RapidCapitalFunding small business blog » Posts for tag 'business loan alternative'

We Serve Up Restaurant Business Financing!

We Serve Up Restaurant Business Financing!

We Serve Up Restaurant Business Financing!

Restaurant financing is available! If you own a restaurant and are up-to-date on your lease payments, you may qualify for a business cash advance from Rapid Capital Funding. A business cash advance is an unsecured business loan that is available to businesses that generate at least $2,500 each month in credit and debit card receipts.

Your business can get up to $250,000 in cash in a matter of days! There are no restrictions on how you use the money, either. Open a new location or remodel your existing one. Hire new staff, make repairs, pay bills or improve your cash flow; the choice is up to you!

Rapid Capital Funding is a leader in restaurant financing and unsecured loans for small businesses. Unlike a bank, Rapid Capital Funding doesn’t put too much stock into your business credit rating, so you can still get financing even if your credit is bad, or you’re just starting out.

We’re able to help more than 90% of the businesses that apply for an unsecured business loan with us. Contact Rapid Capital Funding today and find out whether you qualify to get the restaurant financing you’re looking for.

Photo Credit: Andrew Stawarz, via Flickr

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What’s Better Than A Business Loan?

What's Better Than A Business Loan?

What's Better Than A Business Loan?

What’s better than a business loan? How about a business cash advance from Rapid Capital Funding?
Rapid Capital Funding offers a smart business loan alternative that’s ideally suited for small businesses and those businesses that have a high volume of credit and debit card sales. With a business loan, you’ll be locked into paying a minimum monthly payment for a fixed period of time. With a business cash advance, you repay your advance based on your business cycle. In months when business is good, your repayment rate increases, and in months where sales are slow, you repayment slows too.

How could a business cash advance be better than a business loan? A business cash advance is unsecured, so you don’t need to put up any collateral or make any personal guarantees regarding repayment. Rapid Capital Funding can also get your application processed and cash in your accounts in a matter of days. You won’t wait around for weeks while the bank makes a decision. With Rapid Capital Funding, you get your business cash advance and you go on with your business!

Contact Rapid Capital Funding today and let us show you how to get the cash your business needs now!

Photo Credit: Omar Barcena, via Flickr

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Business Cash Advance May Offer Ideal Retail Business Financing

Business Cash Advance May Offer Ideal Retail Business Financing

Business Cash Advance May Offer Ideal Retail Business Financing

Retailers have taken it on the chin during the recession. Retail business financing is hard to come by and many retailers are closing up shop as a result. According to recent figures offered by outplacement firm Challenger Gray and Christmas, the retail sector has lost nearly 850,000 positions since the recession began. For retailers who believe recovery is just around the corner, locating a business loan may be out of the question, but a business loan alternative known as a business cash advance may be just the thing to help struggling stores hang on.

Retail, which is normally a “safe” sector, has seen staggering job losses as regular customers scale back their spending to the bare necessities. Retailers who market the necessities are best positioned to survive the recession, and those retailers are exactly where employment hopefuls should look when it comes to landing a coveted retail job,

Many business hopefuls want retail experience because their own career aspirations include owning a small business of their own. Getting cash for small businesses may be difficult right now, but loan alternatives like business cash advances can enable retailers to expand their businesses, pay bills, renovate their business spaces and expand their sales and marketing staffs.

Not all business cash advance providers are alike, however. While some business cash advance providers employ lending requirements that are similar to a bank’s, Rapid Capital Funding evaluates each application independently. Advance decisions are based more on the business’s sales history than on traditional measures like the business owner’s credit history or the overall performance of the sector. Business cash advances can also infuse quick cash into a business, allowing it to respond to emergencies that might otherwise devastate the business.

Photo Credit: Ben Ostrowsky, via Flickr

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Real Estate Business Financing: Business Loan Alternative

Business Loan Alternative

Real Estate Business Financing: Business Loan Alternative

Who says there’s no money in real estate these days? Many contractors are finding that they’re working overtime to meet the growing demand for “trash-out” services from banks that have foreclosed on homes. Foreclosed homeowners typically leave the home in unsalable condition. Banks and landlords hire contractors to remove trash and debris, clean and secure the home. If you’re considering a trash-out operation but need real estate business financing to get started, consider a merchant cash advance.

