Posted on July 2nd, 2009 by Author
Visa and SCORE launched an online tools for small business owners. The tools include business guidance on topics ranging from securing funds to managing cash flow. SCORE (Service Corps Of Retired Executives) is a non-profit association, a resource partner of the Small Business Administration, that has volunteers mentoring owners of small businesses all across the [...]
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Filed under: Alternative Capital, Business Cash Advance, Business Tools, MasterCard/VISA
Posted on June 18th, 2009 by Author
When the holiday or vacation season coincides with economic contractions and tight credit, no one feels it more than restaurant owners. By using merchant cash advances, US Business Finance Corp finds restaurateurs are able to keep the doors open and avoid the tight credit markets. Many restaurants have turned to alternative business financing when their [...]
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Filed under: Alternative Capital, Business Cash Advance, MasterCard/VISA, National Economy
Posted on June 11th, 2009 by Author
Merchant cash advances are proving to be an alternative business financing avenue allowing small business owners to dodge the tightening credit markets. Tight credit markets are affecting the national economy and hampering many companies’ ability to carry on business as usual. CFO magazine reported that many business owners are finding “it costs more to borrow; [...]
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Filed under: Alternative Capital, Business Cash Advance, MasterCard/VISA, National Economy
Posted on March 27th, 2009 by Author
Teleconferencing companies have turned to merchant cash advances to take advantage of their expanding market. With many businesses reducing employees’ travel, teleconferencing companies have benefited with the credit card sales of multimedia equipment for teleconferencing and videoconferencing. Needing to purchase inventory, software and increase their server infrastructure to handle the surge in business, teleconferencing companies [...]
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Filed under: Alternative Capital, Business Cash Advance, Business Cash Flow
Posted on February 25th, 2009 by Author
Small businesses relying on traditional loans from banks are suffering in the ongoing economic downturn. However, companies that explored alternative business financing venues have been able to avoid the tight credit markets and keep operating, and even growing, using merchant cash advances.
The Federal Reserve’s Senior Loan Officer Opinion Survey reported that 75% of the surveyed [...]
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Filed under: Alternative Capital, Banking Industry, Business Cash Advance, National Economy
Posted on February 19th, 2009 by Author
While banks seek federal bailout funds to stay in business, merchant cash advance companies continue to make sunshine in the form of company cash advances so businesses can make hay … or sales or needed infrastructure upgrades or inventory increases.
While banks suffer from the repercussions of making loans to the wrong people, merchant cash advance [...]
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Filed under: Alternative Capital, Banking Industry, Business Cash Advance, National Economy