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business funding options Blog Posts

By First American Merchant

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What to Look For Small Business Funding Options

Some business owners use their own savings or finances to fund their startup, others may need additional resources from an outside source. Happily, small business owners have a myriad of small business funding opportunities nowadays, and the landscape goes on evolving with rapid advances. Alternative or non-bank online lenders provide more choices for business owners in recent years. It has become extremely important for entrepreneurs to evaluate the terms offered by lenders so to choose the right option for their business. Below you can find several important factors that can help you evaluate your potential lender. Speed and convenience are […]

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What Is A Merchant Cash Advance And How Does It Work?

A merchant cash advance can be characterized as an alternative financing option. You will be provided with financing upfront and will pay for the advance with a percentage of your business’s daily sales. This a good business funding option for small business owners who receive payments through cash, credit cards or checks, have a high volume of sales, and need to get the financing for their business quickly. Also, merchant cash advances are good for those cannot qualify for traditional bank loans. A Merchant Cash Advance: How Does It Work? Small business owners can apply for a merchant cash advance […]

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Business Funding Options For Merchants With Bad Credit Or No Credit

Do you need business funding for your company with bad credit? Be aware if you have a high score, a wide variety of funding sources will be open to you to enjoy. In case, you have a bad credit or no history, you will have hard times to get approved for a business loan.   Ideas for Entrepreneurs with Low Scores Poor credit is something you cannot run away from. The important thing is to be able to find the necessary funds for your business and use them wisely enough so to get your score back on track. Below you […]

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Business Funding Options for Those with Issues

Business funding options are plenty, but for some merchants it can be tough to secure even the most lenient loans. New regulations are leaving some out in the cold when it comes to finding and securing a business loan, and this can leave merchants and their businesses vulnerable. This vulnerability comes from payday loans and scams that claim to offer you funding, when all they are really doing is ripping you off. Before you apply for an unknown – and possibly a bad deal – loan, consult your merchant account provider. Most merchants have a merchant account provider to deal […]

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Searching for Funding Options? Add a Merchant Cash Advance to Your List

There will come a time for every business owner when they have to think about how they will finance their business’ operations. With so many options, deciding how you will secure the funding you need can be an overwhelming process. The following three options – currently the biggest areas of funding – will help you make a decision based on what makes the most sense for your business’ needs. Bootstrapping Commonly known as bootstrapping, this involves funding your business out of your own pocket. While this is the simplest form of funding, it can also be the most difficult. The […]

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Top 5 Ways to Successfully Fund a Startup

How do I find the money to fund my startup? That’s what most budding entrepreneurs ask. And, they aren’t mistaken because to be honest finding money for a startup can be very difficult. This article reviews 5 of the most reliable ways to fund a startup. Well, there is no magic when it comes to getting funds for a startup. In fact, contrary to popular myth, no one is waiting out there to hand you $100,000 to fund your startup just because the idea looks exciting. On the contrary, there are several creative ways of getting such funds. If you’re […]

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Today’s Big Businesses were once Garage Businesses

It may seem like your small business is destined to stay small. You may think that there is no hope for major growth, even if you have a steady customer base. While many small businesses will stay in the “small business” category, others soared. In fact, three of today’s most recognizable businesses were once started in garages and gas stations. There may seem like there is no hope for growth, but if these businesses can make it, any business has the ability to rise up. Everyone knows Apple. From iPads to computers to new watches, Apple is everywhere. But not […]

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Four Ways to Find Funding In Spite of Bad Credit

For an entrepreneur down on their luck, sometimes the only thing that is lacking is a second chance. But, in a credit-based economy a bad credit score can be worse than a face tattoo for putting a good foot forward. Finding sources of funding when a bad credit score stalks you like the business equivalent of the grim reaper can be frustrating. But, merchants with bad credit are not without options. Here are four ways of securing funding in spite of a bad credit score. 1) Business Cash Advance A business cash advance works in spite of any bad credit […]

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Merchant Cash Advances Work For Any Type of Business

There are times when every type of business needs a little help. Even if you have a business that is considered high risk like a travel agency or online dating, you may eventually have some cash flow problems that need addressed. Maybe the travel agency booked several groups for a tour of France. With all that has happened lately, the groups have cancelled. They promise to re-book when all the problems have been eliminated. Because of the winter weather, individuals are more concerned about getting to work safely rather than finding someone new to date. No matter what your industry, […]

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What is The Purpose of Your Small Business Loan?

More times than not small business owners find themselves in a tight cash flow situation. It could be that more capital is needed to hire temporary workers so that larger orders can be delivered on time. Maybe more raw materials need to be purchased to fulfill orders or to stock the shelves. After all, if you do not have a product in hand, you cannot sell it. You missed the boat and the revenue. When these short-term emergency needs arise, a long-term small business loan is not the answer. If the merchant accepts credit and debit cards a small business […]

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