A merchant cash advance is a business loan alternativethat enables you to get cash up front. You can use the cash for anything you need, including new equipment, or hiring help. Trash-out services can produce up to $2,000 per house, so the business is lucrative, but you’ll encounter some startup costs. Primarily, you’ll need to have equipment to collect and haul away the debris that former homeowners have left behind.

You can get a merchant cash advance for your business if your Visa and MasterCard receipts exceed $2,500 per month. Think you won’t qualify? Think again. Ninety-five percent of merchants who apply for a merchant cash advance get cash from Rapid Capital Funding. You sure won’t find that acceptance rate from a bank.

Contact Rapid Capital Funding today for more information on how a merchant cash advance can provide a business loan alternative for your operation and get you the real estate business financing you need right away!

Photo Credit: Joey Parsons, via Flickr

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A Business Loan Alternative For Home Based Businesses

A Business Loan Alternative For Home Based Businesses

A Business Loan Alternative For Home Based Businesses

If you’ve joined the millions of Americans who are operating a business from home, but need home based business financing, don’t waste your time with your bank. Instead, consider a business loan alternative that makes sense for small businesses like yours. A business cash advance from Rapid Capital Funding enables you to use your future credit card transactions to fund your business today.

A business cash advance enables you to sell a portion of your future credit card transactions for cash up front. As each transaction comes in, a small portion of the sale goes to repay the cash advance and the rest comes back to your business. There are no monthly minimum payments to make. You don’t need to put up collateral and you don’t need to personally guarantee repayment.

You won’t find those features from any bank loan. Better still, you can get your cash in a matter of hours, instead of weeks or even months you may wait for the bank to make its lending decisions.

Don’t wait. Don’t sweat out the bank’s application process and think that you cant get the financing you need. Ninety-five percent of the merchants who apply for a business cash advance from Rapid Capital Funding are approved. Get the home based business financing you need right now from Rapid Capital Funding and get back to running your business!

Photo Credit: Rocketlass, via Flickr

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Furniture Business Financing: Business Loan Alternative

Business Loan Alternative

Furniture Business Financing: Business Loan Alternative

Can you make money in the furniture business today? Clever business owners say you can. The key to finding a profitable business is to offer “recession-friendly” services like consignment sales. Many consumers are reducing the number of possessions they have, moving to smaller quarters or leaving an area altogether. This opens up an opportunity for furniture business entrepreneurs who are willing to offer floor space and provide merchant services to consumers who are looking for good deals on used furniture.

If you’re considering opening a consignment shop, or already own one and are looking for furniture business financing, consider a business loan alternative from Rapid Capital Funding. A merchant cash advance can get you the cash you need to operate a successful furniture consignment shop, and offer other recession friendly services like furniture repair and restoration.

For business owners who generate at least $2,500 per month in Visa or MasterCard credit or debit receipts, a merchant cash advance is a business loan alternative worth looking at. There are no extensive credit checks, no long application forms, and no waiting to find out if you’ve been approved. Better still, there’s no collateral to put up and no personal guarantees are required to get a merchant cash advance.

You can get the furniture business financing you need to open a recession-friendly furniture business and succeed in today’s tough business climate. Contact Rapid Capital Funding today for more information on how you can put your future credit card transactions to work to provide recession-friendly furniture business financing right now!

Photo Credit: Shira Karp, via Flickr

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Liquor Store Business Hot In Pennsylvania

Liquor Store Business Hot In Pennsylvania

Liquor Store Business Hot In Pennsylvania

Pennsylvania’s Liquor Control Board says that its 619 retail liquor outlets in the state generated $1.84 billion in revenue, including nearly $500 million in sales and liquor tax revenue. Unlike most states, the State of Pennsylvania strictly controls the sale of liquor through state-run liquor stores. The liquor sales revenue in Pennsylvania underscores what most liquor store business owners already know: liquor sales are good in a recession. For business people who operate a liquor or party store, and are looking for liquore or party store business financing in areas where private liquor sales are allowed, Rapid Captial Funding offers a business loan alternative known as a business cash advance.

