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

Hotels And Motels Financing Small Business

Hotels And Motels Financing Small Business

Hotels And Motels Financing Small Business

Ocean City, MD hoteliers report that their occupancy rate over Memorial Day weekend was higher than it has been at any time since 1993. Officials estimate than more than 270,000 persons visited Ocean City over the 2009 holiday weekend, nearly 50,000 more than visited the city in 2008. In addition to increased businesses at hotels and motels, restaurant owners reported that their establishments were busier than usual.

If you’re looking for hotels and motels financing for your hospitality-related small business, a merchant cash advance may be just the business loan alternative you’re looking for.

With a merchant cash advance from Rapid Capital Funding, you can get the hotels and motels financing you need in a matter of hours. Whether you need the funds to expand your small business, do remodeling or repair work, hire staff or handle an emergency, a merchant cash advance can get cash into your hands fast.

With a merchant cash advance, as long as your hotel or motel business accepts Visa or MasterCard and generates at least $2,500 per month in credit and debit receipts, you’re likely eligble for a merchant cash advance. Ninety-five percent of our applicants who meet these simple requirements get the cash they need, with no hassles, no personal guarantees, and no collateral needed.

Contact Rapid Capital Funding today. Let us show you how to put your future credit and debit card transactions to work right now!

Photo Credit: Steve Wampler, via Flickr

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Seasonal Business Financing: Small Business Cuts Michigan’s Unemployment Rate

Small Business Cuts Michigan's Unemployment Rate

Seasonal Business Financing: Small Business Cuts Michigan's Unemployment Rate

Seasonal businesses bolstered the unemployment rate in West Michigan by more than 1 percent. Area unemployment fell from 12.6% to 11.5%, largely due to seasonal business hiring. If you need seasonal business financing for your small business, consider a merchant cash advance from Rapid Capital Funding.

Regardless of what your seasonal business involves – landscaping, construction, seasonal retail, tourism – Rapid Capital Funding can provide the seasonal business financing your small business needs. A merchant cash advance is the ideal way to finance the purchase or lease of new equipment, or to get your seasonal business rolling.

You can use the proceeds of your merchant cash in any way you need. Your merchant cash advance is funded by the sale of your future Visa and MasterCard transactions. Each time you process a transaction, a small portion of the sale is used to repay the advance; the rest comes back to you.

You don’t need to make any personal guarantees or put up any collateral. In fact, a merchant cash advance may be the ideal way to finance your seasonal small business if your credit is bad. Our financing decision is based on your credit and debit transaction volume, not your credit score.

Contact Rapid Capital Funding today and find out how you can use your future credit and debit card transactions to fund your seasonal small business right now!

Photo Credit: Dean Terry, via Flickr

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Florist Shop Business Financing Small Business Assistance

Florist Shop Business Financing Small Business Assistance

Florist Shop Business Financing Small Business Assistance

Florists are having a tough time in this economy, but Rapid Capital Funding’s merchant cash advance may be just what the doctor ordered for small business. If you’re looking for florist shop business financing and have been turned down by the bank or by the Small Business Administration, Rapid Capital Funding can help.

If your business generates at least $2,500 each month in Visa or MasterCard credit or debit receipts, your small business is likely to qualify for a merchant cash advance. That means you can get the florist shop business financing you need in a matter of hours. No long approval process, no collateral, no reams of paperwork and best of all, no waiting.

Local florists are having trouble keeping their doors open. They face stiff competition from online order-gatherers who have effectively eliminated a significant percentage of local florists. Don’t let your business fall victim. Get the florist shop business financing you need to compete effectively and keep your doors open.

Contact Rapid Capital Funding today for more information about how our merchant cash advance can help your small business.

Photo Credit: United Florist Network

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Home Based Business Financing: Small Business Financing Made Simple

Small Business Financing Made Simple

Home Based Business Financing: Small Business Financing Made Simple

The world of business is filled with possibilities for people who are willing to make the effort it takes to succeed. Home-based businesses are hotter than ever, in large part, due to the growing unemployment rate among traditional employers. Home based businesses are great for new graduates, women who want to stay at home with their children, and entrepreneurs who have always wanted to run their own businesses. The biggest hangup for some would-be entrepreneurs is finding home based business financing.

Look no farther than Rapid Capital Funding! We can help your small business get off the ground. Small businesses have some distinct advantages: they’re more agile and able to cope with change. With fewer employees, small business owners are more willing to take the risks that can pay off big.

