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High Risk Loans Blog Posts

By First American Merchant

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

New Financial Players Bring Back Risky Borrowing Habits

After the devastating financial crisis of 2008, you would think the financial industry had learned its lesson. However, just a decade after reckless home lending habits nearly destroyed the financial system, risky loans are back in full force. This time, banks are not the ones to blame. In the years following the recession, a growing network of businesses stepped in to provide alternative loan options to the parts of the economy banks had quickly abandoned. This is known as “shadow banking”. With banks unwilling to lend, it made it incredibly difficult – and still does – for many individuals and […]

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Managing the Three Risks That Could Finish Your Business in 2019 and Beyond

Above all other goals, every entrepreneur wants to stay competitive— because if you ran out of business then you’re as good as “back to square to square one.” Staying competitive involves knowing the risks that today businesses face; things that could ruin your bottom line. If your business isn’t ready to keep up with new trends and address the growing pains in your sector then you are bound to lag behind and lose customers to you fast-moving counterparts. The move towards a customer-centric way of conducting business has increased the risk of failure among merchants. Customers now want a more […]

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6 Ways a High Risk Business Loan Can Help Your Small Business

For many businesses, a bank loan is not an option. For others, it also not their best option. More and more business owners are turning to high risk business loans like a merchant cash advance to access cash quickly, which also allows them to avoid restrictions on how they can spend their money. Here are six of the top ways business owners use a cash advance: Boost Cash Flow More than 42 percent of small businesses say that cash flow is their biggest challenge and their greatest need. Without sufficient cash flow, it will be difficult to cover day-to-day costs […]

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How to Effectively Manage Being a High Risk Business

You’ve recently found out that your business is considered “high-risk”. Suddenly, many doors that were open to you are closing. The task of running your small business just became even more challenging. But what does it really mean to be high-risk? And is there anything you can do about it? In some cases, being categorized as high risk is not the result of anything you have done. In other cases, it is. Some industries are simply riskier than others, which causes many banks and traditional lenders to turn you away. If your business is new, it can also place you […]

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Need Funding with Bad Credit? High Risk Business Loan 2019

You need low cost, flexible funding options, don’t you? Well, what to do if your credit is far from being excellent? This article will show that obtaining a bad credit business loan or funding isn’t as frustrating as you may think. Also, you’ll know how you can get a high risk business loan with ease. Small Business Funding with Poor Credit Serving as a calling card for your business, your credit score shows you haven’t been an excellent “manager” of your finances. The truth is that 500 – 550 (FICO score) will definitely put some rocks on your way. However, […]

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No Credit Check Equipment Financing: Are They a Reality or a Rumor?

It’s “all smiles” for the business owner when cash flow is perfect, and cash reserves are enough to fix any unanticipated financial problems. But a time comes when you hit rock bottom and seeking funding is your only way out. And when you begin the quest, one thing that clearly dawns on you is that credit score is a primary determining factor of your company’s financial fate. Most loan providers assess credit performance as part of their underwriting process before they accept your funding request. Fortunately, the rapid changes in the micro-business funding space have brought more business loan alternatives […]

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Open Your Dream Company With Business Funding

For many, owning their own businesses are the quintessential American Dream. Oftentimes, the best way to make your dream a reality is to market a skill that you are not only passionate about but that you have mastered. Whether its handcrafted jewelry or masonry, once you have decided what services you will offer and how they will value your customers, you need the business funding to get it off the ground. In here, lies the tricky part. Startups Have Much to Think About Where will you get the seed money? How you will keep enough cash on hand to handle […]

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Get a High Risk Business Loan Before Interest Rates Climb

In September, the Federal Reserve raised the interest rate for the third time this year to between 2 percent and 2.25 percent. Officials expect it rise again in December, and at least two more times in 2019. See, the Fed shifts the rates whenever it wants to trigger a change in the economy. The hikes are a good sign that the central banks have confidence in the economy. The Fed plans to raise the rates again to a neutral level that seeks to neither spur nor slow economic growth. As the economy expands, unemployment rates drop, and inflation running at […]

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Business Owners Optimism Rocks! Get a High Risk Business Loan

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 […]

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Eligibility Criteria For a Micro-Business Loan

There are three core types of business loans available for small businesses: bank loans sponsored by the Small Business Administration, loans from web-based lenders and microloans from nonprofits. Before you apply for any of these products, it helps to find out if your firm meets the lender’s criteria: Bank loan You need good personal and business credit to make the grade for an SBA-sponsored bank loan.  However, the SBA offers business loans ($5,000 to $5 million) through banks with the 7(a) loan program. To qualify, you’ll need to present: Span of Operation: Many online lenders require at least a year […]

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