Merchant Cash Advance Blog

Once you've been in business for a few years, you may feel like you've gotten to a good place. If your small business is doing well, establishing a client base and making some profit, you should feel pretty good about the way things stand. Many small businesses fail, and yours is growing and supporting itself from month to month and year to year.

Still, you have goals and plans. You're not one to be happy with the status quo. There's no "good enough" in your vocabulary. You want to grow and take over more market share with each passing month. And while you're working diligently to accomplish these goals, you should consider every tool that could help you get there even faster.

The best use of a business cash advance is to grow your business. Businesses that don't grow are in danger of failure, but maximizing your business cash advance will ensure that you end up in a better position after repayment than you were in before.

As economic conditions have made it more difficult to get business financing, business cash advances have increased in popularity while they have decreased in cost and risk. Today's business cash advance providers do their best to act responsibly for the benefit of business owners as well as themselves. They recognize that no one benefits when owners can't afford to pay back an advance.

Merchant cash advances are useful for businesses that need cash for marketing, to expand, or to accomplish other business growth goals. There are many different business models and types of businesses in today's marketplace that can benefit from merchant cash advances, including unusual ones that don't typically come to mind.

Some businesses are seasonal, which means they have a busy season and a slow season. For some, summer slowdowns are fairly predictable, while for others there really isn't a rhyme or reason. Summer slowdowns can impact businesses like restaurants outside major vacation destinations, Christmas-themed stores, and sellers of wood stoves and fireplaces, for example. Even businesses that aren't seasonal may have slower times in summer with people going on vacation or spending time at the beach or pool instead of shopping.

Far from putting your business at risk, a business cash advance can actually decrease the risk of failure for business. In fact, taking advantage of the cash advance funding that your hard work has qualified your business for could actually save a struggling business by helping it to grow into a thriving one.