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Shoe Store Business Financing Steps Up
There are certain things people need all the time, recession or not. For these items, consumers may alter their consumption to buy less, or less expensive versions of a needed product, but they don’t cut out the product altogether. Clothing and shoes fit this bill. Buying good shoes can be expensive, but new discount shoe outlets are cropping up around the country, offering low cost shoes.
Shoe store business financing - or any
small business financing for that matter, isn’t easy to come by these days. If you’re considering opening a retail store – and you’re not alone in starting a new business during a recession – a
loan alternative called a business cash advance can get you the cash you need to run your business in lean times.
Low cost shoes are highly appealing right now. In good times, people spend more for designer shoes. In lean times, however, people still need shoes they can wear every day. Low cost shoes don’t have the profit margin that designer shoes do, but even the big design houses are creating low cost lines to appeal to budget conscious consumers.
For the retailer in search of small business financing, a business cash advance can provide the shoe store business financing you need to get moving or keep moving. With this loan alternative, you sell a portion of your future credit card transactions for cash. A small portion of each credit card transactions is used to repay the loan alternative, and the rest comes back to your business.
A business cash advance makes sense for businesses that have a high volume of credit card sales and offers you the flexibility of borrowing against your future transactions and repaying the business cash advance at a rate that makes sense for your business. With a business cash advance, there are no minimum monthly payments you need to make. Think of each transaction as a “mini-payment” you make when you make a sale.
Contact Rapid Capital Funding today for more information on a business cash advance, and how you can put this loan alternative to work to get the shoe store business financing you need!
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CIT Bankruptcy Could Seriously Disrupt Retail Business Financing
has been rocked in the past two weeks, with news that major retail financer CIT is working to avoid bankruptcy. A bankruptcy at CIT would disrupt funding for retailers and small businesses just as these organizations are getting ready to go into the holiday shopping season. CIT is one of the nation’s largest factoring services. Factoring allows vendors to their accounts receivable for cash up front, guaranteeing that the vendor will get paid for its goods. CIT figures prominently into the vendor’s ability to get goods into stores in a timely way.
Who would be hurt by a CIT bankruptcy? Just about everyone, from giants like Walmart and Target to small retailers and restaurants. Even for vendors that don’t use CIT’s services, a bankruptcy would have a chilling effect as vendors may demand up-front payments for goods shipped to retailers, restaurants and other small businesses.
A business loan alternative known as a merchant cash advance puts the power of factoring directly to work for retailers. With a merchant cash advance, a business owner can sell a portion of his future credit card transactions to a factor, like Rapid Capital Funding. The cash can be used for anything – including paying for inventory. The business loan alternative is repaid as the sales come in. A portion of each transaction is used to repay the merchant cash advance, and the rest is returned to the retailer.
Should the unthinkable happen – a bankruptcy at CIT – merchants who seek out a merchant cash advance will still have the ability to pay for their holiday inventory. A merchant cash advance can be arranged in a matter of hours, and doesn’t rely on the credit rating of the retailer. Good credit, bad credit or no credit, your store shelves will still be full during the holiday season, thanks to a merchant cash advance business loan alternative from Rapid Capital Funding.
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Optical Store Business Financing: Small Business Loan Alternative
A recession is a “make-or-break” proposition for most businesses. Businesses that have the cash they need to cover themselves in recession survive; those that don’t close up shop. If you own or operate an optical store and are looking for
optical store business financing to help you ride out the recession, look no farther than Rapid Capital Funding’s
business cash advance.
Competition is fierce in today’s optical business. The good news is that the industry is growing, showing a modest gain of .002% in 2008. Discount retailers are a big part of that growth as consumers look for value in eyeglasses. Some online retailers are offering eyeglasses for as little as $8 per pair.
If you’re looking to add discount services to your product mix, but need working capital to make that happen, consider a business cash advance as a small business loan alternative. A business cash advance will provide the money you need to expand your business, pick up new lines or inventory and remodel your space.
