Cash Flow Is King For Small Businesses

In a good economy, small businesses can afford to let a few customers slide when it comes to paying bills on time. In a tight economy, late payments cascade through the system, impacting not only the small business that isn’t getting paid, but also its vendors and suppliers, who may have to wait for payment. One or two late payers can turn an efficient small business into another late payer.

When regular collection methods don’t work, one potential solution for small businesses is to consider a merchant cash advance. A merchant cash advance from Rapid Capital Funding allows you to get the cash you’re owed now and repay it when the cash actually arrives.

By putting cash into your hands right now, a merchant cash advance from Rapid Capital Funding can help your business break the potentially catastrophic cycle that delayed payments from customers can set up. A merchant cash advance is ideal for businesses that accept Visa or MasterCard and have credit card sales of at least $2,500 per month. Rapid Capital Funding collects repayment as transactions come in, along with a small fee. As a business owner, you can pass that fee on to the late-paying client(s). Your business doesn’t suffer because your customers are late in paying their accounts.

A merchant cash advance isn’t a loan. There are no monthly bills to pay, which makes it a convenient way to get cash fast. Most merchant cash advances can be completed within just a few business days. Better than that, 95% of merchants who fit the basic advance criteria are approved for advances, even those with less-than-perfect credit.

When you need cash for your business, you need Rapid Capital Funding!

Photo Credit: Jypsygen, via Flickr

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