RapidCapitalFunding small business blog » Posts in 'Working Capital' category

Resolve To Get The Restaurant Financing You Need In 2010

Resolve To Get The Restaurant Financing You Need In 2010

Resolve To Get The Restaurant Financing You Need In 2010

If you need restaurant financing and need it in a hurry, then consider a merchant cash advance from Rapid Capital Funding.

Rapid Capital Funding’s merchant cash advance is a ssmall business loan alternative that’s ideal for restaurants of all types. If your restaurant is based in the US and generates at least $2,500 per month in Visa and MasterCard credit and debit receipts, and you are current on your lease, your restaurant business is likely qualified for a merchant cash advance.

With cash from Rapid Capital Funding, you can do whatever you need to do: remodel your interior space, make repairs, hire new employees, pay taxes or tide your business over during a slowdown in business. Rapid Capital Funding is here to help! Contact us today and let us show you how easy it is to get the working capital you need for your restaurant business!

Photo Credit: Caribb, via Flickr

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Looking For Small Business Working Capital?

Looking For Small Business Working Capital?

Looking For Small Business Working Capital?

The number one concern for small business owners right now is access to working capital. Regardless of whether business is good or bad, access to cash to cover bills, hire workers, upgrade inventory, remodel space, pay taxes or ride out a trough in the business cycle is critical. Unfortunately for small business owners, access to working capital isn’t happening through the banks.

Rapid Capital Funding, one of the nation’s premier merchant cash advance providers in the US, offers rapid access to working capital with its small business loan alternative. By factoring a small percentage of your future credit card sales, you can generate the cash you need for your business right now. Repayment is easy, too.

With a merchant cash advance, there are no minimum monthly payments to make. Each Visa or MasterCard transaction you process is used to help repay the advance. A small portion of each sale is used to pay down your balance, and the rest of the transaction comes back to you.

Your business gets the cash it needs and you get repayment terms you can afford. Contact Rapid Capital Funding today and let us show you how your business can finance its own working capital.

Photo Credit: Tom Byrne, via Flickr

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Merchant Cash Advance Gives Your Business Access To Capital

Merchant Cash Advance Gives Your Business Access To Capital

Merchant Cash Advance Gives Your Business Access To Capital

Cash is hard to find these days. Even with the government’s special small business loan programs, small business owners around the nation are saying that they’re having a tough time getting access to the capital they need to operate their businesses. In fact, more than half of all small business owners say that access to capital is their number one concern.

Even when capital is nominally available, lenders are asking for pledges of security that most small businesses just don’t have. Rapid Capital Funding offers unsecured business loans that will put cash in your pocket today. We offer a rapid application process that can provide your business with an answer in a matter of hours. You get the cash you need to run your business, just like that!

Our merchant cash advance allows you to leverage your future credit card transactions to get the cash you need now. Our merchant cash advance is unsecured, so you don’t need to come up with security, and our repayment terms couldn’t be easier. There are no monthly minimum payments to make. Each time you process a transaction, a small portion of the sale will be used to repay the merchant cash advance and the rest comes back to you.
We use North American Bancard, one of the nation’s largest credit card transaction processors, to assist us – and that means you’ll get the lowest possible rates on credit card transaction processing in addition to getting the cash you need at a great rate.

Contact us today and let us show you how to put your future to work right now!

Photo Credit: Nick Ares, via Flickr

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Why You Should Consider A Business Cash Advance Now

Why You Should Consider A Business Cash Advance Now

Why You Should Consider A Business Cash Advance Now

With the holiday season approaching, you may be looking for additional funding to support your business’ cash flow through the holiday period. You may be looking to increase your inventory or hire some additional help. You can’t do any of these things without having cash on hand, and in today’s tight economy, cash is hard to come by.

At Rapid Capital Funding, we can help. We offer small business loan alternatives that can really make a positive difference in how your business operates. Rapid Capital Funding is one of the nation’s most prominent merchant cash advance providers. We’ve helped businesses all over the country get the financing they need, even when their banks have turned them down.

At Rapid Capital Funding, we look less at your credit history and business plans, and more at your sales history. If your monthly sales receipts include at least $2,500 in credit and debit transactions, you’re likely qualified for a merchant cash advance. We approve about 90% of the businesses that apply, too. If you’ve been looking for a way to finance your business and have been turned down by your bank for a private or Small Business Administration-backed loan, contact Rapid Capital Funding today and let us know how we can help your small business get the cash it needs.

Photo Credit: Gyver Chang, via Flickr

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Existing Home Sales Spur Interest In Home Improvement

Existing Home Sales Spur Interest In Home Improvement

Existing Home Sales Spur Interest In Home Improvement

According to the National Association of Realtors, sales of existing homes jumped by 9.4% in September, notching the highest month-over-month increase in two years. Home sales have been spurred in part by first-time homebuyers who are anxious to take advantage of the one-time $8,000 tax credit. The tax credit program, which ends November 1, provides $8,000 to first-time homebuyers who conclude a sale by November 20, 2009.

The National Association of Realtors is lobbying Congress to continue the program, but to date no moves have been made to extend the closing deadline. Some analyst argue that home sales are being driven more by falling home prices and falling interest rates than by temporary tax credits.

Analysts say that the interest in home purchases and what’s largely viewed as an end to the recession will drive home improvement investments beginning in the second quarter of 2010. Consumer spending on home improvement is expected to remain flat in the fourth quarter of 2009 and the first quarter of 2010, but this is typical of home improvement trends, which typically ebb in the winter months.

For home improvement businesses, the predicted uptick in activity is welcome news. If you own a home improvement business and are looking for working capital to fund projects, hire workers, purchase or lease equipment or expand your service offerings, contact Rapid Capital Funding today. Rapid Capital Funding can provide nearly instant cash for your business. Unlike a bank or other lending institution, Rapid Capital Funding can make funding decisions quickly. Applicants can usually receive capital within 24-48 hours of submitting an application.

Don’t wait until recovery comes to the home improvement business. Contact Rapid Capital Funding today and position your home improvement business to ride high in 2010.

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Small Business Loans Slow In Reaching Main Street

Small Business Loans Slow In Reaching Main Street

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

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Safe Beauty Association Moves To End Unsafe Beauty Salon And Spa Practices

Safe Beauty Association Moves To End Unsafe Beauty Salon And Spa Practices

Safe Beauty Association Moves To End Unsafe Beauty Salon And Spa Practices

The newly formed Safe Beauty Association (SBA) is attempting to educate beauty salon professionals to the dangers of common but unsafe beauty salon practices in an effort to make salon visits safer and more enjoyable. The group is launching a month-long campaign in October to promote hygienic habits among beauty salon workers.

Much of the campaign focuses on helping beauticians and beauty salon personnel avoid injuries to themselves and clients, and eliminate unhygienic practices that could lead to the spread of disease. The group’s initial study also showed that nearly one-third of all beauty salons do not carry public liability insurance, which poses a danger to both clients and salon operators.

If you own a beauty salon and would like to improve or modernize your facility but lack the working capital to do so, Rapid Capital Funding can show you how your own business can finance your business improvement plans. Our merchant cash advance provides the cash you need in a matter of hours and is available to beauty and spa businesses that accept Visa or MasterCard credit and debit transactions.

With a merchant cash advance from Rapid Capital Funding, you can use your future credit card transactions to finance your business right now. There are no monthly minimum payments to make, and your merchant cash advance isn’t dependent upon your credit. Good credit, bad credit or no credit – you can still qualify for a merchant cash advance from Rapid Capital Funding.

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

Photo Credit: John Althouse Cohen, via Flickr

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