Recently, we discussed some basic points that every potential new business owner needs to consider during their brainstorming and planning processes.
Tag: small business working capital advance
What You Need to Know About Merchant Cash Advances
Owning a small business can be an incredible challenge, particularly when it comes to managing the financial aspects of your business and your aspirations for growth. Unfortunately, gaining financing for a new small business is often very difficult. If you haven’t owned your business for at least 2 years and don’t have collateral to put up, you are unlikely to convince a bank to extend a traditional business loan. A small business working capital advance offers you the opportunity to borrow additional operating funds against your future receipts without many of the strict requirements of traditional loan products.
Making your Merchant Account Work for Your Business
Most business owners assume that they are at the mercy of their merchant provider, because they simply need to pay the fees in order to maintain secure transactions for their customers. The truth is that there are many benefits to working with a merchant services provider, and you can begin making your merchant account work for your business.
