Internet Shoppers Are In A Hurry!

In a study conducted by Forrester Consulting for content streaming service Akamai. Researchers found that 40 percent of all online shoppers expect to wait no longer than three seconds for an e-commerce site to load, while 47% of shoppers expect a Web site to load in two seconds or less. The study also showed that a highly optimized e-commerce site that loads quickly was a significant factor in site loyalty. Nearly eight of ten study participants said that a poor online experience would make them less likely to buy from the same online store again, and nearly 3 in 10 participants said that a bad online experience would make them less likely to make purchases at a brick-and-mortar store run by the same retailer.

Maintaining an excellent online shopping experience is exceptionally important, since a less-than-optimal experience may translate into reduced sales in a company’s physical stores. If you already have an Internet-based business, you may want to evaluate your online presence to see how well it meets the customer’s expectations.

Maintaining a positive Internet experience through solid site design can take a lot of effort and may require the assistance of professional Web designers and Web programmers. If you want to build or rebuild your online e-commerce site, Rapid Capital Funding can provide the working capital you need. Contact Rapid Capital Funding today to see whether your business qualifies for one of our small business loan alternatives.

Photo Credit: Q. Thomas Bower, via Flickr

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Business Cash Advance Could Get The Cash Flowing

It may sound counterintuitive, but a business cash advance could be a good move for your business. “You can’t borrow your way out of debt” is among the basic truths you’ll find in business. In tough economic times however, businesses that have enough cash on hand are the ones that tend to survive.

A business cash advance can help you conserve your cash and still help you make the purchases you need to keep your small business running. A business cash advance uses the power of your future credit card transactions to get you the cash you need today. If your US-based business accepts Visa or MasterCard and generates credit or debit receipts of at least $2,500 per month, you’re likely qualified for a business cash advance from Rapid Capital Funding.

Unlike a bank loan, there’s no monthly payment to make, no long application to fill out, no waiting period and no explaining what you need the money for. There’s also no collateral and no personal guarantees. Just the money you need when you need it. Rapid Capital Funding can usually get you the cash you need within 72 hours.

Each time you process a credit card transaction, a small percentage of the transaction is diverted to repay the cash advance. The more transactions you process, the more you repay. The fewer transactions you have, the slower your repayment is. That’s one reason so many merchants like the business cash advance. The repayment is flexible. It doesn’t require you to commit a large amount of your receipts to repayment of the cash advance.

Rapid Capital Funding also has special restaurant financing programs, and programs for other businesses with a high transaction volume. Don’t let your business run out of cash, and don’t spend the cash you have if you don’t absolutely have to. Let Rapid Capital Funding show you how a business cash advance can get you the cash you need when you need it.

Photo Credit: Agata Urbaniak

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SBA Loans May Not Give Your Business Cash

A lot is being made lately of President Obama’s plan to help small business. Buried in the American Recovery and Reinvestment Act of2009 is $15 billion earmarked for the repurchase of Small Business Administration loans. The move is designed to free up new cash for lending to other small businesses, but the effect of the changes is anything but clear.

The move is an effort to jump-start the frozen secondary credit markets, but many analysts caution that it will take a lot more than a few billion dollars to get banks to make new loans. Experts caution that the small business provisions of the bailout will help a limited few businesses. Most small businesses will not be eligible for assistance, nor will many small businesses want to take on loans to get through difficult times.

More in line with what small businesses need is the new aid recently promised by the Obama administration to the automotive suppliers. Some suppliers will be able to tap into TARP cash in order to weather the storm. These suppliers will be guaranteed enough cash to make their payrolls, and industry analysts say the plan had better work. An estimated 600,000 jobs hang in the balance, and a significant drop in the number of suppliers or the availability of auto parts could spell disaster for not only the Big 3 but any automaker who builds cars today.

Cash is what small business owners need most right now but banks aren’t lending, even with increased SBA loan guarantees by the federal government. If your business needs cash, and accepts Visa or MasterCard, you may be eligible for a merchant cash advance. Unlike a regular credit card cash advance, a merchant cash advance uses the power of your future credit card transactions to deliver the cash you need for your business today. As your transactions come in, a small portion of the revenue is diverted to repay your cash advance.

