Merchant Cash Advance Blog

While the process is still uncertain, merchants should begin to prepare now.

For many small businesses, the federal Paycheck Protection Program (PPP) proved to be a lifeline that helped them survive the early days of the COVID-19 pandemic. By the end of the application period, 5,500 lenders approved roughly 5.2 million loans totaling $525 billion. The average loan size was approximately $101,000.

The food industry thrives on trends and paying attention to the changing tastes and preferences of consumers is essential in cultivating offerings that fit their demands. Scouring the internet we have identified five trends that are beginning to take hold and are poised to explode over the next year.

While foot traffic has slowed considerably for most small businesses across the country, there are still several ways for your bakery to gain new revenue. Here we take a look at eight ways your bakery can market to other local businesses.

This holiday season is going to be very important to the survival of small businesses across the country and they need our support. While the convenience of big box stores and online retailers certainly has its allure, small businesses often offer the same products, at competitive prices, with an added personal touch. Additionally, many small businesses have made their products available online, making it that much easier to support them.

The auto repair industry has been impacted greatly by sweeping shut downs and the move to work at home models. Travel has been reduced significantly over the past six months, and fewer miles equal fewer repairs. There is hope on the horizon as things begin to open back up. Here we take a look at five trends currently impacting the auto repair industry.