, many small businesses are not sure where to turn. The federal relief from the Paycheck Protection Program (PPP) ended on May 31 […]

Read More…

4 Strategies to Get Your Business Back on Track Post Covid-19

It’s safe to say the past two years have been a continuous cycle of trying to adapt and overcome, especially for small business owners. New restrictions were rolled out in rapid succession, consumers shifted their purchasing habits and employees’ workplace arrangements changed. People got used to this “new normal” as smoothly as they could to keep moving forward. Unfortunately, many businesses were negatively impacted by the pandemic. The biggest challenge of all was their lack of preparedness. Most companies were simply not in the strong position necessary to handle overnight change and are still struggling with the effects.  Moving forward […]

Read More…

3 Valuable Sources of Cash for Your Small Business

In the midst of the pandemic, small business funding needs were a hot topic. Lots of information was available for business owners in need of additional capital to weather the storm and uncertainty. As the economy attempts to bounce back and transition out of the pandemic, many of those small business owners are still looking for cash solutions. However, now that the – unsatisfactory for many – Paycheck Protection Program (PPP) has ended, many are struggling to find the capital necessary to recover and grow. The biggest obstacle today is feeling like “just a number”. Big banks are flooded with […]

Read More…

3 Ways Small Businesses Unintentionally Fall into Debt

Running a successful business involves an interesting combination of risk, sacrifice and discipline. From time to time, it requires investment to see improvements. At other points, it means giving up something in the pursuit of something bigger. Above all, it demands discipline to achieve your ultimate goals.  Of course, one of the biggest risks for a business – whether a startup or an established company, is debt. Choosing to take on debt to secure much needed capital can be a smart decision, as long as you have a plan and capability to pay it back in a timely manner. However, […]

Read More…

Why a Bridge Loan is Your Next Best Instant Funding Strategy

A bridge loan is a kind of short-term funding built to help a business meet its financial needs until it acquires a long-term loan. These loans are a life-saver, especially when you need instant funding to keep operations running or seize an opportunity. Entrepreneurs who apply for a bridge loan can use it to buy or upgrade assets or finance business operations. Then, as soon as their business acquires long-term funding, it utilizes the funds from the newly acquired long-term loan to settle the bridge.  Companies depend on bridge loans (most with higher interest rates than regular long-term funding) to […]

Read More…

7 Sources for Plumbing, Heating & Cooling Business Loans

Are you a plumbers and HVAC (heating, ventilation, and air conditioning) specialist? You’re likely to have specific business needs, which very often require access to additional working capital. Where can you obtain the necessary plumbing, heating & cooling business loans to cover business expenses?  Plumbing, Heating & Cooling Business Loans Different business funding providers have different requirements for applicants. However, there are some key points you should be well aware of before applying for this type of loans. Otherwise, you can’t get access to the best funding option for the specific needs of your HVAC or plumbing business. E.g., you […]

Read More…

Is Your Loan Provider Selling You What They Marketed? | Small Business Financing

How would you feel if you found out that the financing you’ve wound up with isn’t what your lender promised? From MCAs to business credit lines, lenders have designed a long list of funding products for small and medium businesses. But not all products are okay for every financial need. Speaking to PYMNTS, Flo Capital Co-founder Ryan Ridgway feels there’s often a bait-and-switch trick that most lenders use to lure business. How Bait-&-Switch Works According to him, loan providers can “dangle the carrot” with a particular product, only to sadly offer a retailer a different product, which might not fit […]

Read More…

4 Steps to Get Your Small Business Loan Fast Financing

Running a business is one thing. Sustaining it is a whole other challenge. It requires meticulous cash flow management and availability of capital. At one point or another, every business finds itself in a tight financial situation. Sometimes, at no fault of their own. Whether it was uncontrollable economic changes or slow-paying customers, there comes a time when it is necessary to seek outside funding to keep operations running smoothly. Many business owners first turn to a bank loan. However, there are many alternative lending options today that business owners should consider. Before setting your sights on any one option, […]

Read More…

6 Important Loan Types for Your Business & Purchases

Do you have a striving business? Maybe you’re just starting or trying to move your existing business to the next level and you need to make urgent purchases, aren’t you? Whatever it is, access to additional working capital in the form of business loans, student loans, etc. is something almost all businesses and many people need at some point in their life. Let’s go through several options and find a reputable business funding provider in the U.S. Business Loans & Funding Options  Working capital can make or break your business. This is also true of people in need of financial […]

Read More…

PPP Loan Forgiveness Guide

Every business owner who applied for PPP funding had loan forgiveness in mind when they hopped on board. But up until now, only a handful know the leniency criteria and how to apply for it. With poor communication from loan providers and limited resources to refer to, most entrepreneurs now rely on incomplete info from their business counterparts or online sources. This guide will take you through everything you should know about leniency and the Paycheck Protection Program. What Requirements Must You Meet to Enjoy Leniency? PPP loans were disbursed in two phases but the loan leniency requirements are similar […]

Read More…