sales@firstamericanmerchant.com
Give us a call for more info 1-800-210-5649

merchant cash advance Blog Posts

By First American Merchant

Feel free to give us a call for more info 1-800-210-5649

Small Business Tips for Securing Alternative Business Loans

Long wait times, complicated contracts and services, and support that misses the mark; this is what many small business owners deal with when trying to secure financing. Banks can keep you waiting weeks or months to tell you that you’ve been denied funds in the end. The very next question is, where do I go from here? If you’re looking for funding, you’ll be glad to hear there are other ways to secure the funding you need. In fact, these alternatives often turn out to be better for many business owners. The following information should shed some light on why […]

Read More…

Why Business Loans are Difficult to Get

Getting a merchant loan is one thing, but getting the loan denied is devastating. Several factors keep you from getting a business loan, and bad credit is the major problem, though they are preventable.  Ways of boosting your credit score and enhancing your approval chances  If your credit history reveals that you cannot repay your debts, you will have difficulty obtaining a business loan. If you have recently filed for bankruptcy, you may find it hard to secure a company loan because you have no history of repaying bills. Your creditors will hesitate to offer you money when you file […]

Read More…

How Do Business Loans Really Work: The Fundamentals

How Do Business Loans Really Work: The Fundamentals Business loans are well known for feeling overwhelming. They can be confusing. They often lack clarity. And most of all, they can feel impossible to secure. In reality, business loans are similar to personal loans.  The process is much the same. You first apply to the borrower, generally a bank. You request a set amount, go over the details, and wait to find out whether the firm will lend you the money. If they agree, you will then have some requirements or interest rates involved. This is where the confusion comes in. […]

Read More…

Is a Merchant Cash Advance the Funding Option Your Startup Needs

Sitting at your desk with your plans laid out before you, there are likely many tasks and challenges written down on our to-do list. One of the biggest obstacles all startups face is coming up with adequate capital. From putting a team together and renting a location to purchasing inventory, setting up shop, and covering revenue-generating initiatives requires cash and lots of it.  Even established businesses run into cash flow issues from time to time. High-volume seasons like the holidays can cause a company to come up short. Equipment breaking down can lead to dipping into cash flow reserves, leaving little […]

Read More…

How Small Businesses Can Get Post-Pandemic Help From The SBA

Alternative funding can be the safety net for a business in a tight spot, but it can also be the worst bane of your existence–and the beginning of a debt cycle. A Merchant Cash Advance is common among phony alternative lenders looking to rip off needy small business owners.  Unlike traditional loans, these products feature painless applications and instant funding (in as soon as 24 hours). It’s no wonder most entrepreneurs rush to accept these offers even before reading the fine print. What’s a Merchant Cash Advance? A merchant cash advance is a short-term loan that allows businesses to access […]

Read More…

Types of cash advance loans you should know

Savvy small businesses in need of cash understand the significance of speedy and convenient funding from alternative lenders. Most SMBs don’t stand a chance with standard business loans. Traditional sources like banks not only do a credit pull, they also subject you to burdensome application procedures and long processing times. So most applicants would rather turn to hassle-free alternatives like a cash advance loan. Cash Advance Loans: What Are They? These are short-term loans that can get you money in your account within 24 hours. They’re an attractive option for people who need fast cash and don’t want to get […]

Read More…

How to avoid business financing that seems too good to be true

Alternative funding can be the safety net for a business in a tight spot, but it can also be the worst bane of your existence–and the beginning of a debt cycle. A Merchant Cash Advance is common among phony alternative lenders looking to rip off needy small business owners.  Unlike traditional loans, these products feature painless applications and instant funding (in as soon as 24 hours). It’s no wonder most entrepreneurs rush to accept these offers even before reading the fine print. What’s a Merchant Cash Advance? A merchant cash advance is a short-term loan that allows businesses to access […]

Read More…

Merchant Cash Advance: Everything Your Small Business Needs to Know

Unpredictable events, changing consumer trends and unexpected costs. It’s safe to say business owners today have a long list of challenges stacked against them. With few business financing options available, many companies are turning to alternative cash solutions like the merchant cash advance. What is a Merchant Cash Advance? If you’re unfamiliar with this financing tool, a merchant cash advance (MCA) provides businesses with quick cash – much faster than a traditional lender is able. An MCA provides your company with a lump sum of cash in exchange for a portion of future credit and debit card sales. The repayment […]

Read More…

A Small Business Owner’s Guide to a Merchant Cash Advance

There are so many reasons you might find yourself here: looking for an alternative source of funding. Rapid growth, expanding to a new location, cash flow gaps, equipment needs and unexpected expenses are just a few common reasons why business owners turn to third-party financing. To complicate matters, many businesses find that traditional lenders simply won’t work with them. Credit history, lack of collateral, and limited time in business are issues that often cause them to be turned down. In this situation – and with ever-growing capital needs – many owners turn to alternative lenders. What is a Merchant Cash […]

Read More…

Prepping Your Restaurant, Pub or Bar to Thrive in the Post-Pandemic Era

Restaurant and pub businesses have long suffered under a year-long pandemic that seems to be commencing a second wave. The business environment has revolutionized so much that failure to notice the ongoing changes is almost bottom-line threatening. Now, brands in these sectors must make a complete transition from where they seek commercial funding to how they search, attract, and serve customers. According to a July poll by UK’s Food Standards Agency, 31 percent of consumers admitted they wouldn’t eat at a restaurant “for the foreseeable future.” That result marks a significant increase from June’s 25 percent.  Consumers are gradually switching […]

Read More…