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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Optical Store Business Financing: Small Business Loan Alternative

A recession is a “make-or-break” proposition for most businesses. Businesses that have the cash they need to cover themselves in recession survive; those that don’t close up shop. If you own or operate an optical store and are looking for optical store business financing to help you ride out the recession, look no farther than Rapid Capital Funding’s business cash advance.

Competition is fierce in today’s optical business. The good news is that the industry is growing, showing a modest gain of .002% in 2008. Discount retailers are a big part of that growth as consumers look for value in eyeglasses. Some online retailers are offering eyeglasses for as little as $8 per pair.

If you’re looking to add discount services to your product mix, but need working capital to make that happen, consider a business cash advance as a small business loan alternative. A business cash advance will provide the money you need to expand your business, pick up new lines or inventory and remodel your space.

With a business cash advance, you use your future credit card transactions to finance your business today. Rapid Capital Funding will purchase a small portion of your future sales for cash up front. As your transactions come in, a small portion of the sale goes to repay the advance. The rest comes back to your business. It’s a great way to “self-finance” to get the cash you need.

Rapid Capital Funding can approve your application in a matter of hours, so you can get the optical store business financing you need today to take advantage of the latest consumer buying trends.

Photo Credit: Camila Ulloa, via Flickr

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Optical Store Business Financing: Small Business Financing

Optical stores are becoming a favorite target for thieves. Eyeglass frames are typically expensive, yet small and easily concealed. In addition to losses from shoplifting, some optical stores are also becoming targets of armed robbers.

Most optical stores are independent private businesses, though some franchises exist. The thefts are extremely tough to manage for businesses that are already hurt by the recession. Optometrists and opticians report that business is exceptionally slow, as people try to make due with the glasses they have.

For optical businesses looking to expand in these tough times, optical store business financing is available through Rapid Capital Funding. If your optical business accepts Visa and MasterCard payments, you’re likely qualified for a loan alternative known as a merchant cash advance.

Small business financing is readily available when you work with Rapid Capital Funding. A merchant cash advance enables you to sell a portion of your future credit card transactions in exchange for cash right now. Use the cash for whatever your business needs: supplies, remodeling, modernization, expansion, hiring new staff or anything else that will make your business run the way you want it to.

This loan alternative is ideal for small, independent operators who are looking for optical store business financing but can’t get banks and other lenders to respond. Small business financing has never been easier than it is with Rapid Capital Funding today. Contact us now and let us show you how to put your future credit card transactions to work today.

Photo Credit: Liz West, via Flickr

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