With a business cash advance, you use your future credit card transactions to finance your business today. Rapid Capital Funding will purchase a small portion of your future sales for cash up front. As your transactions come in, a small portion of the sale goes to repay the advance. The rest comes back to your business. It’s a great way to “self-finance” to get the cash you need.
Rapid Capital Funding can approve your application in a matter of hours, so you can get the optical store business financing you need today to take advantage of the latest consumer buying trends.
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Internet business financing small business financing
What makes the Internet so interesting to entrepreneurs? The Internet provides a viable medium for small, specialty and niche businesses to compete with larger market players. If you’ve got a business and are looking for
Internet business financing, look no farther than the
small business financing specialists at Rapid Capital Funding.
Rapid Capital Funding offers a loan alternative known as a merchant cash advance that’s ideal for small businesses that want to compete on the Internet with larger or more established firms. A merchant cash advance enables you to factor your future credit card transactions now. You get the cash you need up front and incredibly easy repayment terms.
With a merchant cash advance, there are no monthly minimum payments to make. Each transaction helps to repay your merchant cash advance. When business is good, your advance is repaid faster. When business slows down, so does the rate of repayment. It’s an outstanding repayment plan for small businesses that are looking for Internet business financing or small business financing.
A merchant cash advance doesn’t even depend upon having good credit. You can still qualify for a merchant cash advance even if your credit is poor. If your business accepts Visa or MasterCard and generates at least $2,500 per month in credit and debit receipts, you’re likely qualified for a merchant cash advance from Rapid Capital Funding.
Contact Rapid Capital Funding today and see how you can put your future credit card transactions to work for you today!
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Cell Phone Store Business Financing:Small Business Loan Alternative
If you operate a
cell phone store business financing, your competition may get a little stiffer in the near future. Electronics giant Best Buy plans to open 40 stand-alone cell phone retail outlets this fiscal year. Best Buy Mobile stores are expected to quintuple the retailer’s share of the cell phone market which now stands at just 3%. Even at 3%, that share is nearly double its market share in 2007 of 1.9%. The company became the first major retailer to sell Apple’s iPhone and opened its first Best Buy Mobile store just last year.
Cell phone sales are expected to grow and are one of the few bright spots in the consumer electronics market. Rapid Capital Funding offers a small business loan alternative called a business cash advance that’s ideal for small business owners. The business cash advance gets you the money you need to expand your inventory, open new stores, hire new employees and offer innovative services. Best of all, you can get the cash you need in a matter of hours, not the weeks or months it could take a bank to respond to your loan application.
Our small business loan alternative is designed for businesses with good, bad and no credit. Our lending decisions are based more upon your sales volume than they are upon your credit. And unlike a bank, we’re ready to take on risk right now. That’s why small business owners are flocking to Rapid Capital Funding to get the business financing they need to survive and thrive in these difficult times.
If you accept Visa or MasterCard and generate at least $2,500 per month in credit and debit receipts, you’re likely qualified to receive a business cash advance from Rapid Capital Funding. We have a 95% approval rate, much higher than other business cash advance providers. With Rapid Capital Funding’s business cash advance, you’re just hours away from the cash you need to make your business fly!
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Bar And Nightclub Business Financing Business Cash Advance
Many bar and nightclub owners have already figured out that recessions aren’t necessarily bad for business. One group of nightclubs in Chicago is experiencing a 15% increase in customer volume over last year. The nightclubs all occupy a single block and the owners have found that their clubs’ popularities have increased because prospective patrons know that they can find a party they like among the group of three nightclubs, all of which cater to different crowds. While per-person check averages are down, the increase in the number of customers means that these clubs are doing fine.