You can get home-based business financing from Rapid Capital Funding with a merchant cash advance, provided that your business accepts Visa or MasterCard and generates at least $2,500 monthly in credit and debit receipts. You can borrow up to 1.5 times your monthly average income without providing a business plan, collateral or personal guarantees.

Merchant cash advances are so popular for small business owners that three out of four merchants take a second merchant cash advance once their first one is repaid. One exceptional feature is that there are no monthly payments to make. You don’t commit to a fixed repayment amount. As your transactions come in, a small portion of each sale is used to repay your merchant cash advance, so the repayment is tied to your business cycle and not to the calendar.

Contact Rapid Capital Funding today to see how a merchant cash advance can provide the home-based business financing your small business needs!

Photo Credit: TranceMist, via Flickr

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Liquor Store Business Financing: Small Business Loan Alternative

Small Business Loan Alternative

Liquor Store Business Financing: Small Business Loan Alternative

Liquor isn’t completely recession-proof, but it tends to hold its own in comparison to some other sectors. Most liquor storeowners are reporting that business is as good as (and in some cases better than) last year’s sales figures. Consumers are turning to more value-oriented brands. One distributor reports that domestic beer sales have increased by double-digit margins. Even with robust sales reports, however, finding liquor store business financing can be difficult.

Retailers may be looking for a small business loan alternative in the absence of traditional funding from a bank or other lender. A merchant cash advance can provide the liquor store business financing you need without the hassle of applying for a bank loan.

As a small business loan alternative, few options beat a merchant cash advance. With a merchant cash advance, you sell a portion of your future credit card transactions to Rapid Capital Funding. In exchange you get hassle-free cash! As each credit or debit transaction is processed, you repay your merchant cash advance. There are no monthly minimum payments with a merchant cash advance. When your business is booming, you repay your merchant cash advance faster. When business slows down, so does your rate of repayment.

Few funding options make more sense for a small business than a merchant cash advance from Rapid Capital Funding. Contact Rapid Capital Funding today to see how a merchant cash advance can get you the liquor store business financing you need fast!

Photo Credit: Wally Gobetz

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Retail Business Financing Small Business Financing Assistance

Retail Business Financing Small Business Financing Assistance

Retail Business Financing Small Business Financing Assistance

Retail sales were down in April by .4%, according to the US Census Bureau. If auto sales in April hadn’t been relatively rosy, the retail spending figures would have been down by .5%. Consumers are wary of spending on anything that’s not a clear necessity and that can make finding retail business financing tricky for some retailers. Rapid Capital Funding offers small business owners the opportunity to get the retail business financing they need quickly and affordably with its merchant cash advance.

A merchant cash advances enables small business owners to factor their future credit card transactions in exchange for cash. A merchant cash advance isn’t like a bank loan at all. There are no minimum monthly payments, no collateral, no co-signers, and no need for sterling credit. A merchant cash advance isn’t based on your credit history; it’s based on your Visa and MasterCard credit and debit transaction volumes. If your business generates at least $2,500 per month in credit and debit transactions with Visa and MasterCard, you’re highly likely to be eligible for a merchant cash advance. Ninety-five percent of businesses who meet these criteria get the retail business financing they need in a matter of hours or days.

Most businesses are stable, even in these tough times, but banks are only focused on risk right now, and just about every retail business looks like a bad risk. At Rapid Capital Funding, we take the risk that your business will fail because we believe it won’t. We also believe that you should have access to the funding you need to carry out good business decisions. Small business or large, good credit or bad – it doesn’t matter to us.

If your small business is looking for retail business financing, contact Rapid Capital Funding today and let us show you how your retail business can provide its own financing.

Photo Credit: Colin Peterson

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Bar and Nightclub Financing: Small Business Loan Alternative That Makes Sense

Bar and Nightclub Financing

Bar and Nightclub Financing

Unusual as it seems, businesses that serve alcohol are doing well even in this recession. You’d think that would mean bar and nightclub financing is readily available from banks and other lenders. It’s not. That’s why a merchant cash advance from Rapid Capital Funding makes sense for small business owners who are doing well despite the recession, but who need cash to expand their businesses, remodel or repair their locations, or make other needed or desired improvements.

Small business is responsible for most job creation in the US, but that doesn’t mean that banks and other lenders value small businesses like they should. Rapid Capital Funding doesn’t look at small business the same way banks do, however. Our merchant cash advance means that you can get the cash you need when you need it, without filling out long application forms, providing reams of documentation, making personal guarantees, pledging personal assets as collateral, getting co-signers for your loans, or anything else a bank will ask you to do or provide.

