Internet Business Financing: Loan Alternative

Today’s retailers understand that the Internet represents a new opportunity to reach markets that may have been closed to them in the past, but having an Internet presence that meets the customer’s needs takes more than just a little IT help. If you’re a traditional retailer, but you want to expand your business to include Internet sales, you may be looking for Internet business financing.

Rapid Capital Funding offers a loan alternative that will provide the working capital you need to establish your Internet business.

If you already accept Visa or MasterCard from your traditional retail customers, Rapid Capital Funding can put cash in your pocket within hours of your application. Good credit, bad credit or no credit – none of that matters. If your business accepts Visa or MasterCard and generates at least $2,500 monthly in credit and debit card transactions, you’re likely qualified for a merchant cash advance from Rapid Capital Funding.

Unlike some business cash advance providers, Rapid Capital Funding considers each application individually. We don’t rely on industry data to make our funding decisions. Each applicant gets the benefit of our individualized analysis, because we recognize that individual businesses have what it takes to succeed even when their industries as a whole are not performing well.

Contact Rapid Capital Funding today to learn more about this loan alternative, and how it can provide the working capital you need to get your Internet business up and running.

Photo Credit: Daniel Broche, via Flickr

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Automotive Business Financing: Penske Purchases Saturn From GM

GM announced on Friday that it had reached a deal with auto racing superstar Roger Penske to sell the troubled carmaker’s Saturn brand. Penske Automotive Group says that initially it will offer Saturn franchises to all remaining 350 Saturn dealers, and keep all 13,000 employees on the payroll. GM will produce the Saturn Outlook, Aura and Vue vehicles for Penske on a contract basis for the mean time. No information on the automotive business financing arrangement between GM and Penske Automotive Group were released, but the deal will have to pass muster before a federal bankruptcy judge.

Penske will also use the dealer network to purchase and sell other GM vehicles, as well as products from Renault SA. It is believed that Penske Automotive Group (PAG), which is traded on the New York Stock Exchange, has enough working capital to finance the deal. GM is providing $2.5 billion to finance the buy out of parts supplier Delphi by a private equity firm.

If you’re in the automotive business, no matter how large or small your operation is, Rapid Capital Funding can provide an outstanding loan alternative to get you the working capital or automotive business financing you need.

Designed primarily to meet the needs of small business owners, Rapid Capital Funding can get you the financing you need in a matter of hours, without credit checks, long application processes and low success rates. Good credit, bad credit and no credit are all OK. As long as you accept Visa or MasterCard at your automotive business, financing is available for you. Contact Rapid Capital Funding today to learn more about our loan alternative and how it can get you the working capital you need right now!

Photo Credit: David Mason

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