Financing For High-Risk Businesses: Merchant Cash Advance

If you ask a banker these days, every business is a high-risk business, so finding finacing for high risk businesses is time-consuming, expensive and hard. Rapid Capital Funding offers a special financing alternative for small business that isn’t a loan and isn’t hard to get. A merchant cash advance enables you to sell a portion of your Visa and MasterCard transactions for cash up front.

You don’t need to explain what you want the cash for, or provide reams of financial data in order to help us make our decision. Simply fill out the application and you’ll know almost instantly whether your small business qualifies for a merchant cash advance. If you have Visa or MasterCard credit or debit transactions of at least $2,500 per month and are based in the US, you’re likely qualified for a merchant cash advance.

Rapid Capital Funding supports small businesses by providing alternatives to bank loans that support the aims of your business. A merchant cash advance will enable you to get the cash you need for your business and get back to business in a matter of hours or days. You won’t get that kind of express loan treatment from a bank. You could wait weeks or months for a lending decision.

If you want to keep your business moving forward, contact Rapid Capital Funding today and let us show you how a merchant cash advance can provide the financing for high risk businesses that you need, and that makes sense for your small business.

Photo Credit: Esther Harlow

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Dry Cleaners Business Financing: Merchant Cash Advance

For dry cleaners businesses, going green can be expensive, and dry cleaners business financing is considered a hard sell for banks. Compounding the problem is a confusing turn of stance by the EPA on perchloroethylene (PCE) a dry cleaning solvent that has been linked to cancers in humans, as well as neurological problems and liver damage.

The EPA has already ordered dry cleaners to eliminate the use of PCE by 2020, but is now reconsidering its ruling. The ruling applies only to dry cleaners businesses in residential buildings, but advocacy groups are trying to get the ban extended to commercial buildings as well. The use of PCE is controversial, even among dry cleaners. Increased regulations and costs associated with PCE are causing more dry cleaners businesses to look for alternatives to PCE. For cleaners who are interested in incorporating new technologies into their businesses, a merchant cash advance may be a good way to find funding for expansions, renovations and compliance regulations.

Most dry cleaners businesses are small business, and often operate as family-owned businesses. Small business owners don’t always have access to dry cleaner business financing, which banks see as a high risk. From the consumer’s perspective, dry cleaning is necessary, but also expensive, and consumers have responded by buying fewer garments that require dry cleaning.

A merchant cash advance enables dry cleaner businesses to sell a portion of their future credit card transactions for cash up front. Rapid Capital Funding will purchase your transactions, and you get the cash you need to expand, improve or upgrade your business equipment.

Contact Rapid Capital Funding today to see how a merchant cash advance can provide the dry cleaners business financing you need to keep your doors open.

Photo Credit: Keith Ivey

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Minority Business Financing: Merchant Cash Advance

When it comes to minority business financing, small business owners have few options. Although government programs exist specifically to provide minority business financing, many small business owners can’t or don’t take advantage of them for one reason or another. Small business loan volumes have evaporated as bank lending standards have tightened. Small business owners may be forced to remortgage their homes or other assets just to get the minority business financing they need to operate their businesses.

For some, an ideal financing option is a merchant cash advance from Rapid Capital Funding. A merchant cash advance isn’t based on your credit, and it isn’t a loan. With a merchant cash advance, you sell a portion of your future credit and debit transactions for cash up front. Your credit is virtually irrelevant because the merchant cash advance is based on the Visa or MasterCard transaction volume of your business.

As the transactions come in, a portion of the sale is used to repay the merchant cash advance. The rest of the transaction cash comes back to you. There are no monthly payments to make, no collateral to put up and no personal guarantees. You get the minority business financing your small business needs, and repayment is a breeze.

Contact Rapid Capital Funding today and learn how you can use a merchant cash advance to take your business to the next level.

Photo Credit: Eric Mesa, via Flickr

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Hotels And Motels Financing: Merchant Cash Advance

In some areas of the country, tourism is down and that translates into lower tax revenues from hotels and motels for city and county governments. Oswego County, in New York State reports that its tax revenues collected from hotels and motels in the last quarter of 2008 was off by more than 10%. First and second quarter revenues were down significantly from that. If you’re looking for hotels and motels financing to pay taxes or make improvements, and the state of the economy has eliminated your chance for a bank loan, consider a merchant cash advance as a way to get the hotels and motels financing you need for your small business.