Better still, there are no minimum monthly repayments with a merchant cash advance. Each time you process a Visa or MasterCard transaction, a small portion of that sale goes to repay your merchant cash advance. When your business is good, your repayment speeds up; when things slow down, so does your repayment. It’s a business loan alternative that makes perfect sense for small business owners in search of bar and nightclub financing.

Contact Rapid Capital Funding today and see how a merchant cash advance can provide the bar and nightclub financing you want at terms you can afford.

Photo Credit: Ricardo Liberato, via Flickr

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Hotels And Motels Financing: Help For Small Business

Help For Small Business

Hotels And Motels Financing: Help For Small Business

According to a new AP-Gfk poll, fewer Americans will hit the road this summer on vacation. Finances weigh heavily on the minds of many would-be travelers, and one-third of poll respondents say that they’ve already cancelled at least one trip due to financial concerns. Of those respondents who still plan to travel, two-thirds say they will visit another state. While this is good news for hotel and motel operators, banks may not see it this way. Hotels and motels financing may be harder to come by as both business and leisure travelers cut down on the number of overnight trips they plan.

Many hotel and motel operators qualify as small business, even if they operate under a franchise name. For hotel and motel operators who need cash to make improvements, repairs or pay bills, a merchant cash advance may be the best way to secure immediate financing.

With a merchant cash advance from Rapid Capital Funding, you can get the hotels and motels financing you need in a matter of hours. Compare that to applying for a loan from a bank. You might wait weeks for a decision, only to be turned down.

Why go through that hassle when Rapid Capital Funding will purchase a portion of your Visa and MasterCard credit and debit transactions. As each transaction is processed, a portion of the sale goes to repay your merchant cash advance and the rest comes back to you. You still get the money you need to run your business, and you get the money you need to make improvements, pay bills or expand.

There’s no monthly repayment commitment either, so when business is slow, you don’t need to worry about being caught short on cash. Contact Rapid Capital Funding today and find out how to collect your future credit card transactions today!

Photo Credit: Roadside Pictures, via Flickr

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Dentistry Business: Financing for Small Business

Financing for Small Business

Dentistry Business: Financing for Small Business

The dentistry business isn’t recession-proof after all. Dentists are reporting anecdotally that the recession is having an effect on their practices. More patients are cancelling appointments, or coming in for one last visit before dental insurance benefits run out or change. The unpredictability of the economy can make the process of finding dentistry business financing tough.

More businesses are cutting the number of employees and reducing benefits like dental insurance. Maintaining a dental practice can be difficult financially. Dental treatment technology is changing quickly, meaning that practices must update equipment to stay vital. If finding dentistry business financing is a challenge, Rapid Capital Funding can help.

A merchant cash advance could be the ideal dentistry business financing mechanism for your small business. If you accept Visa or MasterCard and generate at least $2,500 per month in credit and debit transactions, your business most likely qualifies for a merchant cash advance.

You don’t need to fill out long application forms, submit your books to microscopic examination, or wait weeks to find out if you’ve been approved. You don’t need to commit a minimum portion of your monthly income to repayment, either. Your merchant cash advance is repaid each time you process a credit or debit transaction. A small portion is used to repay the merchant cash advance and the rest comes back to you. Nothing could be simpler. There is no easier way to get the dentistry business financing you need with repayment terms you can afford.

Contact Rapid Capital Funding today!

Photo Credit: Steve Elgersma

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Gas Station Business Financing: Merchant Cash Advance

Merchant Cash Advance

Gas Station Business Financing: Merchant Cash Advance

A panel of experts brought together by the International Franchise Association says that while there is more franchising opportunity today than ever before, franchise financing is more difficult to acquire. Gas station business financing is being affected by changes in the way credit is issued to prospective new franchise operators. According to the panel, lending is shifting mostly from national lenders to local and regional lenders. Some franchisees can’t get financing at all.

Most gas station businesses are independently owned. A franchisee may own two or three stations, but for the most part, operates as a small business. One key element in getting gas station business financing from a national lender is experience. For prospective franchisees, demonstrating experience in the franchise is exceptionally important.

At Rapid Capital Funding, we offer a bank loan alternative known as a merchant cash advance. This loan alternative gives you the cash you need to expand your business, pay bills, hire employees, make improvements or do whatever you need to do to make your small business operate.

With a merchant cash advance, your small business helps itself. You can get the gas station business financing you need by selling a portion of your future credit card transactions to us. You get the cash you need fast without a long lending application process, monthly repayment commitments, making loan guarantees or putting up collateral. We have the gas station business financing you need.

Contact Rapid Capital Funding today and see what a merchant cash advance can do for your small business.

Photo Credit: Jim Crossley

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