If you’re looking for a ready source of bar and nightclub business financing to expand your business, remodel or retool your business model, consider a business cash advance from Rapid Capital Funding. With a business cash advance, you can get the funding you need to expand your business, deliver improved service, rework your menu or drink offerings, or do whatever you need to improve your customer volume.
Rapid Capital Funding offers a business loan alternative that’s ideal for businesses whose credit and debit transaction volume exceeds 80% of its gross receipts. With a business cash advance, you sell a portion of your future Visa and MasterCard transactions. As the transactions are processed, a portion of each sale goes to repay your merchant cash advance. The rest comes back to you. There is no monthly minimum payment to make, no collateral to put up and no payment guarantees. You get the cash you need within hours of applying for it, and your business cash advance is repaid each time you process a credit card sale.
There is no simpler way to get the bar and nightclub financing you’re looking for than a business cash advance from Rapid Capital Funding.
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Automotive Business Financing: Small Business Financing
It’s no secret that the auto business is in a tough spot these days. One group of auto repair shops in New Jersey faced a difficult choice last week: pay $8,000 for new equipment or lose the right to issue state motor vehicle inspections. For many shop owners, the $8,000 bill was a hard hit. In most cases, when state inspection shops need new equipment, the state provides a financing deal that enables repair shops to pay for the new equipment over time. Not this time. Shops without the money or without private
automotive business financing found themselves on the outside looking in.
The State of New Jersey recently renewed its contract with Parsons Commercial Technology of California. The state’s agreement with Parsons allows Parsons to demand full payment up front for upgrades to the state inspection equipment delivered by a third-party supplier. The equipment is not yet available and many shop owners are unable to finance the purchase.
For businesses in such circumstances, Rapid Capital Funding provides a loan alternative known as a merchant cash advance. For small business financing nothing compares.
A merchant cash advance enables you to sell a portion of your future credit card transactions for cash up front. Use the cash for anything you need for your auto business. Financing purchases of new equipment, space remodeling, training or hiring can all be done with the proceeds of this loan alternative. As your Visa and MasterCard transactions are processed, a small portion of each sale goes to repay the merchant cash advance. The rest comes back to you. It’s a hassle-free, stress-free way to get the money you need to keep your auto business running right. Contact Rapid Capital Funding for information on putting your future credit card transactions to work for you today!
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Liquor Or Party Store Business Financing: Business Loan Alternative
Liquor stores are still doing well in the recession. According to
liquor store business owners, shoppers are still buying alcohol and spending about the same as they have in the past, but are showing a preference for the less expensive brands. As an added boost, more customers are dining at home, and using liquor to add a special touch to meals.
Liquor store businesses are also reporting that their customer base is expanding, which has erased what would otherwise be losses from reduced spending. The figures are more than anecdotal; the State of New Jersey reports that its liquor tax revenue increased from $100 million in 2005 to $104 million in 2008.
Why are people drawn to liquor in a recession? In an Interview with the Newark Star-Ledger, Lew Rothbart, the Executive Director of the New Jersey Licensed Beverage Association says that a wide variety of choice among alcoholic beverages enables it to ride out recessions easier than many other non-essentials.
For owners who are looking for liquor store business financing to expand or enhance their operations, consider a merchant cash advance from Rapid Capital Funding. A merchant cash advance is a business loan alternative designed with small business in mind.
There are no monthly minimum payments to make, no collateral to put up and no personal guarantees associated with this business loan alternative. You get the cash you need up front by selling a portion of your future credit card transactions to Rapid Capital Funding. As the transactions come in, you repay your merchant cash advance with a small percentage of each sale. The rest is returned to you.
You can get the financing you need often within hours of submitting your application. Our funding decisions are fast because we don’t need a lot of paperwork to evaluate your application. Whether you have good credit, bad credit or no credit, your business is likely qualified for a merchant cash advance if you generate more than $2,500 per month in Visa or MasterCard receipts. If only bank loans were this simple! Contact Rapid Capital Funding today and get the liquor store business financing you need now!
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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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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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