Merchant Cash Advance Can Help Your Business Survive

The numbers are staggering; 26 million small businesses are expected to fail by the time this recession ends. February’s Discover Small Business Watch says that 14% of respondents say that they are unlikely to survive this downturn. Forty-two percent of small businesses say they have experienced temporary cash flow problems in the past 90 days.

How will small businesses survive? Businesses that can adapt to their new economic realities are more likely to weather the recession intact than those that don’t. This may mean changing policies regarding minimum orders, aggressively pursuing business from the clients of competitors who have fallen by the wayside, and looking for new opportunities to offer services that customers want and need.

For those times when cash flow is limited, consider a merchant cash advance from Rapid Capital Funding. A merchant cash advance can help you cope with those temporary cash flow problems.

A merchant cash advance provides you with the money you need, based on your future credit card sales. If your business accepts Visa or MasterCard and generates at least $2,500 in credit and debit receipts each month, you’re likely eligible to receive a merchant cash advance of up to 1.5 times your monthly receipts.

Don’t wait to find out if your business will be among the lucky ones that survive this recession. Help guarantee the health of your small business with a merchant cash advance from Rapid Capital Funding.

Photo Credit: Jason Cheever

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