Merchant Cash Advance Blog

More small businesses are starting to realize the advantages that a merchant cash advance has over traditional bank loans.  Some of these include an easier more streamlined application process, faster access to your funds and a payback system based on a percentage of daily credit card sales.  With their rising popularity, more lenders have started to appear on the market.  There are many things to consider when choosing a lender. 

There are more small businesses owned by women than ever before.  From changes in laws to an increased number of women willing to take the plunge, women are taking the small business world by storm.  Not only are there more women that are starting their own businesses, these companies have been largely successful.  Unfortunately, when it comes to funding, women have still had a difficult time securing the cash they need to make their businesses thrive.  Whether or not this is due to gender bias is of course debatable.  What can be said is that with the recent success of women business owners, it is inspiring others to follow suit.  There are many reasons that women actually hold and advantage over men when it comes to running a business.   Here are a just a few reasons women entrepreneurs have dramatically increased their presence in the small business world.

With so many auto repair shops available to customers, it’s important that you know the best ways to market your shop.  Marketing in general has changed dramatically over the last decade due to advancements in technology and social media.  Keeping up with marketing trends is essential for a small business to thrive.  There are many effective ways to get the word out about your business.  If you are looking to remain competitive, you’ll need to take advantage of all of the marketing tools and avenues at your disposal. 

Once your company has passed the start up stage, your focus is sure to turn towards longevity.  While there are no guarantees in today’s business world, there are some best practices you can implement to give your company the best chance to last.  Staying power isn’t something that comes without hard work, it’s important to realize that what you put into your company is more than likely what you’ll get out of it.  Building a company that lasts is not an easy task and takes focus and dedication, without the drive to make it happen, it will be impossible to build a sustainable business.  Here are a few business growth strategies to build the foundation your company needs to flourish well into the future.

Have you been considering a Merchant Cash Advance and trying to sift through and understand all of your choices?  There are several options calling themselves Merchant Cash Advances (MCA). One is known as an ‘ACH loan product’ where a daily ACH debits your business bank account (they are generally not loans, but merchant cash advances in a different package and sometimes referred to as a ‘cash flow loan’).  Another is known as a ‘credit card split processing product’.  Let’s discuss the advantages of the split processing product as opposed to the daily ACH merchant cash advance but, before we get into the differences, answer this question: When was the last time you wrote a paper check?