Recession Changes Everything – Even Shoes

If you’re in the shoe store business and thought that high-value brands were out of your reach, guess again. Jimmy Choo, one of the swankiest brand names in women’s shoes, now says that it will create a pair of pumps that will sell for less than $50. That’s quite a drop from the average $550 price tag for a pair of Choos.

The lesson here for small businesses is important, though. The recession has hit retailers hard and consumers, more now than ever before, will part with their cash only for real bargains. If your small business offers high-value items, you may consider expanding your line to include lower-priced items. If you need working capital to make your expansion plans take off, consider a loan alternative from Rapid Capital Funding.

If your business generates more than $2,500 in Visa or MasterCard receipts each months, you’re likely qualified for a merchant cash advance. As a loan alternative, a merchant cash advance makes a lot of sense for businesses where credit card transactions make up 80% or more of gross monthly receipts. This loan alternative is great for generating shoe store business financing, capital for restaurant businesses, gas stations and other similar businesses.

Contact Rapid Capital Funding today and see how you can get the working capital you need to take advantage of consumer buying preferences during these tough economic times.

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Looking For Retail Business Financing: Try A Merchant Cash Advance

Last month, Advanta, an underwriter of private label small business credit cards, suddenly terminated loan arrangements with its retailers, including Office Max. The move means that Office Max can no longer accept its own credit cards, and is an indicator of how tough things are getting for small businesses who are looking for credit. For small businesses that depend on business credit cards, underwriting standards are tightening and owners are finding that they have less credit available. If you’re looking for retail business financing, Rapid Capital Funding offers a small business loan alternative that can put cash in your pocket today.

A merchant cash advance from Rapid Capital Funding enables you to sell a portion of your future credit card transactions for cash up front. Credit card factoring is ideal for small businesses because the business loan alternative doesn’t depend upon your credit, or the credit your business has established. If you generate at least $2,500 in Visa or MasterCard credit or debit receipts each month, you’re likely qualified for a merchant cash advance.

You can get the money you need to pay bills, expand your business, hire additional staff, expand your product offerings, or do whatever you have in mind. There are no restrictions on how you use the money, and there are no minimum monthly payments to make. As your transactions come in, a small portion of each sale is used to repay the merchant cash advance, and the rest comes back to you.

Don’t assume that you can’t get the retail business financing you need in a down economy. Contact Rapid Capital Funding and see how you can put your future credit card transactions to work for you today.

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Restaurant Financing: Small Business Loan Alternative

Quick! What’s the next Big Thing in the restaurant business? Comedy. Business at comedy clubs has been on a tear compared to businesses at other types of restaurants. Cover charges are usually nominal – about $10-$15 per person – and it adds up to affordable entertainment, even during a recession.

Comedy clubs range in service level from full restaurants and nightclubs to simpler establishments that serve popcorn or chips and drinks, both alcoholic and non-alcoholic. While not 100% recession –proof, entertainment venues typically do well during downturns.

If you’re looking for restaurant financing to expand your business, consider a business cash advance from Rapid Capital Funding.

A business cash advance is a small business loan alternative that makes sense for businesses where credit and debit cards figure into 808% or more of all transactions. With a business cash advance from Rapid Capital Funding, you can use the proceeds for anything you want: remodeling, expanding, promotion and marketing, hiring - you name it, the cash is yours.

With a business cash advance, there is no monthly minimum payment, either. You sell a portion of your future credit card transactions for cash up front. As your transactions come in, a small portion is redirected to pay the business cash advance back to Rapid Capital Funding. The rest is returned to you. Your monthly payment depends upon the transactions you process. When business is good, your advance is repaid faster; when things slow down, so does your rate of repayment.

Few small business loan alternatives make as much sense as a merchant cash advance from Rapid Capital Funding does. Contact Rapid Capital Funding today and see what a business cash advance can do for you.

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Real Estate Business Financing: Business Cash Advance

Real estate sales are off substantially, and market values have plunged in some areas by 50% or more. Foreclosures are rising throughout the United States and look to continue through 2009. Don’t let all this gloom and doom make you think that there is no money in real estate, though. Opportunities in real estate abound, but you need to be savvy about where you find your opportunities and how you make them work for you.

Financing for real estate loans is hard to come by right now, even with loan guarantees from the Obama administration. Many people are choosing to rent as an alternative, even though the cost of buying hasn’t been this low in years. In addition, homeowners who are desperate to sell their homes are turning to staging companies to make their homes look their best for prospective buyers.