A business cash advance can be used to help modernize your retail outlets, pay taxes, expand your inventory, offer new products or merchandise, or hire new employees. The business cash advance is ideal for businesses that conduct a high volume of credit card transactions.

With a business cash advance, a small portion of each sale is used to pay back the business cash advance, and the rest comes back to your business. You’ll always have the cash you need to run your operation, because there is no monthly minimum payment to make, no collateral to put up and no personal guarantees to make. Business cash advances are so popular that three out of four merchants who take a business cash advance get a second advance when their first is repaid.

Yes, it’s that easy and that convenient! Why bother with applying for a line of credit with a bank, only to be turned down after weeks of waiting? Open your own “line of credit” with a business cash advance from Rapid Capital Funding today!

Photo Credit: Ian Turton, via Flickr

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CIT Bankruptcy Could Seriously Disrupt Retail Business Financing

CIT Bankruptcy Could Seriously Disrupt Retail Business Financing

CIT Bankruptcy Could Seriously Disrupt Retail Business Financing

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.

Photo Credit: Jason Kuffer, via Flickr

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Minority Business Loans: Business Cash Advance

Business Cash Advance

Minority Business Loans: Business Cash Advance

A recent study commissioned by the Latino Business Chamber of Greater Los Angeles showed that more than half of all minority-owned businesses are Latino-owned and these businesses generate more than $35 billion in that area annually. In addition, the number of Latino-owned businesses is growing in areas that are critical to recovery from the recession: construction, manufacturing and retail. Unfortunately, what business owners most need right now – capital – is largely unavailable when small business operators seek minority business loans.

Rapid Capital Funding offers a business loan alternative that doesn’t require extensive credit checks, long application forms, weeks or months worth of waiting to find out if you’ve been approved, personal guarantees or collateral.

If your minority business generates at least $2,500 each month in Visa or MasterCard credit or debit receipts, you’re likely qualified for a business cash advance from Rapid Capital Funding. With a business cash advance, you sell a portion of your future credit card transactions to Rapid Capital Funding in exchange for cash up front. There are no monthly minimum payments to make because each time you process a credit card transaction, a small portion of the sale is used to repay your business cash advance. The rest of the money comes back to you!

Finally, you can get the cash you need to finance your business, expand your inventory, hire new workers, buy materials or do whatever you need to do. There are no restrictions on how the money is spent. Contact Rapid Capital Funding today and get the minority business financing you need to grow your business.

Photo Credit: Andy Hurvitz, via Flickr

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Home Based Business Financing: Business Loan Alternative

Business Loan Alternative

Home Based Business Financing: Business Loan Alternative

Quick! What’s one of the most searched terms on Google today? “Home based business.” Entrepreneurs, unemployed persons and people who are looking to secure their financial futures are turning inward to find the cash they need to support their families and live their dreams. Home based business financing is interesting to a lot of folks right now as they try to cope with rising unemployment, stagnant wages and the desire to have more control over their work lives.

Rapid Capital Funding offers a business loan alternative called a merchant cash advance that enables your home-based business to raise its own capital. With a merchant cash advance, you sell a portion of your future credit card transactions to Rapid Capital Funding in exchange for cash up front.

Use the cash for anything you need: increasing inventory, purchasing equipment, hiring help… you name it. There are no restrictions on how you use the money. As each credit card transaction is processed, a small portion goes to repay the merchant cash advance; the rest comes back to you.

The merchant cash advance is ideal for businesses that generate a high volume of credit card payment transactions but is available for almost any business that generates at least $2,500 each month in Visa or MasterCard credit and debit receipts. Rapid Capital Funding also has special financing programs for restaurants.

Don’t let a lack of capital interrupt your home-based business dreams. Get the home-based business financing you need today from Rapid Capital Funding.

Photo Credit: Wayan Vota, via Flickr

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