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Merchant Cash Advance Blog Posts

By First American Merchant

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

Can a Cash Advance Hurt My Credit Score?

Life happens, and sometimes you need emergency funding to tackle obstacles that may fall on your plate. The best option is to have money saved up for these rainy days, but that isn’t always possible. A situation where a machine that’s imperative to your business needs to be repaired or replaced can set you back hundreds, if not thousands, of dollars.  If your back is against the wall and you need emergency money fast, a merchant cash advance might be an option to look into. However, there are some important conditions to consider before opting for one. What Is a […]

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Merchant Cash Advances | Why Businesses Seeking Finances Must Use Them Cautiously

Small and medium business owners love merchant cash advances because of their fast and hassle-free disbursement. However, this is one of the cases of a deal too good; which is why you should think twice before you use this form of financing. MCAs are said to have triple-digit APRs or annual percentage rates that makes their total cost quite expensive.  These steep rates paired with their per-day settlement pattern are a recipe for cash-flow crisis. The worst MCA plans lead merchants into an endless debt cycle where the debt is literally unmanageable and they have no option but to refinance […]

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Merchant Cash Advances Explained

SME financing is an excellent way to deal with unanticipated business expenses or fund a project that will expand your bottom line. But funding alternatives are different in features, terms, and costs, and some options may suit your requirements better than others. An MCA, for instance, is a form of financing built to offer funding to a micro-business. Merchant cash advances are, in most cases, easy to win than conventional business loans, but they work differently than the latter. They are not even controlled by the same rules that regulate business loans. Even worse, there exist no rules governing the […]

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The 5 Benefits of Merchant Cash Advances

If you are a small business in need of capital, you may have noticed that your options for securing extra financing are greatly limited. It is generally standard for new small to medium-sized businesses to have great difficulty in finding a bank willing to lend them money.  New businesses simply don’t have the credentials and track record that lenders require to prove their trustworthiness. However, there is one solution that can be worth considering if you have been denied a business loan, and that is a merchant cash advance. A merchant cash advance (MCA) is a cash advance based on […]

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The Ins and Outs of Merchant Cash Advances

MCAs offer SMEs a quick business financing alternative, something different than what veteran banking institutions offer. With cash advances, a funding company gives a retailer an amount, which they utilize for their business needs and settle with a predetermined percentage of their per-day sales. This new-age product is appropriate for micro-businesses that; Take credit card payments, cash, and check payments. It is NOT suitable for retailers who use invoices. Record high sales Are seeking instant financing Won’t be verified for bank funding How it Works MCAs offer finances to microbusinesses in trade for a portion (%) of the company’s daily […]

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Is a Merchant Cash Advance a Good Resource For Your Business?

When you are just starting out in business, it is inevitable that some considerable investment will be required for your profits to really take flight.  Or it may happen that you simply need a short term solution for some quick capital. A Merchant Cash Advance or (MCA) could be an alternative to consider, depending on your business. An MCA, however, is not a loan, it is defined as a cash advance that is based on the credit card sales of a business. One advantage of applying for an MCA is that the process is remarkably quick. You can have your […]

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Should Your Business Get a Merchant Cash Advance?

If you’re a small business looking for a little extra financing, you may have considered a merchant cash advance (MCA) but aren’t sure if it’s right for you. An MCA is a lump sum of money given to a business in exchange for agreed-upon terms, including a percentage of future sales. It differs from a loan because it does not require collateral or fixed repayment terms. Read on for more information about merchant cash accounts. Advantages of a Merchant Cash Advance In the wake of the financial crisis of 2008, it has been harder for small businesses to get standard […]

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Keep Your Trucking Business Thriving with a Merchant Cash Advance

The trucking industry is strongly contributing to the U.S. economy. It supplies goods and jobs to local businesses and communities. So, it’s too important to keep the industry thriving. This article will tell you more about the topic and will help you get a merchant cash advance from a reliable provider. Grow Your Trucking Business: Get a Merchant Cash Advance The trucking industry generates hundreds of billions of dollars in freight revenue, according to the American Trucking Associations (ATA). It accounts for over 5% of all the full-time jobs in the U.S. In recent years, the industry has witnessed an […]

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MCA for Wheat Farmers Faced With Low Market Values & Tariffs

Wheat farmers in the U.S. are now faced with low market values and tariffs. Are you interested in where you can get a business cash advance for your business? This article is about wheat farmers’ current challenges and reliable business funding options. U.S. Wheat Farmers: Get a Business Cash Advance This year, the U.S. farm economy is coping with some challenges like never before in recent years. These challenges are caused by trade problems, climate change, depressed commodity prices, as well as decreased immigrant labor. Net farm income has dropped to 50% since 2013, thus making up $70 billion from […]

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Prepare Your Business for Summer: Get Merchant Cash Advance

Summer is so much about sun and fun. Summer is also a great time to spend productively for your business. This article will tell you about a number of productive ways you can use for your business. Also, it’ll help you with the right merchant cash advance in case you need business funding. Preparing for Summer & Getting a Merchant Cash Advance Although summer can turn into the downfall for your business, it can also be just the opposite if you’re well prepared to meet this wonderful time of the year. This slow and lean period can help you prepare […]

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