Starting a business is an exciting endeavor. However, to be able to make your dreams come true, you need business capital. Not all business owners have enough resources to fund their startup on their own. If you lack resources, no matter you need a small or a large amount to get your business off the ground, you should look for funding from an outside source in order to move forward.
Fortunately, there exist a number of business funding options nowadays. As compared to traditional banks, alternative online lenders have become extremely popular recently. Take the time to compare all the available options and make the right decision that will enable you to start and grow without difficulty.
When choosing an online business funding provider, it is critical to turn to a reputable company like firstamericanmerchant.com. First American Merchant (FAM) offers the best business funding opportunities in the industry and is an award-winning payment processor that specializes in the high risk sector.
FAM serves the following industries:
- Bars and Nightclubs
- Beauty Salon
- Hotel and motel
- Medical Marijuana
- Liquor Stores
Benefits of Merchant Funding Offered by FAM
- Fast Funding
Fam’s business funding programs can have money in your bank in as little as 72 hours.
- No Hassle
Your payments are automatically held from your credit card transactions. No fixed monthly payments are required.
- High Approvals
A merchant cash advance approval is based on your business performance and not your personal credit, time in business or financials.
- Easy Collections
FAM gets paid when you get paid. FAM’s payment is a percentage of your daily sales.
First American Merchant offers:
- Merchant Cash Advance
Credit scores below 500 are approved. You can receive your funds within 72 hours and enjoy simple and flexible programs. No tax returns or financials are required. A fast application process is guaranteed.
- ACH Program
You can qualify if you have 500 FICO score, you’ve been 6 months in business, have 10k in gross monthly deposits and less than 3 NSF’s per month.
- High Risk Business Funding
FAM understands the challenges that high risk businesses face and can help you overcome them easily.
- Consumer Financing
Offers customers 3-, 6-, or 12- month financing. You get paid the purchase amount within 3 days. There is no risk to you if the customer doesn’t pay. Your customers can finance up to $5.000.
Research and find the best solution to your business needs. Turn to a reputable business loan provider in order to start and grow without major challenges.