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Automotive Business Financing Is Available!
If you pay attention to the news, you know that the auto industry is down on its luck. That doesn’t mean that the hundreds of thousands of automotive support businesses are in trouble, though! Most consumers are keeping their vehicles in service longer. Right now, the average age of the US consumer vehicle fleet is more than 10 years! If you own an automotive support business, such as a tire store, auto parts store, auto glass store or auto repair shop, you can get
automotive business financing from
Rapid Capital Funding in just a matter of hours.
With a business cash advance from Rapid Capital Funding, your automotive business can have up to $250,000 in cash almost instantly. If your business generates at least $2,500 in credit and debit card receipts each month, your business is likely to qualify for a business cash advance from Rapid Capital Funding.
With a business cash advance, you sell a portion of your future credit card transactions in exchange for cash up front. There are no restrictions on how you use the funds, so you can expand your business, open a new location, make repairs, hire new employees, buy or lease new equipment or do whatever you want!
Even if you’ve been turned down for a small business loan from a bank, or your business has bad credit or no credit at all, Rapid Capital Funding can help you get the automotive business financing you’re looking for today!
Photo Credit: Jasleen Kaur, via Flickr
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Consider A Merchant Cash Advance For Automotive Business Financing
If you think that the economy will prevent you from getting the
automotive business financing your business needs, think again! A
merchant cash advance from Rapid Capital Funding can give you the cash you need right now.
If your business generates at least $2,500 each month in Visa and MasterCard credit or debit receipts, your business is likely qualified for a merchant cash advance. A merchant cash advance doesn’t depend on having outstanding credit, so even if your business credits has a few scratches and dents, Rapid Capital Funding will still work with you to get you the automotive business financing you’re looking for.
A merchant cash advance enables you to put your future sales to work right now. That’s right! Your business can finance itself when you work through Rapid Capital Funding to get the automotive business financing you need. Most of our clients find a merchant cash advance so convenient that they return for additional financing once their first advance has been repaid.
Contact us today and find out whether a merchant cash advance can provide the automotive business financing you’ve been looking for.
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Rapid Capital Funding Has Automotive Business Financing!
Winter is the business season for towing services, and if your towing service is in need of
automotive business financing, check out our
merchant cash advance.
Our merchant cash advance is ideal for businesses that take in a significant number of credit card payments. With a merchant cash advance from Rapid Capital Funding, there’s no limit on how you can spend your cash: finance the purchase or lease of new tow trucks, offer comprehensive road service, revamp your roadside assistance program or even expand your business to offer auto repairs.
Best of all, Rapid Capital Funding can have a response to your application in a matter of hours. You’ll wait weeks or months for a loan from a bank, and even if your business credit is good, there’s no guarantee that the bank will offer you the automotive business financing you need. When your business is on the line, don’t put your fate in the hands of a bank. Contact Rapid Capital Funding and make your business dreams come true!
Photo Credit: Patrick Hoesly, via Flickr
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Rev Up Your Automotive Business Finances With A Merchant Cash Advance
Rev up your automotive business in 2010 with
automotive business financing from Rapid Capital Funding. Rapid Capital Funding offers a
merchant cash advance that can put the capital you need into your account virtually immediately!
A merchant cash advance is a small business loan alternative that gets you the cash you need without requiring minimum monthly payments, or a long application and approval process. You’ll know within 24-48 hours whether your business is approved for a merchant cash advance. Rapid Capital Funding approves about 9 out of 10 applications, too. No bank has a 90% approval rate!
A merchant cash advance can give your business the cash it needs to make facilities improvements, update inventory, hire additional workers or get you through a slow period in your business cycle. Since a merchant cash advance is based on your future credit card transaction, your business funds itself! You also may be interested to know that about 3 out of 4 business owners get a second merchant cash advance after repaying their first one! There’s no faster or easier way to get the automotive business financing you need. Contact Rapid Capital Funding today!
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Your Auto Business Financing Is Just A Few Clicks Away
The Cash For Clunkers program is over, and for some Americans, the program provided a way to get a new car. For many others, however, the goal is to keep the car they own, which means that more Americans are taking better care of their cars than ever before. That represents an opportunity for businesses in the automotive maintenance and aftermarket sector. This includes auto parts stores, auto maintenance shops, auto glass stores, auto body repair, tire stores and even gas stations. If you’re looking for
automotive business financing or
gas station business financing to modernize your facility, make repairs, expand your service offerings, or hire additional staff, you may be in for a surprise.