If you have a real-estate oriented business, you may assume that real estate business financing isn’t readily available. You can get the financing you need through a business loan alternative known as a business cash advance.

If your real estate-related business accepts Visa or MasterCard as payment, you’re likely qualified for a business cash advance if you generate credit and debit receipts of more than $2,500 per month. There’s no long application process, no minimum monthly payments to make and no collateral to put up.

With a business cash advance, you simply sell a portion of your future credit card transactions for cash. The business cash advance is then repaid as the transactions come in. Only a small portion of each transaction is used to repay the business cash advance, so you’re not left empty-handed. You’ll have the cash you need to run your business throughout the entire process.

Contact Rapid Capital Funding today and let us show you how to put your future sales to work today!

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Optical Store Business Financing: Small Business Financing

Optical stores are becoming a favorite target for thieves. Eyeglass frames are typically expensive, yet small and easily concealed. In addition to losses from shoplifting, some optical stores are also becoming targets of armed robbers.

Most optical stores are independent private businesses, though some franchises exist. The thefts are extremely tough to manage for businesses that are already hurt by the recession. Optometrists and opticians report that business is exceptionally slow, as people try to make due with the glasses they have.

For optical businesses looking to expand in these tough times, optical store business financing is available through Rapid Capital Funding. If your optical business accepts Visa and MasterCard payments, you’re likely qualified for a loan alternative known as a merchant cash advance.

Small business financing is readily available when you work with Rapid Capital Funding. A merchant cash advance enables you to sell a portion of your future credit card transactions in exchange for cash right now. Use the cash for whatever your business needs: supplies, remodeling, modernization, expansion, hiring new staff or anything else that will make your business run the way you want it to.

This loan alternative is ideal for small, independent operators who are looking for optical store business financing but can’t get banks and other lenders to respond. Small business financing has never been easier than it is with Rapid Capital Funding today. Contact us now and let us show you how to put your future credit card transactions to work today.

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Minority Business Loans: Business Loan Alternative

Stockton, CA recently raised eyebrows when it announced that it would again consider the race of the owner of small businesses as a factor when the city awards federally funded transportation contracts. The city has established minority participation goals that will encourage minority businesses owned by African Americans, Native Americans, Asian Americans and women to apply for transportation contracts issued by the city.

The study determined that minority businesses were not getting an appropriate share of transportation contracts through the CalTrans bidding process, and has adopted new award guidelines that consider race as a factor, following a 2006 ruling by the US 9th Circuit Court of Appeals. Often, the primary contractor on a project will subcontract work to minority firms, but one major problem continues to be access to minority business loans for such firms.

Rapid Capital Funding provides minority businesses with fast access to cash through a business loan alternative known as a merchant cash advance.

A merchant cash advance enables minority businesses to sell a portion of their future credit card transactions in exchange for cash up front. As a business loan alternative, a merchant cash advance doesn’t require good credit, minimum monthly payments, a long approval process, collateral or personal guarantees.

It’s the ideal funding mechanism for businesses that have been turned down for minority business loans. You may be able to get the cash you need for your business from Rapid Capital Funding.

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Internet Business Financing: Loan Alternative

Today’s retailers understand that the Internet represents a new opportunity to reach markets that may have been closed to them in the past, but having an Internet presence that meets the customer’s needs takes more than just a little IT help. If you’re a traditional retailer, but you want to expand your business to include Internet sales, you may be looking for Internet business financing.

Rapid Capital Funding offers a loan alternative that will provide the working capital you need to establish your Internet business.

If you already accept Visa or MasterCard from your traditional retail customers, Rapid Capital Funding can put cash in your pocket within hours of your application. Good credit, bad credit or no credit – none of that matters. If your business accepts Visa or MasterCard and generates at least $2,500 monthly in credit and debit card transactions, you’re likely qualified for a merchant cash advance from Rapid Capital Funding.

Unlike some business cash advance providers, Rapid Capital Funding considers each application individually. We don’t rely on industry data to make our funding decisions. Each applicant gets the benefit of our individualized analysis, because we recognize that individual businesses have what it takes to succeed even when their industries as a whole are not performing well.

Contact Rapid Capital Funding today to learn more about this loan alternative, and how it can provide the working capital you need to get your Internet business up and running.

