•
Home Based Business Can Flourish In Tough Economy
Millions of Americans are looking for work, either because they’ve been laid off or have lost regular income in a tough economy. With few employers hiring in most sectors of the economy, enterprising workers are turning to
home-based businesses and self-employment to make ends meet.
In many ways, home based businesses are like other businesses and may have similar needs. While home-based businesses may not have multiple employees, they still require home-based business financing and working capital to operate. When self-employed workers turn to banks or to the Small Business Administration for assistance, they’re often surprised by the fact that they’re being turned down for a small business loan.
Home based businesses, though economically viable, often don’t get the same respect that an office-based business does. If you have a home-based business and are looking for home based business financing, Rapid Capital Funding may be able to help.
Rapid Capital Funding offers merchant cash advances for a wide range of businesses. A merchant cash advance can get you the money you need to make improvements, buy inventory, renovate working space or do whatever you need to do to make your home-based business fly.
Contact Rapid Capital Funding today for more information on merchant cash advances and to find out if your home-based business qualifies.
Photo Credit: Svadilfari, via Flickr
Bookmark it
•
Small Business Loans Slow In Reaching Main Street
For small business owners, one of the greatest challenges is acquiring capital. Although the Small Business Administration was formed to ensure that small business owners had access to low-cost funding,
small business loans have been slow in coming during this recession, leaving many small business owners with little or no cash to fund expansions or ease cash flow problems.
Now, the Treasury Department is working with the Federal Reserve and with private banks to create a $50 billion pool from which small business owners could draw. There’s nothing guaranteed about the creation of the fund, however. The plan is in response to complaints from small business owners that banks are no longer writing SBA loans because credit restrictions prevent them from lending capital to businesses that present any type of risk.
Independently, the Treasury is also working on a smaller, $10 billion loan program for small business owners, but that would require a reallocation of the TARP funds that had been previously set aside for financial stabilization.
Even if the programs are approved, they’re likely to come too late for many small business owners who need operating capital now, and would be forced to scale back or close their doors altogether without immediate access to working capital. The lack of capital availability has forced some business owners to seek out small business loan alternatives to fund their operational and expansion plans.
Rapid Capital Funding offers small business loan alternatives that can put cash into your business accounts in a matter of hours. For more information about how Rapid Capital Funding can help your business thrive in troubled times, contact us today.
Photo Credit: Duncan Rawlinson, via Flickr
Bookmark it
•
Pet Business Financing Can Help Your Business Take Off
Jan Rohrs struck upon an idea while walking her pet. She wanted to create a product that would help pet owners both be responsible and manage the inevitable problem they encounter after cleaning up a mess their pet has left behind. She designed a fashionable waist bag that doubles as a waste bag and keeps bags, both clean and used, out of sight. It also keeps hands free by providing space for keys, a cell phone and other small items dog walkers may want to carry on their trips around the neighborhood.
The bag, called a PooDunki, is made of durable furniture-grade nylon, and is machine-washable. The PooDunki has been available for just over a year and sales are beginning to pick up. Rohrs sells the bags from her home through the product’s Web site.
If you have a pet business, or an Internet-based business and are looking for funding, Rapid Capital Funding may be able to help. Rapid Capital Funding offers merchant cash advances as a small business loan alternative. With Rapid Capital Funding’s merchant cash advance, you can have money for your business – whatever it may be- within days. There is no monthly minimum payment to make and repayment terms are easy.
By selling a portion of your future Visa or MasterCard credit and debit transactions, your business can generate the capital you need to expand, pay bills, modernize your facilities, place large orders or do whatever you need to do to succeed.
Contact Rapid Capital Funding today and let us show you how to put your future credit card transactions to work right now!
Photo Credit: Cliff Hutson, via Flickr
Bookmark it
•
Tavern On The Green Restaurant Owners Fight For Name
The LeRoy family has run New York’s renowned Tavern On The Green restaurant for nearly 40 years, but vows to fight to keep the rights to the name when the City of New York, which owns the building the restaurant occupies, enforces the cancellation of the restaurant’s operating license at the end of the year. The restaurant has been in continuous operation since 1934, and is the second-highest grossing independently owned restaurant in the United States. Its annual gross revenues are estimated to exceed $50 million. Tavern On The Green has been the site of dozens of celebrity wedding receptions and features a number of elegantly appointed dining rooms.