A merchant cash advance is flexible, too. You can receive as much as 1.5 times your average monthly credit and debit receipts, and because repayment is based on your transaction volume, your repayment rate remains in step with your business cycles. When your transactions increase, so does your repayment rate. When transactions slow, your rate of repayment slows, too.

A merchant cash advance doesn’t depend on your good (or bad) credit, so no matter what your credit looks like, you can still benefit from a merchant cash advance. Contact Rapid Capital Funding today to see what we can do for you.

Photo Credit: Shai

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Merchant Cash Advance Could Ease Small Business Suffering

A merchant cash advance offers one more option for small businesses looking for ways to get more cash into their accounts. In the world of business, adequate cash flow is essential. Today, with tightened lending standards and the slow economy, small businesses are finding it tough to get the cash they need when they need it.

That’s where a merchant cash advance can help. A merchant cash advance from Rapid Capital Funding can put cash into your account in a matter of hours. Most advances are processed and paid within 72 hours!

A merchant cash advance isn’t like a bank loan. There are no long applications to fill out, no waiting periods to find out if the loan has been approved, and no monthly repayments. How does a merchant cash advance work?

Simply put, you collect payment for your future credit card transactions up front from Rapid Capital Funding. As those transactions are actually made by your customers, a small percentage of the money is returned to Rapid Capital Funding. You pay off your advance as your transactions come in. You get the cash you need right away, and payback terms are easy.

There are no monthly bills to pay, because repayment occurs each time a transaction is processed. When your transaction volume is high, your repayment occurs more quickly. When your transactions slow down, so do your repayments. A merchant cash advance is a flexible, easy and fast way to get the cash your business needs. Even merchants with less than perfect credit can qualify for this service.

Contact Rapid Capital Funding today to find out how a merchant cash advance can work for you!

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A Merchant Cash Advance Can Help You With Payroll Taxes

Nothing in life is certain but death and taxes. And payroll taxes for small businesses are due on Monday, March 16. If you scramble each quarter or half to make your payroll tax payments, consider a merchant cash advance to help you through the rough spots.

A merchant cash advance leverages your future credit card transactions to deliver the cash you need right now. A merchant cash advance isn’t like a loan. There are no long application forms to fill out, no collateral to put up. Your credit doesn’t even play a big role in whether you are approved for your advance.

The major factors in securing a cash advance for your US-based business are whether or not you accept Visa or MasterCard, and whether your business generates credit and debit receipts of at least $2,500 each month. If so, you’re likely to be approved for a cash advance.

Once the cash is in your hands, your credit card transactions go to work to pay back the advance. A small portion of each transaction is diverted to repay the advance. The more transactions you register, the faster your advance is repaid. When business slows down, so does the rate of repayment.

The flexibility of a merchant cash advance means that your repayment matches your business cycles. Rapid Capital Funding also has special restaurant financing plans. You can always get the cash you need to pay bills, buy equipment, or cover unexpected expenses like repairs. You can also use the cash to pay taxes, make your payroll or cover late receivables.

Unlike a bank, we don’t want reams of financial statements, or an explanation of why you need the money. We don’t dive deep into your financial records or make you wait weeks or months for approval. In most cases, we can get you the cash you need in hours or days.

Cash is king and Rapid Capital Funding can help your business get the cash it needs to keep moving, even in these troubled times. Contact Rapid Capital Funding today for more information on how we can help you.

Photo Credit: Steve Woods

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Merchant Cash Advance May Take The Place Of A Small Business Loan

Form small businesses today, the need for cash is acute. Getting cash, however, is not as easy as it once was. This inability to get cash can be deadly for a small business; that’s why so many businesses are turning to a merchant cash advance.

Merchant cash advances are easier to get than small business loans. There are few forms to fill out, and no long waiting periods. Credit history is a major determinant in the small business loan process, but merchant cash advances work much differently.

If your business accepts Visa or MasterCard, is registered in the US and generates at least $2,500 in credit and debit receipts each month, you’re more than likely eligible for a merchant cash advance. About ninety-five percent of business owners who apply for a merchant cash advance are approved. That means you can get the money your business needs in a matter of days, not the weeks or months it would take to get your loan approved through a bank.

There’s no collateral to put up, no guarantees to make. Just cash. Fast.

Rapid Capital Funding specializes in getting businesses the cash they need fast. Advances of as much as 1.5 times the amount of your monthly credit and debit receipts are available, as are special financing programs for high-transaction volume businesses like restaurants and retail outlets.

