Real Estate Business Financing Expires Along With Homebuyers’ Credit

Predictably, home sales have stalled, as have new housing starts, following the expiration of the $8,000 homebuyers’ tax credit earlier this year. Home sales are down sharply following the expiration of the incentive program that was designed to prop up the flagging real estate market. Businesses that specialize in real estate support services, (like landscaping, interior decorating, home staging, painting, home improvement and home repair, property management, etc.) will be called on to help homeowners make their saleable properties shine. Unfortunately, slower home sales mean that traditional lenders will tighten the market for real estate business financing.

Some real estate businesses are actually thriving amid slow real estate sales, and access to real estate business financing is critical. Rapid Capital Funding offers a small business loan alternative that may be ideal for real-estate oriented businesses. A merchant cash advance enables your real estate business to sell a portion of its credit card sales in exchange for up to $250,000 in cash. If your real estate business generates at least $2,500 each month in credit or debit receipts, you’re likely qualified to receive the real estate business financing you’ve been looking for.

Contact Rapid Capital Funding today and find out more about our real estate business financing options.

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Real Estate Business Financing Is Here Now!

The real estate business is bad all over but that doesn’t mean you can’t get the real estate business financing you’re looking for. Regardless of what kind of business you operate – repairing homes, staging homes for sale, performing foreclosure cleanups, caretaking for empty homes – a business cash advance from Rapid Capital Funding can get you the real estate business financing you need to make your business run right!

We can provide a response to your application in a matter of hours. We look carefully at your business, but not in the same way a bank does. We don’t need your credit history or months’ worth of bank statements. We take a different approach to lending and that makes getting the cash you need easy.

If your business generates at least $2,500 in Visa and MasterCard credit or debit receipts, your business is likely qualified for a business cash advance. Repayment terms are unlike those you’ll get from a bank, too! Your repayment is made each time you process a Visa credit or debit transaction. A small portion of the transaction will be used to repay your business cash advance and the rest comes back to you. That means your repayment rate speeds up when business is good, and slows down when business tapers off. With a repayment plan that follows your business cycle, you’ll never be left short of the cash you need to operate your real estate business.

Contact Rapid Capital Funding today and let us show you how to get the real estate business financing you’re looking for.

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Real Estate Business Financing Is Available

If you look at the statistics on home sales, you might be tempted to say that the housing market is switched off right now. This time is a great time for businesses that cater to the real estate market. There’s money to be found in real estate and Rapid Capital Funding can offer you the real estate business financing you need to take advantage of this opportunity.

Whether your business involves preparing or staging a home, landscaping, repair, clean-out and clean-up services or anything else designed to improve a home’s “curb appeal” Rapid Capital Funding can help you out!
Our merchant cash advance is the ideal small business loan alternative for businesses that generate at least $2,500 per month in Visa and MasterCard credit and debit receipts. You can get the cash you need along with an almost instant decision on real estate business financing.

What you use the money for is up to you. Use it for equipment purchases and leases, hiring temporary workers, smoothing out your cash flow or whatever else you have in mind. Contact Rapid Capital Funding today and let us show you how you can get plugged into the real estate business financing you need.

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Real Estate Business Financing

The real estate business is full of contradictions right now. Housing prices are dropping, and some buyers are scrambling to buy, yet sellers have to work harder than ever to get their homes sold. This is opening up opportunities for real estate sales support services, like housekeeping and landscaping for vacant homes. If you’ve considered starting a real estate support business, or own one already and are looking for real estate business financing, Rapid Capital Funding can offer a small business loan alternative that will help your business get the cash it needs.

A merchant cash advance from Rapid Capital Funding will allow you to get cash quickly. There are no minimum monthly payments to make and no long approval processes. Rapid Capital Funding can usually supply a funding decision within 24-48 hours of receiving your application.

Businesses that accept Visa and MasterCard, and generate at least $2,500 per month in credit and debit card receipts are likely to qualify for a merchant cash advance. Contact Rapid Capital Funding today and let us show you how your real estate business can supply its own financing program!

Photo Credit: The Truth About…, via Flickr

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New Real Estate Business Rules Affect Appraisers

New rules instituted by Fannie Mae and Freddie Mac in May have left some real estate appraisal businesses in the lurch. Until the new rules went into effect, banks and other lenders were free to choose their appraisal firms. Since May however, lenders must contact an appraisal management company, which then assigns an appraiser to evaluate a property.

Banks and other lenders say that they prefer to choose the appraisers they work with and that the new rules are slowing down the process of approving or denying real estate loans. Appraisers, many of whom operate their businesses from their homes say that appraisal management firms are cutting their pay by as much as half, and awarding work to inexperienced appraisers who aren’t familiar with the neighborhoods in which they’re working. This in turn produces property valuations that are either too high or too low, and is causing otherwise solid home sale offers to fall through.