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Home Based Business Financing: Merchant Cash Advance

Unemployment figures for the month of May 2009 show that an additional 345,000 people are unemployed and seeking work. In a tough economy, where only 10 percent of employers say they plan to add jobs before the end of 2009, some entrepreneurs are looking at the possibility of starting a home-based business. As some government economists predict that unemployment may reach 11 percent before the recession ends, the search for home-based business financing has intensified.

The Small Business Administration has changed its guarantee level for SBA-backed loans, but this has not had the intended effect of jump-starting small business lending. Rapid Capital Funding offers a small business loan alternative known as a merchant cash advance.

A merchant cash advance enables small business owners to sell a portion of their credit card transactions for cash up front. As a small business loan alternative, a merchant cash advance makes sense for businesses that accept a high number of credit card and debit card transactions. With a merchant cash advance from Rapid Capital Funding, there are no monthly minimum payments to make, no collateral to put up and no personal guarantees to make. Even businesses with less-than-perfect credit can be approved for a small business loan alternative.

For small business owners looking for home based business financing, Rapid Capital Funding can provide a small business loan alternative that doesn’t require the same qualifications that a bank or the Small Business Administration will require. For small business owners, being able to get home based business financing may mean the difference between looking for work and getting back to work.

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Financing For High Risk Businesses: Small Business Loan Alternative

The Small Business Administration announced last week that it will begin disbursing emergency loans to certain small businesses. Under the program, the SBA will make only 10,000 such loans, leaving many small business owners to look for other sources of financing for high risk businesses.

As part of the American Recovery Capital program, businesses that meet certain criteria can receive up to $35,000 in SBA loans designed to help struggling businesses pay debts, leases and notes. To qualify, a business must have experienced a 20% drop in sales, revenue or working capital, been in business for at least two years and employ no more than 500 persons companywide.

Through SBA-approved lenders, the Small Business Administration will administer the program. Lenders may not charge fees on ARC loans and the SBA pays the interest on the loan. The interest rate for these loans is set at the prime lending rate plus 2%, and is fully guaranteed by the SBA. Borrowers are not required to make any payments on the loan for 12 months following receipt of the cash, but the loan must be repaid within five years, once payments begin.

According to SBA estimates, as many as 30 million small businesses in the US may qualify for the loan program, but the limited amount of available cash means that ARC loans will be unlikely to provide a significant boost to most struggling small businesses.

For business owners who are looking for a viable small business loan alternative, Rapid Capital Funding offers a business cash advance program that can put cash in your account within hours of receiving your application.

With a business cash advance, you can pay bills, expand your business, remodel your business space, purchase or lease new equipment, make needed repairs or do whatever else you like. There are no restrictions on how you spend your merchant cash advance. There are also no long application forms to fill out, excessive documentation to provide, personal guarantees to make, or minimum monthly payments to worry about.

About ninety-five percent of businesses that accept Visa or MasterCard and have monthly sales volumes of $2,500 or more qualify for a business cash advance. Businesses with bad credit qualify, too. Contact Rapid Capital Funding today for more information on how a business cash advance can put money in your pocket.

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Furniture Business Financing: Business Cash Advance

The recession may be slowing according to some hopeful news from certain retailers in the first quarter of 2009. Sales increased at home improvement retailers, apparel stores and grocery outlets. On the minus side, retail sales fell for online, general merchandise, electronics and furniture stores. Despite softness in the retail furniture business, furniture business financing is still available from Rapid Capital Funding.

Rapid Capital Funding offers a business loan alternative known as a merchant cash advance.

Use the merchant cash advance in any way you want. Use it to acquire new merchandise lines, remodel furniture showrooms, improve furniture delivery, pay bills or whatever you need to keep your business strong during these economically tough times. Merchant cash advances put cash in your pocket today.

This business loan alternative doesn’t require a lengthy application process, no long waits for approval, or reams of documents from your business. You also won’t get saddled with a minimum monthly payment. With a merchant cash advance, you sell a portion of your future credit card transactions to Rapid Capital Funding in exchange for cash right now. As each Visa or MasterCard transaction is processed, a small portion of the sale is used to repay your merchant cash advance. The rest of the sale is returned to you as normal.

Ninety-five percent of merchants who apply for a merchant cash advance are eligible to get one, and about three out of four merchants take a second merchant cash advance once their first advance is repaid. Why? Because the money is available and affordable, and the terms are easy to manage. Don’t worry about whether or not you’ll be able to survive the recession. Contact Rapid Capital Funding today and let us show you how you can get the furniture business financing you need right now.

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