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Cash Advance Blog Posts

By First American Merchant

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

Is a Merchant Cash Advance the Funding Option Your Startup Needs

Sitting at your desk with your plans laid out before you, there are likely many tasks and challenges written down on our to-do list. One of the biggest obstacles all startups face is coming up with adequate capital. From putting a team together and renting a location to purchasing inventory, setting up shop, and covering revenue-generating initiatives requires cash and lots of it.  Even established businesses run into cash flow issues from time to time. High-volume seasons like the holidays can cause a company to come up short. Equipment breaking down can lead to dipping into cash flow reserves, leaving little […]

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A Guide To Small Business Loans For Auto Mechanics

The auto repair industry faced a decline during the recession. However, in just the last few years, the auto repair industry has not only experienced a comeback but has continued to grow. Consumers, keen on saving money, are driving their cars longer, and that means auto repair shops will greatly benefit. Business loan lenders are also well aware that almost 75% of aftermarket car repair is carried out by independent auto repair shops.   In order to take advantage of this massive opportunity, now and in the future, auto repair shops need to have the funds to meet these needs.  Why […]

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Restaurant Cash Advance: Merchant Funding For Restaurants

Despite the immense challenges imposed by the global pandemic, the restaurant industry has experienced robust growth over the past few decades. According to Statista, the U.S. quick-service restaurant (QSR) industry’s output has experienced an increase of well over 50 percent since 2007. This contributed to an “all-time high” of nearly $283 billion in 2020.  The U.S. full-service restaurant industry, also experienced growth, reaching $80 billion in 2020. As one of the most critical industries for the U.S. labor market, it is estimated that over 14 million Americans are employed by restaurants.  Restaurants Need Cash If there is anything certain in […]

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Types of cash advance loans you should know

Savvy small businesses in need of cash understand the significance of speedy and convenient funding from alternative lenders. Most SMBs don’t stand a chance with standard business loans. Traditional sources like banks not only do a credit pull, they also subject you to burdensome application procedures and long processing times. So most applicants would rather turn to hassle-free alternatives like a cash advance loan. Cash Advance Loans: What Are They? These are short-term loans that can get you money in your account within 24 hours. They’re an attractive option for people who need fast cash and don’t want to get […]

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3 Ways Business Owners are Using Their Credit Score to Scale

Unpredictable events, changing consumer trends and unexpected costs. It’s safe to say business owners today have a long list of challenges stacked against them. With few business financing options available, many companies are turning to alternative cash solutions like the merchant cash advance. What is a Merchant Cash Advance? If you’re unfamiliar with this financing tool, a merchant cash advance (MCA) provides businesses with quick cash – much faster than a traditional lender is able. An MCA provides your company with a lump sum of cash in exchange for a portion of future credit and debit card sales. The repayment […]

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Merchant Cash Advance: Everything Your Small Business Needs to Know

Unpredictable events, changing consumer trends and unexpected costs. It’s safe to say business owners today have a long list of challenges stacked against them. With few business financing options available, many companies are turning to alternative cash solutions like the merchant cash advance. What is a Merchant Cash Advance? If you’re unfamiliar with this financing tool, a merchant cash advance (MCA) provides businesses with quick cash – much faster than a traditional lender is able. An MCA provides your company with a lump sum of cash in exchange for a portion of future credit and debit card sales. The repayment […]

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Merchant Cash Advance Can Help eCommerce Vendors

The COVID-19 pandemic has hurt mostly the service economy. Businesses such as restaurants, cafes, bars, gyms, and not only are in a critical situation. This article will help you with business funding options, such as a merchant cash advance, to navigate these challenging times with ease. Merchant Cash Advance for Service Industry Many countries, including the U.S. and China, rely on the service sector to a great extent. The forced lockdown didn’t allow many stores to continue their operation and consumers to leave their homes. Unfortunately, retail sales have sharply declined because of the COVID-19 pandemic. On the other hand, […]

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How A Referral Program Can Help Increase Business Cash Flow

Referral programs are great for boosting brand awareness and reputation to enjoy higher ROI (return on investment) and increase business cash flow. Let’s see how you can do this. Increase Business Cash Flow With a Referral Program Positive cash flow guarantees successful growth for your business. Referral marketing programs can be of great help when trying to increase your company’s cash flow. Let’s see how these programs can help you: Send out the invoices quickly so the cash will come in without delay. Offer a type of incentive to both the customers and their referrals. Grab attention by using catchy […]

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FTC’s Merchant Cash Advances Probe: What to Expect

The Federal Trade Commission (FTC) has recently started investigating the merchant cash advances industry. The decision followed the FTC Commissioner Rohit Chopra’s call on eliminating deceptive small business funding practices. If you want to know more about the topic and discover a unique and exceptional merchant cash advance (MCA), you’re at the right place. FTC’s MCA Probe The diversification process taking place in the small business lending industry has resulted in additional disruptions in the space. These include both regulation and security concerns. Of course, the lending platforms available in the online marketplaces can’t be isolated from all these happening […]

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When a Cash Advance Boost Can Get You Out of a Crisis

What is an MCA? How governments or other entities can boost cash advances to avoid an economic or financial crisis? This article will tell you some basic points concerning MCAs. What’s more, you’ll learn about a reliable and cheap MCA from an exceptional business funding provider. Easy Access to a Cash Advance In recent years, MCAs have become a preferred choice for many entrepreneurs as a business funding option over traditional loans. Importantly, if you think an MCA is a loan, it’s not true: an MCA is just a sale. Thanks to an MCA, you can use your credit card […]

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