Merchant Cash Advance Blog

There will be times when your restaurant needs additional cash flow to operate and grow. It's just the nature of the business. Perhaps you've got a slow time of the year and a major expense has come up, or you've had a setback elsewhere and you want to ensure quality doesn't suffer in the kitchen or at the table.  A loan can mean high interest, a complicated repayment plan, and a lengthy process that can be difficult to finish.  Here's what a merchant cash advance can do for any restaurant.

You may have considered a business cash advance to help your business, but rejected the idea. Maybe you don't like the thought of carrying debt, or you aren't sure you can pay it back. What happens if your business has an unexpected downturn? Do you have enough capital to keep your business afloat?

When deciding to seek funding it’s important that you determine whether or not your plans are worth the investment.  While a merchant cash advance offers the flexibility to use the money for what you deem necessary, you should make sure your ideas make good business sense.  In depth research on the possible return on investment of your improvements will increase your chances of seeing the business development you are seeking.  While the reasons to utilize a cash advance are virtually unlimited, there are several things that present the best opportunity for a successful venture.  As a small business owner it’s likely you understand the needs of your business more than anyone from the outside.  Here we’ve outlined some of the best uses of a merchant cash advance.  This is by no means an all inclusive list, but these are initiatives that have proven to be good investments for owners.

Election season can be a time of great animosity and contention between coworkers and families.  Keeping your sense of humor during this time and not allowing it to affect your business is extremely important.  While everyone is sure to have different views on the presidential candidates, enjoying a good laugh is something we all have in common.  As a side note, using humor during this time to market your business and draw in website visitors is also a great idea.  Holding events that revolve around debates and other election events can be a great way to draw in customers.  Be sure not to choose sides as you don’t want to alienate faithful customers.

In 2013 the merchant cash advance market was lending around the $500 million mark.  As of today, that number has increased to well over $3 Billion.  There are many reasons for this.  What was once thought of as a fly by night industry has now blossomed into one of the more popular options for small business owners.  With more options to choose from and stronger competition, the market has weeded out some of the less reputable companies and has become a much more trustworthy option.  Merchant cash advances have many differences from that of a bank loan.  Here we’ve outlined some of the biggest reasons for the rise of the merchant cash advance.