A merchant cash advance is ideal for hotels and motels financing, and it’s an alternative that a small business can afford. A merchant cash advance isn’t a bank loan. Rapid Capital Funding will purchase a portion of your future credit card transactions for cash. You get the cash you need up front to pay bills, make improvements or do whatever you need to do.

A small portion of each credit card transaction is used to repay your merchant cash advance. The rest of the transaction cash comes back to you. You get the money you need up front, and you still get most of the cash from each transaction when they occur. This arrangement is perfect for businesses that process a high volume of credit card transactions.

A small business like a hotel or motel needs all the help it can get in these tough economic times. Contact Rapid Capital Funding today and find out how your small business can get the hotels and motels financing it needs through a merchant cash advance.

Photo Credit: Alfonso Surroca, via Flickr

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Dentistry Business Financing: Merchant Cash Advance

A new poll released Thursday by the Kaiser Family Foundation suggests that six in ten American families are economizing on health care costs by delaying doctor visits, dental work, and prescription refills. This delay can be significant for a practitioner like a dentist. Finding dentistry business financing from a bank can be a challenge when your receivables are down.

Instead of working with your bank, consider taking a merchant cash advance for your small business. A merchant cash advance doesn’t tie you down to minimum monthly payments, collateral or personal guarantees.

A merchant cash advance allows you to leverage your future credit and debit card sales right now. You get the cash you need in exchange for selling a portion of your future transactions. As the transactions are processed, your merchant cash advance is repaid. Only a small portion of each transaction is used to repay the advance, so you still get the cash you need to run your small business.

Because repayment of the merchant cash advance is tied to transaction processing, we get paid only when you get paid by credit card. The cash portion of your business isn’t affected, so a merchant cash advance doesn’t commit your incoming cash sales to the repayment of your advance.

Small businesses are having a tough time in today’s economy, and even professionals are affected. A merchant cash advance from Rapid Capital Funding can get you the dentistry business financing you need along with a repayment method you can afford. Use the cash to expand your business, replace old equipment, add new equipment or whatever you need.

Contact Rapid Capital Funding today and let us show you how a merchant cash advance can provide the dentistry business financing your small business needs!

Photo Credit: Jennifer Coughenour

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Gas Station Business Financing: Try A Merchant Cash Advance

More than half of Southern California’s nearly 4,000 gas stations have missed an April 1 deadline to install gasoline vapor traps as required by state law. Some station owners report that the cost of the installed systems is approaching $40,000, a figure that has left some station owners scrambling to figure out how to pay for the systems. Gas station business financing isn’t easy to come by right now. Although many stations bear the name of large companies, they’re individually owned small businesses.

Because these small businesses process a large volume of credit card transactions, a merchant cash advance may be the ideal solution to provide the cash they need to comply with the state’s new environmental regulations.

A merchant cash advance isn’t a loan; it allows you to sell a portion of your future credit card transactions to get the cash you need right now. With a merchant cash advance, there is no monthly repayment; each credit or debit card transaction you process helps to pay back the cash advance. When business is good, your advance is repaid more quickly. When business is slow, your repayment slows too.

Gas station business financing has never been easier, and your small business can be approved for a merchant cash advance in a matter of hours – not weeks or months, like a loan from the bank. There’s no collateral to put up, and your small business can qualify even if your credit is bad.

Contact RapidCapital Funding today to learn how you can find the gas station business financing you need to run your small business.

Photo Credit: Riza Nugraha

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Financing For High-Risk Businesses: Try A Merchant Cash Advance

If you’re in the market for financing for high risk businesses, consider a instead of a high-interest loan. For small businesses that might otherwise not qualify for financing, a merchant cash advance may help you get the financing for high-risk businesses fast!

Rapid Capital Funding will purchase a portion of your future credit card transactions. In exchange, you get the capital you need to operate your business, expand, purchase new equipment or do whatever you need to do to make your small business grow!

A merchant cash advance isn’t a loan. There’s no collateral and no personal guarantees. Unlike the banks, Rapid Capital Funding will take a risk on your business, and without the long application and approval process a bank will put you through.

At Rapid Capital Funding, we know that operating a small business is tough, and finding the financing for high risk businesses can be even tougher. That’s why so many of our small businesses appreciate the ease and convenience of a merchant cash advance. As long as your small business accepts Visa or MasterCard, and generates receipts of as little as $2,500 per month, Rapid Capital Funding can provide financing for high-risk businesses like yours in just a matter of hours! Contact Rapid Capital Funding today and let us show you how a merchant cash advance can work for you.

