Businesses go through all sorts of adversity as they seek to operate. A bad economy may reduce a business's customer base, while a good economy may lead to labor shortages. A key staff member may leave for greener pastures or embezzle funds from the company. Equipment may break or become outdated. There seems to be no end to the problems businesses confront on a daily basis.
While some business adversity is routine and can even be expected, other times devastating things happen that threaten a business's very survival. Even small adversities can have a major negative impact on the business and cause its failure if the owner doesn't have a way to generate cash flow to keep going.
Merchant Cash Advance: A Simple Solution
A merchant cash advance can be a way to solve business problems by providing needed cash flow quickly and conveniently while allowing the advance to be paid back slowly according to daily sales. Unlike bank loans, which rely primarily on credit ratings and collateral, merchant cash advances focus mostly on a trend of strong sales that show the ability to repay the advance.
When adversity knocks a business down, help is sometimes needed to get back up again. Merchant cash advances provide this help through an infusion of cash that can be applied wherever it is most needed. Once the problem is solved, the business can begin to grow again and become even stronger than it was before.
What if This Isn't Your First Problem?
Sometimes it seems that business owners just can't catch a break. Previous problems may have resulted in a black mark on your credit, which will disqualify you for most other kinds of help. Merchant cash advance providers like Quikstone Capital Solutions look at the whole picture, such as whether that previous problem was resolved and whether you are currently up to date on your obligations.
Using calculations and various criteria, it becomes clear that some business owners can have great success if they can only get a little help to overcome very normal business problems like seasonal downturns or supply price fluctuations. Savvy business owners can even use merchant cash advances to avoid problems through investing in marketing or taking advantage of limited time offers that will benefit their businesses.
The bottom line is, merchant cash advances can provide opportunities that many business owners need in order to resolve cash flow problems, and can't get in any other way. If you have cut your expenses as much as you can, but still have negative cash flow, a merchant cash advance may keep you going until things pick up, preventing the business from failing altogether. Note: It is always important to make sure the business is operating under a viable model that can be sustained. Merchant cash advances will not benefit the business if it continues to lose money because of a flawed business model.
Quikstone Capital Solutions has been providing small business owners with merchant cash advances to stabilize and improve their companies for more than 10 years. If you are in need of a cash to cover unexpected costs, or if you’re looking to make long overdue improvements, a merchant cash advance could be right for you. With the ability to quickly qualify and get your money in a timely fashion, there is no more convenient option.
