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alternative business funding Blog Posts

By First American Merchant

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Tips To Applying For a Merchant Cash Advance Loan… Even With Bad Credit

Although merchant cash advances have facilitated the prosperity of many businesses, some haven’t been as lucky. Like all funding options that need repaying, a MCA can make or break your enterprise. For instance, if your retail business is in need of immediate cash flow, a small business loan could help you get back on your feet. It’s quite easy, if you’re short of funds and your enterprise is making consistent monthly sales, applying for a merchant cash advance could add even more help alleviate the strain to your financial situation. A MCA is not a loan, but an advance on […]

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The Best Merchant Cash Advance Loan

To get access to working capital, you should find a reliable and trustworthy business loan provider to turn to. If you’re interested in merchant cash advance companies, consider applying to First American Merchant is a reputable and award-winning business loan provider and high risk processor that can help you take your business to new heights. First American Merchant offers: Merchant Cash Advance ACH Program High Risk Business Funding Consumer Financing With FAM, you can enjoy the following benefits of merchant funding: Fast Funding – You can have funds in your bank in as little as 72 hours. No Hassle […]

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Quick Business Funding Options for Construction Industry Businesses

Construction financing continues to be a challenge for many contractors, due to a number of economic factors. For example, contractors are very sensitive to economic cycles and revenue fluctuations from year to year. Excessive competition and the volatility of the industry are also an issue. For banks, credit underwriting issues are a big obstacle for banks in lending to these firms (construction company failures, unpredictable nature of the work, the estimates used in financial statement(s) preparation, etc.). Like any other business, a lack of financing causes many problems for construction firms. Without adequate cash, the company will be unable to […]

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6 Alternative Business Funding Options for the Small Business Owner

According to Sean O’Malley, president and co-founder of SmartBiz, “Although small businesses make up a vital part of the economy, access to small-business loans has been restricted since 2008.” Even though small business lending options are improving, there are still many entrepreneurs that are still ineligible for traditional lending options. For one reason or another, these businesses are considered to be too risky and are turned away. Banks refuse to offer business financing of any kind. Thankfully, the number of alternative options for small businesses and startups continues to increase. If you’re business is currently in need of a little […]

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Business Loan Vs Merchant Cash Advance. Which One To Choose?

Businesses looking for access to capital face a basic choice between a business loan and a merchant cash advance. Both business funding options can help you hire new employees or finance a major marketing campaign, expand your business or just get out of a cash flow crisis. Which one to choose? Business Loans Businesses loans are designed for businesses and not individuals. They have a fixed term and agreed interest rate. Business loans have traditionally been popular among business owners because they offer the following benefits: As compared to a merchant cash advance, a business loan is cheaper and offers […]

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Looking for a Business Loan?

Small business owners are increasingly looking for reliable sources of financing that meet their business needs and can help them extend their capital to business ventures with greater potential. If it’s difficult for you to find the right business funding for your startup, you should turn to true professionals in the field who understand the challenges associated with finding business financing. It’s critical for merchant seeking business capital to turn to a reputable business loan provider like First American Merchant can help you sustain and grow your business. With FAM, you can enjoy secure and reliable payment processing. First […]

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How Alternative Business Funding Can Help Your Startup Boom

So, you’re starting a company. Perhaps it is an electronic cigarette e-store, or a bookstore. Maybe it is a hair salon or a trucking company. Whatever your business, there are a few things that all have in common. They all need employees. They all need inventory or tools and products. They all need funding. This last one can be an issue, and the bank will not help you out if you are just starting out. Many aren’t sure where to go or what to do after they are turned down by the bank, but thankfully there are many alternative business […]

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Can’t Get a Loan from a Bank? Here are Business Funding Options To Consider

Years ago, it was often difficult to get approved for a traditional bank or a credit union loan. Business owners had to borrow from their family, friends, or against receivables. Today, thanks to alternative lenders and institutional investors, entrepreneurs have better chances to get business funding even with bad credit for their companies. Funding Options for Small Businesses Alternative Lenders Alternative lending came into existence after 2008 financial crisis when small businesses saw it was difficult for them to get approved for a traditional bank loan. Online lenders built web-based lending platforms that made it easier and faster to obtain […]

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Have You Considered Alternative Business Funding?

Bank loans are a thing of the past for today’s merchants. From those with good credit, bad credit, no credit, and those in mainstream and “high risk” businesses, this is a risky way to get funds. While bank loans may be a no-go there may be problems finding an alternative business funding source – especially if your credit is not great. Fear not, because there are many ways to get the funding you need – without the hassle of a bank loan weighing on your mind and wallet. Crowdfunding: This is risky, because it is not guaranteed that you will […]

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Why You Should Consider Alternative Lending to Increase Your Company’s Revenue

The world of alternative lending has changed. Once a semi-lawless arena with high rates and shady contracts, the merchant cash advance industry in particular has become more legitimate with oversight and controls that keep merchants safe. Even mainstream organizations like Amazon, eBay, and AmEx OpenExchange are getting into the act. According to The Green Sheet, the market for merchant cash advances is nearing $700 million. If you are a small business searching for an alternative lending strategy, look into applying for a merchant cash advance If your business has bad credit or wants a short term loan, banks may not […]

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