The City of New York denied the restaurant’s operating license renewal and the current occupants of the building must vacate the premises by January 1, 2010. Shortly thereafter, the restaurant filed for bankruptcy protection, but seeks to keep the name. The City of New York says it is the sole owner of the restaurant’s name because the name belongs to the building, and is entitled to award operating rights to others.
Most restaurant owners don’t enjoy the name recognition that Tavern On The Green does, but often experience similar financial problems. If you own a restaurant and are looking for restaurant financing, consider a merchant cash advance from Rapid Capital Funding. A merchant cash advance is the ideal small business loan alternative for restaurants and entertainment venues that collect most of their receipts in the form of credit card payments.
A merchant cash advance can put money in your account to help you manage the unexpected events that would otherwise disrupt your business. Your application can be approved within 24-48 hours in most cases and can provide a welcome stream of cash for renovations, bill payments and to help you manage your cash flow in uncertain economic times.
Contact Rapid Capital Funding and let us show you how to put your future credit card transactions to work for your restaurant today!
Photo Credit: Hmerinomx, via Flickr
Bookmark it
•
Get Seasonal Business Financing
There’s a business for every season and if you’re looking for
seasonal business financing, you might conclude that banks aren’t lending to seasonal businesses right now. You’re right, but banks aren’t lending to anyone right now!
Does that mean your search for small business loans will end poorly? Not if you contact Rapid Capital Funding about our business cash advance. A business cash advance is a small business loan alternative that’s ideal for seasonal businesses.
Typically, seasonal businesses will not fare well in a bank’s decision-making process, partially because all income is earned within just a few months of the year. At Rapid Capital Funding, we don’t mind working with seasonal businesses to get the financing you need when you need it. There are also no monthly minimum payments to make. As your transactions come in, your business cash advance is repaid. A small amount of each transaction is used to repay your advance; the rest comes back to you. It’s the ideal repayment arrangement for seasonal businesses.
If you run a seasonal business and need seasonal business financing, contact Rapid Capital Funding and see what we can do for you today!
Photo Credit: Teresa Sheehan, via Flickr
Bookmark it
•
Internet Business Financing Is Available
isn’t impossible to find, as long as you’re talking to Rapid Capital Funding. So many businesses today that are in search of
small business loans have to deal with the reality that banks simply aren’t lending, even to business applicants with good credit, a good payment history and positive financials.
Rapid Capital Funding’s merchant cash advance can provide funding for your Internet-based business in a matter of hours. A merchant cash advance isn’t like a bank loan, so we don’t treat our customers like loan applicants. Our approval criteria are simple: if your Internet based business accepts Visa or MasterCard and generates at least $2,500 each month in credit and debit receipts, you’re likely to be approved for our small business loan alternative. More than 90% of applicants who meet these criteria are approved. And approval is granted often within 24-48 hours of application.
You won’t wait weeks or months to find out whether your application has been approved; you’ll know in a matter of hours. We review each application on its merits and don’t rely heavily on your credit scores or the overall state of your industry. That gives your own business the best possible chance to qualify for our merchant cash advance.
Contact Rapid Capital Funding and let us show you how you can put your future Visa and MasterCard credit and debit transactions to work for you today!
Photo Credit: Chris Dlugosz, via Flickr
Bookmark it
•
Home-based business financing, small business loans, merchant cash advance
According to the Small Business Administration, more than 24 million Americans are now working at home. A new home-based business is started every 11 seconds. Those new businesses often need financing, but many won’t qualify for bank loans or loans from the Small Business Administration. If you own a home-based business or are thinking of starting one, that doesn’t mean you can’t get the
home-based business financing you need.
It means that you may want to look at alternatives to traditional small business loans, like the financing options offered by Rapid Capital Funding. Rapid Capital Funding can put the cash you need into your pocket right now, thanks to its innovative business cash advance.
