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

Rapid Capital Funding Offers Special Restaurant Financing Programs

Rapid Capital Funding Offers Special Restaurant Financing Programs

Rapid Capital Funding Offers Special Restaurant Financing Programs

Cash flow is king in the restaurant business, and having adequate restaurant financing is critical to survival. Unfortunately, in today’s recession, small business financing is hard to come by. Restaurants that are otherwise viable are in danger of failing because they don’t have the cash they need when they need it.

Rapid Capital Funding offers a loan alternative to restaurant owners that doesn’t rely on your good credit. In fact, your credit matters very little when it comes to helping Rapid Capital Funding make a financing decision. What does matter is your credit card transaction volume. If your restaurant business generates at least $2,500 per month in Visa and MasterCard credit and debit card receipts – less than $85 per day – your business is likely to qualify for this special loan alternative. More than nine out of ten applicants are approved for the small business financing they need to run their restaurants.

You can get the cash you need quickly to maintain operations, pay bills, make emergency repairs, update your dining space or whatever else you need. Better still, there’s no minimum monthly payment to make. We get paid each time you process a credit card transaction. Since we receive only a small portion of each sale, the rest comes back to you and you’re guaranteed to have the cash you need to operate smoothly.

Don’t struggle with cash flow issues. Get the restaurant financing you need today for your restaurant business.

Photo Credit: Caribb, via Flickr

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Working Capital For Optical Store Business Financing

Working Capital For Optical Store Business Financing

Working Capital For Optical Store Business Financing

Last month, Luxottica, a global manufacturer of eyewear and eye care products, told investors and reporters that the company believes the worst of the global recession is over. Although the company’s sales were up, Luxottica posted a second-quarter decline in net income, due in part to changes in global currencies. Other indicators appear to point to a loosening of the global recession as well, which is good news for business owners looking for working capital or optical store business financing.

While US credit markets are still tight, Rapid Capital Funding offers a loan alternative that is ideal for businesses that have a high credit card transaction volume (in excess of 80%). Our merchant cash advance will put funding in your pocket today. The amount you receive is based on your business’ credit card transaction volume.

Use the money for anything you like: pay bills, add to your inventory, expand your business, pay taxes, or purchase new equipment. Rapid Capital Funding places no restrictions on how you use your money. In fact, we don’t even ask why you want the merchant cash advance.

There are no monthly minimum payments to make either. You can manage your cash flow easily and predictably with a merchant cash advance. Each time you process a credit card transaction, a small portion of the sale is used to repay the merchant cash advance. The rest of the money is deposited into your merchant account as normal. You get the cash you need up front and an easy repayment plan. Nothing could be easier for optical practices looking for working capital or optical store business financing.

Contact Rapid Capital Funding today and see how a merchant cash advance can provide the optical store business financing you’re looking for.

Photo Credit: Brian Leon, via Flickr

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A Loan Alternative For Financing High Risk Businesses

A Loan Alternative For Financing High Risk Businesses

A Loan Alternative For Financing High Risk Businesses

If you’re new to your business, or provide certain types of services, banks may consider your business to be “high-risk” Finding financing for high risk businesses is a challenge in a good economy, but finding cash in hard times is nearly impossible. Banks are risk-averse right now and are having a hard time justifying loans to even their best customers. Rapid Capital Funding is in the business of small business financing and looks at risk a little differently than the typical bank does.

Rapid Capital Funding offers a loan alternative known as a merchant cash advance to businesses that qualify. You may be wondering what it takes to get financing for a high risk business that banks won’t even touch, but you may be surprise. Rapid Captial Funding offers merchant cash advance loan alternatives to businesses that accept Visa and MasterCard, and take in at least $2,500 per month in credit and debit receipts.

There are no credit checks, no long application processes, no waiting forever to find out that you’ve been turned down. Rapid Capital Funding doesn’t think like a bank and doesn’t act like one, either. We provide financing for high risk businesses, low-risk businesses and businesses that pose ordinary risks, too. Our loan alternative is ideal for just about any kind of small business, and can provide up to $250,000 nearly instantly.

Don’t waste time looking for loans from the bank. When you need financing for your high-risk business, cone to Rapid Capital Funding and let us show you how this loan alternative can put cash in your pocket today.

Photo Credit: Rogersmj, via Flickr

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Cell Phone Store Business Financing: Loan Alternative

Loan Alternative

Cell Phone Store Business Financing: Loan Alternative

Consumer use of cell phones is changing. A new survey by CTIA- a wireless phone trade group – shows that just 13 percent of Americans don’t have a cell phone. According to the group, there are 270 million cell phones in use in the US right now and more than 20 percent of households have no landline at all, and 15 percent of users say they take calls more often on their cell phones than they do on their landlines. So, does this mean the end of the landline is in sight? Probably not, but it does mean that cell phones have become increasingly attractive to consumers in the last decade. If you’re looking for cell phone store business financing, a loan alternative from Rapid Capital Funding may give you the working capital you need to take advantage of this shift in consumer demand.