Your advance is repaid as future credit card transactions come in. The more transactions you register, the faster your advance is repaid. When your business slows down, your advance repayment does, too. That’s why so many business owners like merchant cash advances. Their flexible repayment fits in with your monthly sales cycles.

Contact Rapid Capital Funding for more information about merchant cash advances and what they can do for your business.

Photo Credit: Pedro Simão

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Banks Less Accepting Of Homes As Collateral For Small Business Loans

A new survey by the Small Business Research Board shows that banks are looking twice at loan applications from small business owners who use their homes as collateral. Of the survey respondents who said that they use their home as collateral, about half of them reported that their banks had changed their small business credit limits, and slightly less than half of those reported that the change amounted to an increase in the small business’ credit limit. That’s a decrease of more than 20 points from previous studies.

In most cases, the small business owner’s credit limit was reduced, and the majority of the reductions were by more than 10 percent. One third of the survey respondents said that credit was more difficult to get, and one-fifth of respondents said that getting credit for their small business was “impossible.”

When you’re running a small business and need cash, the last thing you want to hear from a bank is “No!” Possibly the only thing that’s worse is having the bank decrease credit lines they’ve already agreed to extend to you. Fortunately, if you operate a US-based business that accepts Visa or MasterCard, and has credit and debit receipts of at least $2,500 per month, you are likely to qualify for a merchant cash advance from Rapid Capital Funding.

A merchant cash advance allows you to use your future sales to generate the cash you need today. Rapid Capital Funding can extend up to 1.5 times your monthly credit card receipts to you in just a few days. You can get the cash you need without a long application process, credit checks, collateral or personal guarantees. You get what you need when you need it.

Paying back the advance is simple. As your credit card transactions are processed, a small percentage of the transaction is forwarded to Rapid Capital Funding, and you keep the rest. You pay off your cash advance one transaction at a time. When business is good, your cash advance is repaid faster. When your business slows, so does your rate of repayment. This flexibility means that you’ll get the cash you need now and won’t be left high and dry when you’re repaying your advance.

If you’re having a hard time getting your banker to listen, stop talking to your banker and start talking to Rapid Capital Funding!

Photo Credit: Jan Stastny

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Entrepreneurs Turning To Small Business Financing Alternatives

If you’re a small business owner today, you know that small business financing is one of your biggest challenges today. Banks have restricted the flow of credit, making it very difficult for small business owners to get the cash they need when they need it. Lines of credit have been pared down or cut back altogether. Sales volumes are down, and receivables are taking longer to collect today than they did just six months ago.

For many small businesses, cash flow is what makes the business operate. Having the ability to tolerate a longer receivables cycle, having the cash on hand to cover unexpected expenses and periodic expenses like payroll taxes, may be the difference between surviving and shutting down.

In the absence of bank lending, small businesses are turning to other options to get the cash they need. One relatively new alternative is the microloan. Microloans are popular in third-world countries and provide small amounts of cash. Often, these small dollar loans come from non-profit organizations that provide start-up cash, or supportive capital for existing businesses. In many cases, microloan recipients are required to pay higher interest rates and take business classes in order to qualify for the loan.

For existing businesses, there is a better option. If your US-based business accepts Visa or MasterCard, and has credit or debit sales of just $2,500 per month, you may qualify for a merchant cash advance through Rapid Capital Funding. A merchant cash advance isn’t like a loan from a bank. There are few credit requirements, no collateral and no personal guarantees. The merchant cash advance provides immediate cash to you. You pay back the advance each time you take in a credit or debit card transaction.

The merchant cash advance isn’t like a loan that hangs over your head each month. The cash advance is repaid on a percentage basis and is tied to your sales. When your sales are low, your repayment is low. When your sales increase, your repayment accelerates. It’s a highly flexible, responsive way to repay your advance because it takes into account the ebb and flow of sales in your business.

What’s more, you’re not required to explain to us what you plan to do with the money. Use the money in whatever way you need to. Pay bills, expand your operations, replace equipment, cover your payroll or boost your cash on hand. Rapid Capital Funding is just here to help you succeed in this tough economy. If you would like more information about Rapid Capital Funding’s merchant cash advance, don’t wait! Contact Rapid Capital Funding today.

Photo Credit: M.Grenner

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