2019 Merchant Cash Advance Blog Year In Review

Jan 3, 2020

2019 Merchant Cash Advance Blog Year In ReviewHere at Quikstone Capital we aim to fill our merchant cash advance blog with valuable content aimed at helping small businesses grow.  We cover a variety of topics focused on the restaurant, retail, salon and auto repair industries.  Here are a five of our most popular blog posts from 2019.

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Topics: Merchant Cash Advance, Small Business

The Risks And Benefits Of A Merchant Cash Advance

Dec 20, 2019

The Risks And Benefits Of A Merchant Cash AdvanceAcquiring the funding you need to grow your business can be a difficult and nerve-wracking experience. Bank loans require a lengthy approval process with many different requirements.  Alternative lenders can speed that process up, but there are risks when dealing with a relatively unknown entity. Working with a reputable merchant cash advance lender can make this experience much more palatable and allow you to focus on business growth. Here we explore some of the risks and benefits associated with a merchant cash advance.

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Topics: Merchant Cash Advance

Disaster Preparedness For Your Business: Are You Ready To Weather The Storm?

Sep 25, 2019

,Disaster Preparedness For Your Business: Are you Ready to Weather The Storm?Are you ready for the next disaster? Lately, it seems like superstorms and natural disasters of all varieties are occurring at an exponential rate. It’s safe to say that a lot of people and businesses typically flow with the mindset that “It won’t happen to me.” Instead of being complacent with your disaster recovery plan, now is the time to prepare so you are ready for anything mother nature may bring your way.

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Topics: Merchant Cash Advance

Avoid Double Dipping With The Right Business Capital Lender

Aug 23, 2019

Avoid Double Dipping With The Right Business Capital LenderDouble dipping occurs when a business decides to renew a merchant cash advance while still owing on the original loan. Some less reputable lenders will charge interest on the full loan amount, even if you’re just bringing the total back to the original loan amount. This means you may be charged interest on funding that you have already been assessed interest on. Whenever you are renewing a cash advance, make sure your lender thoroughly breaks down the terms of your agreement. Practices like this are what have given the merchant cash advance industry a bad name.  Just like any other business partnership, you need to align yourself with an honest and reputable lender when seeking business capital. Make sure you read and understand any and all contracts that you sign and that you can account for every dollar being repaid. Double dipping can cost a small business owner tens of thousands of dollars. Since you’re looking for funding in the first place, this is a hit few owners can withstand. Here’s what to look for in a business capital lender.

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Topics: Business Cash Advance, Merchant Cash Advance

Capital To Help Your Small Business Grow

Aug 14, 2019

Capital To Help Your Small Business GrowThere are a variety of reasons a small business owner will seek funding. Whether it’s to pay bills, renovate your physical storefront, implement marketing campaigns, or take advantage of seasonal inventory opportunities, a merchant cash advance may be right for you.

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Topics: Merchant Cash Advance