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Merchant Funding Blog Posts

By First American Merchant

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

The Complete Guide to Seller Financing

What is seller financing, you ask? And is it right for me? Seller financing involves a business’ original owner offering a buyer a loan to cover a portion of the price of the business. As the deal closes, the buyer makes a down payment in cash. The seller’s loan covers the remaining amount of the sale price, plus interest (as per the terms set by the lender). Because seller financing rarely covers the entire price of the business, many buyers use another form of financing along with the seller’s loan. Why do small business owners seek seller financing? There are […]

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Merchant Funding From a Reputable Provider

Are you looking for ways to fund your business quickly and affordably? How to get approved for business funding fast and easily? Read below and you’ll find out. Merchant Funding: Where to Find? What’s merchant financing? The term says all you need to know: this is financing for merchants. This term refers to any business funding that any business with a merchant storefront (the credit card processing system is required) can fund with. By saying merchant financing, many people think of a merchant cash advance (MCA). In fact, the term can refer to any type of business financing that collects […]

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Applying for Merchant Funding? Lending Terms to Know

Have you decided to pursue financing for your business? What type of merchant funding are you interested in? Whatever it is, you should be aware of some important terms before applying for a business loan. Knowing the essential terms, you’ll be able to make an informed decision about financing your business. Also, the process will prove to be much more comfortable for you. Here are several key business lending terms to know: Business Credit Score Business credit scores, also called commercial credit scores, vary from 0 to 100. These scores help your potential lender determine whether your business is worth […]

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Working Capital Can Help You Pay for Small Business Inventory

You can use working capital to restock your inventory, purchase new goods to sell in your business, or fill future orders. You, as a business owner, must never fail to keep up with your customer demands so to fight the competition in your industry. For this, you should closely monitor your small business inventory to guarantee only the best for your customers. 27% of businesses surveyed by the National Small Business Association (NSBA) reported that they weren’t able to receive the funding they needed. To get merchant funding without difficulty and at low rates, consider turning to First American Merchant, […]

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American Express Merchant Financing Is Not The Only Option

Are you considering your options of getting financing for your business? Many entrepreneurs turn to a bank to obtain a small business loan, but very often they feel hopeless after being rejected. Banks tend to reject more people than they approve. Even if banks give you a green light, you’re likely to pay higher interest rates. Business Loan Challenges According to the 2016 Small Business Credit Survey from 12 Federal Reserve banks across the US, which was conducted in the last half of 2016 and included over 10.000 employer firms across all 50 states, small businesses feel optimistic about the […]

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How Merchant Funding can Rescue Your Business

Are you curious as to why small businesses are increasingly turning to a merchant cash advance for help? How does the merchant cash advance compare to traditional financing? Are the costs involved worth it? If you’d like some answers to your questions, consider the following example of how this alternative financing option can save the small business. Why choose merchant funding? Many business owners believe they’ve secured the appropriate amount of financing for their new business to succeed, only to discover their rapidly running low on working capital. First, they turn to the bank for a solution. On top of […]

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Things That Can Get your Business Loan Application Rejected

Merchants might need funding for many reasons, and if you’re running a business, you’ll likely find yourself looking for extra cash from time to time. Depending on the type of your operation, getting the finances you require can be easy, a little challenging or near-impossible. Nevertheless, having prior information of what your prospective funding partner looks for in an applicant will help you know what it takes to get your request approved. Below are some of the most common reasons why a financier might reject your application for funding, and how you can avoid them. Inaccurate or incomplete business information […]

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Four Steps to Take When Your Customers Don’t Pay Their Bills on Time

Late payment is a problem that plagues the cash flow of many merchants and is one of the fastest ways to go out of business. Regardless of how successful or established, a major part of your job as a trader is to ensure that all transactions are completed on time. Of course, the billing policy you’ll employ will depend on your type of business. If you run a large-scale enterprise, for example, your clients will likely expect to be given at least a few weeks to pay their invoices. And although you’re often left with no choice, agreeing to their […]

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Does Your Business Have Cash Flow Problems? Here’s How a Merchant Cash Advance Can Help

Cash flow impediment is one of the biggest problems businesses, especially young ones, face every day. A merchant can have slow cash flow because of several factors, some of which are outlined below. Weak sales Traders who are not selling enough to satisfy their target and meet expenses are already experiencing cash flow issues. Reasons for a reduction in the number of daily transactions can range from poor business management to an unexpected change in the market, such as the entry of a dominant competitor. It is also common for new businesses to suffer low sales in the first few […]

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How You Can Minimize Your Business Spending

Maintaining a steady cash flow is paramount for the healthy growth of your enterprise, and doing so demands streamlined spending habits. While we don’t recommend just going for the cheapest business services available, you should sit down and evaluate the areas where you might be able to save some cash. Here are a few tips on how you can cut operational costs while maintaining the quality standards of your goods and services. Bundled internet and phone packages As a business owner, you probably spend a lot on cellular and internet services. Because simply doing away with these expenses is not […]

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