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Merchant Loans Blog Posts

By First American Merchant

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Policymakers Targeting MCAs as Small Business Continue to Suffer Skyrocketing Interest Rates

As micro-business loan interest rates skyrocket, access to business financing is increasingly limited for small companies— the sector that runs a large portion of the US economy. But a set of policymakers and protestors plan to limit access even more under the pretext of consumer protection. Interest rates hitting the roof means that the rates at which one bank lends reserve balances to another are increasing, raising the prices (for small companies) for obtaining businesses financing via bank-issued traditional loans. With the exponential rise in costs, consumers will be left with even fewer dollars to settle exorbitantly higher interest rates […]

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Merchant Loans: What About a Merchant Cash Advance?

Are you a small business owner in need of capital right now? What about merchant loans? Why not apply for a merchant cash advance (MCA)? Below, you can find helpful info on where to get reliable and affordable merchant funding. Merchant Funding: Merchant Cash Advance The last 10 years, starting from the financial crisis, proved to be quite successful for merchant cash advances or MCAs, turning them into the most popular form of merchant funding in fact. Recent data in the field shows that the MCA business accounted for $10 billion in 2015. Well, an MCA isn’t technically a loan: […]

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5 Reasons to Get a Merchant Loan

Does your business need funds quickly? Are you wondering what a merchant loan has to offer? If you’re considering whether to apply for traditional lending or an alternative, the following list of merchant loan benefits will help you decide what is right for your business. 1.      Get the Cash You Need Fast With a traditional lender, you could wait weeks or even months to find out if you qualify for funding. By then, your business could miss a great opportunity, or worse, find itself in a bad cash flow situation. Before you even apply for a merchant loan, […]

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Did Your Bank Deny Funding Your Merchant Loan?

Growth comes with the need for financing. Do you need a loan, but your bank has rejected your application? What about a merchant loan? Where can you obtain a merchant cash advance easily and with the lowest rates possible? The answers appear in this post. Merchant Loans The financial crisis of the US in 2008 affected the availability of funding even to those borrowers who didn’t have any problems with eligibility. At those times, a merchant loan appeared as something different from traditional loans. It was an alternative to those who were hit by the crisis. Merchant loans can help […]

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Small Businesses Get Cash Boosts With Merchant Loans

If you are a startup or smaller business that is just making a name for itself and needs extra cash, finding a lender can be challenging. Traditional lenders, such as banks, require good credit scores and collateral to get approved for small business loans and many other types of financing. Whether you need to buy additional inventory to get through the holiday season or you are low on cash because you are in the slow time of your seasonal business, how do you get the funding you need if have bad credit and no assets to put up for collateral? […]

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Merchant Loans for Sports Bar Owners

Bar owners looking for ways to add new income avenues without moving to a new space should consider upgrading to a sports bar.  And the fact that you can get a sports bar merchant loan without much ado makes it something you really want to try. A ready market Russia hosted this year’s FIFA world cup that ended only a few weeks ago, and to many retailers, it was an excellent opportunity to make profits out of the event that attracted fans from different nations.  Sports bar owners are among the retailers who benefitted from this event as fans who […]

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Build Your Business with a Merchant Loan

You already made some of your dreams come true by starting your business. Now, you are probably itching to keep the momentum going by taking steps to grow your business. You can begin expanding your empire with the right merchant loan and these four tips: 1.    Get on Social Media and Share Content that Matters For the most part, this is a no-brainer. But, this isn’t just about getting on social media and getting “likes” and a few “retweets.” Those are important, but it is much more vital to engage with customers and offer nuggets of information that are […]

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The Complete Guide to Seller Financing

What is seller financing, you ask? And is it right for me? Seller financing involves a business’ original owner offering a buyer a loan to cover a portion of the price of the business. As the deal closes, the buyer makes a down payment in cash. The seller’s loan covers the remaining amount of the sale price, plus interest (as per the terms set by the lender). Because seller financing rarely covers the entire price of the business, many buyers use another form of financing along with the seller’s loan. Why do small business owners seek seller financing? There are […]

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Revive Your Business with a Merchant Loan Regardless of Credit

Especially in the early years, money is tight for small businesses. When their owners want to grow their firms, buy extra inventory, hire personnel, or fund a marketing campaign, they often need to borrow the money. Accessing financing can is tough when a business is small and new, and it can seem impossible if its owners also have poor credit. In 2016, 45% of small businesses applied for some type of financing, according to the 2016 Small Business Credit Survey, released by the Federal Reserve. Of those applicants, only 40% received the full amount they requested. Bad credit, which is […]

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Merchant Funding From a Reputable Provider

Are you looking for ways to fund your business quickly and affordably? How to get approved for business funding fast and easily? Read below and you’ll find out. Merchant Funding: Where to Find? What’s merchant financing? The term says all you need to know: this is financing for merchants. This term refers to any business funding that any business with a merchant storefront (the credit card processing system is required) can fund with. By saying merchant financing, many people think of a merchant cash advance (MCA). In fact, the term can refer to any type of business financing that collects […]

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