If your home-based business accepts Visa or MasterCard, chances are good that you qualify for a business cash advance, which gives you cash up front in exchange for a portion of your future credit and debit card transactions.
With a merchant cash advance, there are no minimum monthly payment to make, which is one reason these small business loan alternatives are so popular. If you’re looking for funding for your home based business, contact Rapid Capital Funding and let us show you how to turn your future transactions into cash today!
Photo Credit: Braden Kowitz, via Flickr
Bookmark it
•
Floral Shop Business Financing Still Available
Florists around the country say they’re experiencing increased competitive pressure from chain grocery stores and larger floral services. The increased competition is making it difficult on local businesses to compete effectively.
In the past, floral businesses were considered “recession-proof.” Not so, say today’s florists. Specialty services like wedding flowers and corporate events are doing well, but ordinary consumers, who account for a significant portion of a flower shop’s total revenues are less willing to purchase flowers from a florist. Instead, they’re turning to grocery stores and other chains that sell inexpensive bouquets. The competition is also making it difficult for florists to get the floral shop business financing they need.
Rapid Capital Funding offers an alternative to small business loans that makes sense, is easy to apply for and easy to repay. Based on your floral business’ credit card sales, Rapid Capital Funding can deliver a merchant cash advance that will put money in your account immediately.
Use the money for anything you need: paying bills, expanding inventory, remodeling existing space or adding product lines. The merchant cash advance is repaid each time you process a Visa or MasterCard credit or debit transaction. A small portion of each sale goes to repay your merchant cash advance, and the rest comes back to your business. You can leverage your future sales to help your business grow, expand and thrive right now.
Contact Rapid Capital Funding today for more information on putting your future credit card transactions to work for you!
Photo Credit: Athena’s Pix, via Flickr
Bookmark it
•
Motel Business Financing: Looking For a Small Business Loan?
If you operate a motel business, you know that financing can be hard to come by. In addition, municipalities often turn to hotels and motels to make up for shrinking revenues. That raises the cost of travel, which in turn, has a negative impact on your bottom line. To make matters worse, many banks have stopped issuing small business loans regardless of the state of the applicant’s finances. All of this adds up to make things tough on business owners looking for hotel and motel business financing.
Rapid Capital Funding offers hotel and motel business financing without all the hassles you may get when applying for a small business loan from a bank. At Rapid Capital Funding, our goal is to make getting cash for your hotel or motel business easy. We do this by offering a merchant cash advance to businesses that accept Visa and MasterCard credit and debit payments.
With a merchant cash advance from Rapid Capital Funding, you sell a portion of your future credit card transactions to Rapid Capital Funding in exchange for cash up front. Your advance is repaid each time you process a credit or debit transaction. A small portion of each sale goes to repay your advance and the rest comes back to you. There are no monthly minimum payments to make and your repayment schedule follows your business patterns. When sales are up, your advance is repaid faster; when sales are down, your repayment slows down too. It’s the ideal small business loan without the small business loan hassles you get from a bank!
Contact Rapid Capital Funding today for more information on how you can put your future credit card transactions to work right now!
Photo Credit:
Bookmark it
•
Try A Home Based Business Franchise
As a rule, recessions are good for franchising. High unemployment coupled with a desire to have more control over work life are two reasons that franchises become so attractive, especially during poor economic times. The home based franchise is a special category that affords the ability to work a home based business and gives the security of a franchise operation at the same time.
If you operate a home based business, or are looking to open or expand a franchise business, financing will be among your chief concerns. Banks may be unwilling or unable to finance you franchise operations, but that doesn’t mean you can’t find the franchise business financing you need to take your business or your home based business to the next level.
Rapid Capital Funding can provide you with the working capital you need to run your business, even when you can’t find a small business loan from a traditional lender. If your business accepts Visa or MasterCard, your business likely qualifies for a small business loan alternative from Rapid Capital Funding.
Contact us today for more information on how you can get the franchise business financing or home based business financing you need.
Photo Credit: DBKing, via Flickr
Bookmark it