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Business Funding Blog Posts

By First American Merchant

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

6 Tips to Help Your Struggling Business Get Back on Track

Owning and operating a small business has always been challenging. From insufficient cash flow and poor business practices to a disengaged team and no customers, there are many reasons why a business might find itself on the road of no return. Regardless of the cause, if you’ve found yourself on this path, it’s time to get some guidance. You’ve now started the real test of entrepreneurship: the ability to make it through tough times – and we are definitely living in a time of uncertainty and obstacles. If this year has left you with a struggling enterprise, here are six […]

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Quick Financing Options for Small Business Owners

You encounter the real money challenges of running a business when you’re short of finances and in a tight situation that threatens to halt operations on your premises. Business financing is your safety during such times, and the quicker it comes, the faster you can fix the situation before it escalates into tragedy. So what are some of the fastest ways to get commercial funding to survive unexpected business expenses like equipment breakdowns, a pandemic, cash flow problems, or funding sudden growth opportunities? Invoice Financing Invoice financing is acquiring finances in exchange for your pending invoices. A business can finance […]

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Are Unpaid Invoices & Customer Debts Slowing You Down?

Monitoring and maintaining cash flow is an essential part of running a thriving business. Unpaid invoices and bad debts can lead to a business’s downfall. You need money to maintain operations, replenish stocks, and so on. A slight delay in cash flow can cause financial constraints and interrupt activities. The ongoing pandemic has further resulted in many cash flow hitches. Firms are struggling to stay open. And to counter these challenges, businesses have begun paying closer attention to cash flow issues by prompting their clients to pay on time.   A business is more likely to reduce bad debts by developing […]

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Prepping Your Restaurant, Pub or Bar to Thrive in the Post-Pandemic Era

Restaurant and pub businesses have long suffered under a year-long pandemic that seems to be commencing a second wave. The business environment has revolutionized so much that failure to notice the ongoing changes is almost bottom-line threatening. Now, brands in these sectors must make a complete transition from where they seek commercial funding to how they search, attract, and serve customers. According to a July poll by UK’s Food Standards Agency, 31 percent of consumers admitted they wouldn’t eat at a restaurant “for the foreseeable future.” That result marks a significant increase from June’s 25 percent.  Consumers are gradually switching […]

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Using Tax Relief to Your Advantage When Loans & Investments Take the Wrong Turn

What do you do when investments take the wrong turn and irrecoverable loans threaten to ruin your financial bottom line? Most people hardly think of tax relief, yet this is one of the best ways to recoup from such financial problems. COVID-19, for instance, has presented unprecedented financial challenges to businesses. Even the different relief programs and alternative sources haven’t held the fort for business owners who weren’t prepared for a sudden economic recession. If a business winds up in a catch-22 where it has to permanently reconsider its size and type of dealings – or quit the business altogether–many […]

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Business Funding to Gear Up for Festive Season

Government loan programs are fizzling out, yet the holiday season is a stone-throw away. How do you plan to meet the financial needs of your business at a time when nothing matters more than preparing adequately for the oncoming shopping spree? For many businesses, traditional loans are a no-go-zone because of failure to meet specific criteria. Plus, banks aren’t as willing to supply loans as before, given the pandemic’s uncertain nature and current economic status. And when your business is short of finances, you cannot achieve essential holiday season duties like; Refill or diversify your stock of goods for festive […]

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Top Business Financing Options that Allow You to Get Cash Fast

From unexpected expenses and cash flow gaps to new opportunities and growing pains, there are so many reasons why a business might need quick cash. In these situations, waiting weeks or even months simply isn’t possible. Due to their requirements and processing times, traditional lenders will not be able to meet your immediate needs. So, where should you turn? The answer is alternative lenders. While these lenders often have higher interest rates and fees compared to traditional options, they are much easier to qualify for. You won’t run into the stringent credit, documentation and collateral requirements. In fact, these lenders […]

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Top Franchise Financing Options for Aspiring Entrepreneurs

So, you’ve decided to buy a franchise? If you’re considering this option, your next thought might be how do I secure the financing I need to get started? The initial investment is very important. It includes all the expenses you will incur to get the ball rolling: franchise fee, grand opening, initial inventory, signage, leasehold improvements, supplies, equipment and more. How Much Is the Initial Investment for Franchises? The initial investment ranges between $75,000 and $500,000 for most franchises. However, the average cost typically floats around $250,000. Keep in mind this initial investment will vary by both industry and brand. […]

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Need Fast Funding? Complete Guide to Funding Your Small Business

The number of small business owners that have needed funding this year has been staggering. As the COVID-19 pandemic swept the nation, even businesses in stronger-than-most financial positions found themselves desperately in need of extra capital. Not for big plans or expansion goals, but for day-to-day operating costs and investments in new necessities like remote working teams. If your business is one of the many that is still in need of cash, the key is research. During such a stressful, overwhelming time, it’s easier to jump in with the first lender that will accept you. However, if you want to […]

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4 Tips for Understanding Your New Business’ Finances

Each year, over 627,000 new businesses are opened by eager entrepreneurs with big hopes and dreams for the future.  While their reasons for taking this leap may vary, they all share at least one thing in common: a desire for freedom. Who doesn’t like the idea of leaving their current job for the last time, giving their resignation and becoming their own boss? In reality, there is a huge amount of planning that needs to be done long before a business venture ever gets off the ground. These foundational steps will help ensure your business does not end up like […]

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