According to the US Small Business Administration, there are 28.8 million small businesses in the US. Small businesses, which include those with fewer than 500 employees, represent 99.7% of all business in the US. Between the middle of 2009 and… Read More »Mom-and-Pop Businesses Vs Mega Chains
Receiving a rejection letter for a business loan you were counting on can be discouraging. Data from the Small Business Administration (SBA) reveals that nearly 50% of small business loan applications are rejected for a variety of reasons. Understanding the… Read More »Why Was I Denied A Small Business Loan?
So, a business cash advance is something that most every merchant needs at one time or another. But, what happens when you have bad credit? Well, for some merchant account providers this means that you are no-go when it comes… Read More »Get A Business Loan With Bad Credit
What is working capital? And why should it matter to your business? Working capital is the funds your business has available to cover day-to-day expenses. Without it, your business could quickly find itself in a dangerous cash-flow situation. Or, worse… Read More »Working Capital is Important To Business
So, you are a small business owner. You have committed your whole life in propelling your business forward. But as you might have noticed that it has become increasingly difficult to attain capital to grow your business in this day… Read More »How a Merchant Cash Advance Can Boost Your Business Esteem
As of 2016, there were 28.8 million small businesses, which represented 99.7% of US businesses, according to the SBA. As of 2017, big banks only approved nearly 24.1% of small business loans. Smaller banks approved around 48.9%. Alternative lenders approved… Read More »How to Build Good Business Credit with Bad Personal Credit
Regardless of whether or not your business is seasonal, there comes a time in the year when sales are lower than normal. For brick-and-mortar retail stores, this period is typically the summer, when a significant number of customers is out… Read More »Three Ways Your Business Can Benefit From The Off-Season
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… Read More »Tips To Applying For a Merchant Cash Advance Loan… Even With Bad Credit
There are many situations that call for a business owner to look elsewhere for business funding. Financing startup costs, fueling growth, funding expansion and covering operating costs, to name a few. When a business finds itself in a tight situation,… Read More »6 Possible Reasons Why Your Small Business Loan Application Was Rejected
Merchant cash advances are among the most popular methods of raising quick capital for business. By definition, an advance is an immediate financial advancement, which is given to a merchant in exchange for a share of future credit and debit… Read More »How To Make a Merchant Cash Advance Work To Your Advantage
