Small businesses should consider a merchant cash advance

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Small businesses should consider a merchant cash advance
12/1/2011 6:04:45 PM
Category: Business Finance

As a business owner, you many find it challenging to find the necessary financing to support your growing business. A Merchant Cash Advance may be the right tool to fund your growing enterprise.

A merchant cash advance is an alternative solution for businesses looking to expand their operations but are concerned about taking on long-term debt and making monthly payments. This type of financing alternative allows business owners to access future sales today without assuming a rigorous repayment schedule. A Merchant Cash Advance is a version of Accounts Receivable Factoring and is not a new concept - the first widespread, documented use of Accounts Receivable Factoring occurred in the American colonies before the American Revolution.

Instead of a monthly bill payment, this financing alternative allows small business owners to pay back the advance gradually by pledging a predetermined percentage of each future credit or debit card transaction. Smart practices in small business financing in areas such as allocation of funds and management of cash flow can make a difference in the success of the venture.

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Business Finance (14)


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Small businesses should consider a merchant cash advance 12/1/2011 6:04:45 PM As a business owner, you many find it challenging to find the necessary financing to support your growing business. A Merchant Cash Advance may be the right tool to fund your growing enterprise.

Business Owner Tips (22)


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Business Operations (20)


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Study: More small businesses getting social with online marketing efforts 3/26/2012 4:58:42 PM Small enterprises are increasingly turning to the internet and social media sites to grow their companies and connect with consumers, according to a recent Citibank survey.
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Suggested topics to include in an employee handbook 12/29/2011 9:45:57 PM A well-written employee handbook should set expectations for workers, describe what to expect from the company and explain the employer's legal obligations and worker rights.