Rapid Capital Funding’s merchant cash advance is a loan alternative that makes sense for small businesses for whom credit cards comprise 80% or more of the total sales receipts. A merchant cash advance enables you to sell a portion of your future credit card transactions for cash up front. This puts cash in your pocket immediately and there are no restrictions on how you spend the money. Use it to expand your space or your inventory, pay bills, hire staff or offer new services.

As a loan alternative, there is no minimum monthly payment to make. Instead, each time you process a credit card transaction, a small portion of the sale is used to repay your loan alternative. You get the working capital you need and easy repayment terms. When business is good, your repayment rate increases and when things slow down, so does your loan alternative repayment. The merchant cash advance makes so much sense for small businesses that about 3 out of 4 merchants who take one come back for a second after the first one is repaid.

Don’t hassle with the bank for the cash you need, only to be turned down in a few weeks. Contact Rapid Capital Funding today for information on how you can put your future credit card transactions to work for you right now!

Photo Credit: Michael Mistretta, via Flickr

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Shoe Store Business Financing Steps Up

Shoe Store Business Financing Steps Up

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!

Photo Credit: iirraa, via Flickr

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Restaurant Financing: Loan Alternative

Loan Alternative

Restaurant Financing: Loan Alternative

Own a restaurant? Looking for restaurant financing? Consider a loan alternative from Rapid Capital Funding to give you the working capital you need to run your business.

A merchant cash advance is ideal for restaurants and other businesses that accept credit cards for 80% or more of their transactions. A merchant cash advance is a loan alternative that enables you to sell a portion of your future credit card transactions for cash up front. There are no restrictions on how you use the money and no fixed monthly minimum repayment schedule.

Better still, there are no long applications to fill out, no waiting for a response from the lender, and no collateral or personal guarantees are needed! Whether your business has good credit or bad, a merchant cash advance can provide the working capital you need to expand your business, remodel your interior space, hire new personnel, make repairs to your building or do just about anything else you need to do.

As a loan alternative, the merchant cash advance is growing in popularity. They’re much easier to get than a bank loan and more flexible in terms of repayment. When your business is good, your merchant cash advance is repaid faster; when your business slows down, the rate of repayment on this loan alternative slows down too. It’s ideal for small businesses during the recession.

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

Photo Credit: Thomas Hawk, via Flickr

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Internet Business Financing

Internet business financing small business financing

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!

Photo Credit: Giuseppe Leto Barone, via Flickr

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Financing For High Risk Businesses: Merchant Cash Advance Loan Alternative

Merchant Cash Advance Loan Alternative

Financing For High Risk Businesses: Merchant Cash Advance Loan Alternative

For some business owners, opening a business means seeking venture capital. Today, that’s a proposition that many venture capitalists aren’t willing to take. A recent survey of venture capitalists showed that nearly 93% of respondents were either “worried” or “very worried” about the uncertainty of returns. In other words, many venture capitalists are no longer willing to gamble on new business ventures. Combine this with the banks, which are unwilling to tolerate any risk at all, and you have a situation where financing for high-risk businesses is largely unavailable.

What qualifies as a risky business? For banks, most new ventures are risky, too risky to fund. That’s why Rapid Capital Funding offers an exceptional loan alternative called a merchant cash advance.

A merchant cash advance will provide the working capital you need to get your high risk business off the ground and keep it there. By factoring a portion of your future credit card transactions, you can raise working capital and get the financing for high-risk businesses that banks and private lenders aren’t willing to provide.

If your business has a high volume of credit and debit card transactions, and generates at least $2,500 per month in Visa and MasterCard credit and debit transactions, you likely qualify for a merchant cash advance. Contact Rapid Capital Funding to see how you can raise your own financing for your high-risk business. Put your future credit card transactions to work for you today!

Photo Credit: David Jarrold, via Flickr

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Automotive Business Financing: Small Business Financing

Small Business Financing

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!

Photo Credit: Peter Bromberg, via Flickr

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Recession Changes Everything – Even Shoes

Recession Changes Everything – Even Shoes

Recession Changes Everything – Even Shoes

If you’re in the shoe store business and thought that high-value brands were out of your reach, guess again. Jimmy Choo, one of the swankiest brand names in women’s shoes, now says that it will create a pair of pumps that will sell for less than $50. That’s quite a drop from the average $550 price tag for a pair of Choos.

The lesson here for small businesses is important, though. The recession has hit retailers hard and consumers, more now than ever before, will part with their cash only for real bargains. If your small business offers high-value items, you may consider expanding your line to include lower-priced items. If you need working capital to make your expansion plans take off, consider a loan alternative from Rapid Capital Funding.

If your business generates more than $2,500 in Visa or MasterCard receipts each months, you’re likely qualified for a merchant cash advance. As a loan alternative, a merchant cash advance makes a lot of sense for businesses where credit card transactions make up 80% or more of gross monthly receipts. This loan alternative is great for generating shoe store business financing, capital for restaurant businesses, gas stations and other similar businesses.

Contact Rapid Capital Funding today and see how you can get the working capital you need to take advantage of consumer buying preferences during these tough economic times.

Photo Credit: Stephen Carlile, via Flickr

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