Photo Credit: Ove Tøpfer

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Dry Cleaners Business Financing May Just Be A Merchant Cash Advance

Dry cleaners business financing is something of a trick for banks during a recession. Dry cleaners, it turns out, are highly susceptible to changes in consumer spending. A survey conducted in March 2008 of dry cleaner operators showed that three of four operators said that the US was already in recession at that time, months before the official pronouncment of recession was issued. So what do small business owners know that economists don’t?

Dry cleaners deal with working professionals every day, and have good insight into changes in employment, and people’s overall willingness to spend money. Dry cleaning is considered a luxury, so when a recession starts, dry cleaners’ business financing reflects the change right away. Operators are also finding that a better way to get the dry cleaner business financing they need is to get a merchant cash advance from Rapid Capital Funding.

A merchant cash advance puts money in your account up-front. You sell a portion of your future credit card sales to Rapid Capital Funding. In exchange, you get the money you need to improve your small business, pay bills, buy or lease new equipment, or make your small business more cost-effective to operate.

As each new credit card transaction is processed, a small percentage of the sale is returned to Rapid Capital Funding to repay the merchant cash advance. The rest of the sale comes back to you. Three out of four small businesses that take a merchant cash advance take a second one after the first advance has been repaid. That says a lot about how a merchant cash advance can help a small business like a dry cleaner get the cash they need when they need it, without having to wait and without having to provide mountains of documentation.

Contact Rapid Capital Funding today and let us show you how a merchant cash advance can provide the dry cleaners business financing you need to ride out the recession.

Photo Credit: Lotus Head

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Business Financing: Minority Business Loans

In business financing, minority business loans can be hard to come by, even under the best of economic circumstances. In a recession, banks aren’t lending to anyone, and start-up companies and would-be entrepreneurs have a tough time finding business financing. Minority business loans aren’t immune, even though many federal programs exist to encourage and guarantee repayment of minority business loans. If your small business falls into this category, consider a merchant cash advance from Rapid Capital Funding instead of a minority business loan.

Rapid Capital Funding will purchase a portion of your future credit card transactions. As the transactions come in, a small percentage of the sale is used to repay the advance, and the rest comes back to your business. A merchant cash advance gives you cash up front – up to $250,000 depending upon your monthly transaction volume. A merchant cash advance isn’t dependent on your business’ credit rating, so good, bad or no credit isn’t a problem.

If your small business is based in the US, accepts Visa or MasterCard and generates at least $2,500 per month in credit and debit sales transactions, you’re on your way to getting the cash you need to run your business. There’s no long application process, no waiting and no need to supply reams of documentation about your business. We also don’t require collateral or personal guarantees.

You can request as much as 1.5 times your average monthly transaction volume, and repayment is easy. There is no monthly bill to pay and your repayment depends on your transaction rate. We get paid when you get paid, so when business slows down, your repayment rate does too.

Contact Rapid Capital Funding today for more information about business financing and minority business loan alternatives for your small business.

Photo Credit: Sofia Henriques

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Business Cash Advance Is A Seasonal Business Loan Alternative

A business cash advance is a wonderful seasonal business loan alternative. The economy is changing rapidly and that’s not good news for seasonal small businesses.

If you ended last season with the expectation of being able to get a small business loan, you could be in for a surprise. Banks view seasonal businesses as risky, and right now, banks aren’t willing to take any chances on the loans they write. A business cash advance can put the money you need to start, expand or support your seasonal business in a matter of hours.

The approval process for a seasonal business loan alternative from Rapid Capital Funding is almost as fast as the application process is. We don’t ask for reams of documentation about your past business performance or your future plans. We simply provide the cash you need to run your small business.

You aren’t required to put up collateral or make personal guarantees. In a business cash advance, we purchase a portion of your future credit card sales. As the transactions come in, a portion of each sale is used to repay the advance; the rest comes back to you.

The banks don’t want to take any risks right now, but at Rapid Capital Funding, we take the risk because we believe that your small business can succeed, even in these challenging times. A seasonal business loan alternative from Rapid Capital Funding can put cash in your accounts almost instantly, so you can be “open for business” as soon as the season starts.

Your business may be small, but the US economy depends heavily on small businesses, especially when the going gets tough. If the bank turns you down for a loan, come to Rapid Capital Funding for a seasonal business loan alternative so your small business can move on to bigger and better things!

Photo Credit: Andre Ancion

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