Merchant Cash Advance Blog

A lot of ice cream shops and ice cream trucks close down during cooler months due to sales declining during that time of year. Taking time off isn’t an option for every business owner, so here are a few ways to stay profitable during the off-season.

As any small business owner knows, retaining current employees is much more cost-effective than hiring new ones. The time and money spent recruiting, interviewing, and training new employees adds up quickly and can cripple even longstanding companies. Here we've outlined several strategies for retaining top talent at your small business.

Double dipping occurs when a business renews a merchant cash advance while still owing on the original advance. Some less reputable MCA providers will charge fees on the entire renewal or transaction amount, even if you’re just bringing the total back to the original advance amount. This means you may be charged fees on funding you have already been assessed fees on. Whenever you are renewing a cash advance, make sure your provider thoroughly breaks down the terms of your agreement. Practices like this have given the merchant cash advance industry a bad name. 

Mardi Gras is well known in areas of Louisiana, Mississippi, and Alabama for their boisterous celebrations and parades. While New Orleans may be the most famous place for Mardi Gras celebrations, other cities all over the united states take part in the festivities and let the good times roll. Laissez les bons temps rouler!

Quikstone has partnerships with many of the major card processors. Your cash advance repayment can be nearly effortless if you use one of our processing partners, but it is not required. These partners can make it faster and easier for you to receive your daily funds by using a method called split funding.