If you’re labeled as a high risk merchant, you can still explore high risk business lending solutions for your company. Today, there’s a myriad of alternative high risk business loan options that you can use to get the necessary financing for your high risk business. Let’s move forward to find out more. Where to Get a High Risk Business Loan Having easy access to the necessary funds is among the top issues any business owner can face. This is especially true of merchants tabbed as high risk. High-risk business financing options such as merchant cash advances (MCAs) are a great […]

So you have been approved for a loan and you are now itching to use this fresh injection of cash to take things to the next level. So where do you start? Before you jump feet first and begin spending with abandon, seriously consider what your overall business goals are. Doing so will keep you disciplined and focused on only directing funds where you need it most. One of the primary goals of any business in existence is growth. Ask yourself where this much-needed influx of cash can be used to facilitate expansion. What investments can you make that will […]

The last 5 years have brought a 20% annual growth for the merchant cash advance (MCA) industry. Some companies go for merchant cash advances, while others choose invoice factoring. This article will draw a parallel between these 2 types of business financing. So, let’s go. Merchant Cash Advances A merchant cash advance (MCA) is also called a business cash advance. This is an alternative business financing option that’s not a loan. With an MCA, you get a lump sum of money in exchange for a certain amount of the future credit card sales of your business. You must pay back […]

Having a healthy cash flow is imperative to successful business operations, but sometimes there are normal fluctuations that limit the consistency of that cash flow. Businesses that deal in particular industries, such as consulting, realty and contract work can experience the ups and downs of seasonal work or be stuck for revenue while waiting for clients to settle their bills with you.  Consistent cash flow can also be an issue for start-up companies that are still establishing a clientele and diversifying their services to stabilize revenue. Even if the company has a million-dollar idea and is making money on paper, […]

According to Q2 2019 Private Capital Access Index (PCA Index) from Dun & Bradstreet and Pepperdine Graziadio Business School, there is a growing number of small business owners that are seeking to gain more access to capital than in the first quarter of this year. However, they are struggling to secure bank loans. In the survey, 36% of businesses tried to raise funding in the second quarter, with an increase from 28% in the first quarter. Only 32% were able to secure financing from a bank loan in Q2 2019. This figure is down from 44% in the first quarter […]

Taking out a business loan can feel almost like a leap of faith. Business owners can be hesitant to pursue this option because of a worry that they won’t be able to handle the payments, a negative connotation of receiving outside help for their business or just an aversion to the whole process. It’s true that you shouldn’t go into taking out a loan blindly, but with the right planning, a business loan can go a long way in increasing your profits. In fact, NDP Analytics’ report on The Economic Benefits of Online Lending to Small Businesses found that for […]

Have you decided to expand your business? Do you need to pay for new employees? Maybe you need new office space, don’t you? What about new materials, inventory, or marketing, and more? With the right business funding, you can realize all this, and not only. Just keep on reading below to discover the main business loan requirements you need to know. Business Funding Requirements to Know When applying for a business loan, you’ll almost always be required to show self-reported credentials. These include your personal credit, annual revenue, and how long you’ve been doing business. Moreover, almost always you’ll be […]

What setbacks do a business listed as ‘high-risk’ face? In truth, the downsides of being categorized as a high-risk company are numerous. But it is not always your mistake— the authorities consider these sectors as risky because of the nature of activities or products they handle. But these merchants, like their low-risk counterparts, are just business owners looking to venture into a niche they find unexploited and make profits out of their efforts. Among the growing pains of a high-risk entity is payment processing because processors are unwilling to onboard these merchants. Payment processors would rather stay away from these […]

If you’ve been thinking the summer months are away from being productive, you’re wrong. In reality, summer is an extremely productive period for businesses. After all, you can’t find extra time to focus on different areas of your business, can you? So, let’s see how you can use the summer period for your business, as well as discover exceptional business funding opportunities. Business Funding Sunshine… Hot days… Cool backyard pool… Wait! The picture may be completely different for you if you’re a business owner. It’s not always that easy for you to take time off and enjoy the summer months, […]

Getting business funding can be critical to the economic growth of your company. What should you bear in mind when applying for a small business loan? How can you be sure this is the right financing option for your business? No worries. This article is here to help you find the right funding from the right provider. Looking for Business Financing to Grow When starting a business, you’re likely to get down to diving seed money from a lender. However, you’re not alone in this. Merchants with years of history in business might as well need access to some urgent […]