Even for businesses that are in higher-performing sectors, loan money is still tight. Bank loans, even those guaranteed by the Small Business Administration, can take weeks or months to arrange, if they’re available at all. A recent survey of lenders participating in the SBA’s 7(a) loan program showed that more than 750 lenders had not made a single SBA 7(a) loan in the period between October 2008 and July 2009, and about half of those lenders had not made a SBA 7(a) loan since 2007.
When your survival depends upon getting automotive business financing, you can’t rely on private lenders that nominally participate in government loan guarantee programs. You need a lender you can count on and a business loan alternative that makes sense for your operation.
A business cash advance is a viable loan alternative for automotive business financing that enables your business to provide its own working capital. If you’d like more information on how a business cash advance can help you get the automotive business financing or gas station business financing you need, contact Rapid Capital Funding today!
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Automotive Business Financing Small Business Loan Alternative
According to new analysis, the automotive aftermarket business is thriving in this recession. Aftermarket auto parts for customization and repair are thriving in the recession as people look for ways to keep their older cars on the road longer. For aftermarket auto businesses looking for
automotive business financing, a
business cash advance may be just the
small business loan alternative that they’re looking for.
A business cash advance is easy to get; there are no credit checks, no long applications, application fees, or collateral to put up. You don’t have to guarantee the business cash advance personally, either. Better still, there are no monthly minimum payments to make.
With a business cash advance, you sell a portion of your future Visa and MasterCard credit or debit receipts. When the transactions come in, a small portion of each sale is used to repay the advance; the rest comes back to your business. When your business is good, your repayment occurs at a faster rate and when business slows down, so does your repayment schedule. It’s ideal for small businesses and eliminates the need to worry about minimum monthly payments.
Contact Rapid Capital Funding today for more information on how a merchant cash advance can help your business thrive in these tough economic times.
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Automotive Business Financing: Business Cash Advance
According to a new study by Frost & Sullivan, consumers are spending more to repair their vehicles and expect cars to last longer. The primary motivators for the consumer shift are the rising cost of gasoline, the economic uncertainty and fears of job loss. This means demand for automotive maintenance professionals is up as is the demand for automotive maintenance. If you own an automotive repair shop and are looking for
automotive business financing, a
business cash advance from Rapid Capital Funding may be just the
small business loan alternative you’re looking for.
For businesses that accept credit cards, there’s no easier way to find automotive business financing than a business cash advance. You sell a small portion of your future credit card transactions in exchange for cash. Use the money for anything you want: pay bills, pay taxes, upgrade your workspace, make improvements or repairs, or even expand your business.
With a business cash advance, there is no monthly minimum payment to make. Each time you process a credit card transaction, a portion of the sale goes to repay the small business loan alternative and the rest comes back to your business. It’s a great way to get the cash you need, and you don’t need to worry about whether or not you’ll qualify. Ninety-five percent of businesses that generate at least $2,500 monthly in Visa or MasterCard receipts will be approved for a merchant cash advance.
Your credit doesn’t matter much either. Good credit, bad credit or no credit, Rapid Capital Funding will assess your application in a matter of hours. You can get the cash you need now, instead of waiting for weeks to find out that you’ve been turned down for a bank loan.
Contact Rapid Capital Funding today and let us show you how our small business loan alternative can get your automotive business rolling!
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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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Automotive Business Financing: Penske Purchases Saturn From GM
GM announced on Friday that it had reached a deal with auto racing superstar Roger Penske to sell the troubled carmaker’s Saturn brand. Penske Automotive Group says that initially it will offer Saturn franchises to all remaining 350 Saturn dealers, and keep all 13,000 employees on the payroll. GM will produce the Saturn Outlook, Aura and Vue vehicles for Penske on a contract basis for the mean time. No information on the
automotive business financing arrangement between GM and Penske Automotive Group were released, but the deal will have to pass muster before a federal bankruptcy judge.
Penske will also use the dealer network to purchase and sell other GM vehicles, as well as products from Renault SA. It is believed that Penske Automotive Group (PAG), which is traded on the New York Stock Exchange, has enough working capital to finance the deal. GM is providing $2.5 billion to finance the buy out of parts supplier Delphi by a private equity firm.
If you’re in the automotive business, no matter how large or small your operation is, Rapid Capital Funding can provide an outstanding loan alternative to get you the working capital or automotive business financing you need.
Designed primarily to meet the needs of small business owners, Rapid Capital Funding can get you the financing you need in a matter of hours, without credit checks, long application processes and low success rates. Good credit, bad credit and no credit are all OK. As long as you accept Visa or MasterCard at your automotive business, financing is available for you. Contact Rapid Capital Funding today to learn more about our loan alternative and how it can get you the working capital you need right now!
Photo Credit: David Mason
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