Tag: merchant cash advance

Small business owners are more optimistic about obtaining funding these days. In The Hartford’s 2014 Small Business Success Study, 46 percent believe that it is either “only slightly or not at all difficult” to secure a loan or other financing for their company, a 39 percent jump from just two years earlier. Yet even though more entrepreneurs feel it is easy enough to get funding, more (36 percent) are choosing to use their own personal funds to keep their firms going. Younger business operators […]

Small businesses looking for working capital often have to look to many sources to find all they need. One possible solution for cash-strapped companied could be a merchant cash advance loan. With these loans, borrowers can receive a lump sum of money, which is then repaid from future credit card sales. While a cash advance loan can be very helpful, entrepreneurs need to consider all the risks as well. PROS Easy to Qualify Merchant cash advance loan credit standards are very minimal. Businesses […]

Having poor credit can make securing business financing very difficult, although not impossible. For those facing this challenge, one potential option is the merchant cash advance (MCA).