Restaurant Business Is Giving Mixed Signals

Restaurant spending was up in August for the first time in months. Eating out is considered a discretionary expense, and is often the first cut consumers make when they’re trying to save money. Although restaurant spending did rise by 0.1%, analysts say that the rise is more likely attributable to an increase in the price of food, rather than a vote of confidence on the part of consumers. Restarant financing is still a big problem for restaurant owners, who say that poor sales combined with tight credit are keeping them in a holding pattern.

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Pending Home Sales Lift Real Estate Business

According to the National Association of Realtors, pending home sales have increased for the sixth straight month, lending support to the idea that a recovery may be underway. Other analysts are not sure that the NAR’s assessment is correct. Earlier this year, the NAR changed its categorization of a “short sale” to a “pending home sale” when the purchaser makes an offer, instead of when the bank approves the sale. That’s created a lot of “pending sales” about three-fourths of which are unlikely to close.

The home sales market is tough, but home sales are up in part thanks to the first-time homebuyer credit, which is scheduled to expire in November. The program offers an $8,000 tax credit to first-time homebuyers and has generated a lot of interest from prospective home buyers. The increased traffic in homes for sale is good news for the real estate business. Home staging companies, property maintenance firms, landscapers, and home repair contractors are finding a lot of additional work. Real estate business financing is still hard to come by, however. The inability for these firms to access capital is driving interest in alternatives to small business loans.

Home staging is a particularly effective technique for showing off an empty home’s best qualities. Home staging requires the home to have a tidy but lived-in look, and often means that upscale furniture and other decorative touches are brought into the home. The home is professionally decorated to help the buyer envision the home’s potential. If you’re looking for real estate business financing, or furniture business financing, contact Rapid Capital Funding today for information on how our small business loan alternatives can put your real estate business in the black in no time!

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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!

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Real Estate Business Financing: Merchant Cash Advance

Staging a home for sale is big business, whether it’s done actually or virtually. If you’re looking for real estate business financing to open or expand your home staging business, consider a merchant cash advance from Rapid Capital Funding. A merchant cash advance is a small business loan alternative that is ideal for small businesses that generate at least $2.500 per month in Visa or MasterCard receipts. Some innovative businesses are offering “virtual staging” services that combine photographs of empty rooms with images of furniture. These composites enable a realtor to “stage” a room or home electronically, saving the expense of actually stocking the home with rental furniture. A typical home staging may cost between $1,500 and $2,500. Virtual stagings can reduce that cost by 85%-90%.

Conventional wisdom says that no one is selling houses today. Not true, but the buyers who are in the market want to see more than “potential” when looking at a home. In today’s cash-conscious world, homeowners don’t want to spend one dime more than they have to when selling their homes, and often homes sit vacant for months before being purchased.

If you need cash to expand your business, buy computers, hire graphic design or photo retouching professionals, you can do that with a merchant cash advance from Rapid Capital Funding. A merchant cash advance isn’t a loan; it’s a small business loan alternative. You sell a portion of your future credit card transactions for cash. Each transaction you process helps to repay your merchant cash advance. Small business owners with bad credit or no credit, or who are looking to avoid a commitment to paying a fixed monthly minimum should contact Rapid Capital Funding today for more information on how a merchant cash advance can provide the real estate business financing you’re looking for!

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Real Estate Business Financing: Business Cash Advance

Real estate sales are off substantially, and market values have plunged in some areas by 50% or more. Foreclosures are rising throughout the United States and look to continue through 2009. Don’t let all this gloom and doom make you think that there is no money in real estate, though. Opportunities in real estate abound, but you need to be savvy about where you find your opportunities and how you make them work for you.

Financing for real estate loans is hard to come by right now, even with loan guarantees from the Obama administration. Many people are choosing to rent as an alternative, even though the cost of buying hasn’t been this low in years. In addition, homeowners who are desperate to sell their homes are turning to staging companies to make their homes look their best for prospective buyers.

If you have a real-estate oriented business, you may assume that real estate business financing isn’t readily available. You can get the financing you need through a business loan alternative known as a business cash advance.

If your real estate-related business accepts Visa or MasterCard as payment, you’re likely qualified for a business cash advance if you generate credit and debit receipts of more than $2,500 per month. There’s no long application process, no minimum monthly payments to make and no collateral to put up.

With a business cash advance, you simply sell a portion of your future credit card transactions for cash. The business cash advance is then repaid as the transactions come in. Only a small portion of each transaction is used to repay the business cash advance, so you’re not left empty-handed. You’ll have the cash you need to run your business throughout the entire process.

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

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