Merchant Cash Advance Blog

When you own a business, sooner or later you find yourself with a need for cash, fast. Maybe you run a restaurant and the oven breaks, or you just had a slow month and need to cover rent. Most types of business funding take weeks or months to be approved and disbursed, but merchant cash advances can put the cash you need to keep operating in your hands within days.

The economic climate in America is very different from the one that existed a decade ago. The deep recession of 2008 and the failure of several large banks caused the government to change the requirements for how a business can qualify for a bank loan. Although banks have money available to lend and interest rates are low, most small businesses cannot qualify for traditional loans for one of the following reasons:

Business cash advances are becoming more and more popular with businesses that need an influx of cash for working capital, to expand, or to handle an obstacle like replacing expensive equipment. Although traditional bank loans may seem like a preferable option, many businesses are moving away from bank loans to alternative financing for a variety of reasons. 

Small businesses are once again starting to feel great about their local and national economic and financial conditions. 

Since the financial crisis small businesses have been pessimistic about the state of the economy and apprehensive regarding the expansion of their own enterprises. With weak consumer spending, less-than-stellar quarterly gross domestic product growth and uncertainty over the actions of the Federal Reserve, the private sector has been unsure about how to proceed.