FastUpFront Small Business Blog

It all seemed so promising… Last year, Senator John Kerry’s Small Business and Entrepreneurship Committee managed to not only save several small business loan programs that were effectively reduced or completely nixed under the President’s proposed 2009 budget, but they also managed to secure over $100 million in additional funding. This additional funding was supposed [...]

There are several attractive incentives to investing in a franchise business. By buying into a franchise opportunity, you can take advantage of a proven business model and an established brand recognition, not to mention all the training and support that many of the major franchisers have to offer. But with the economy in a recession, [...]

After all the politicking, President Obama finally signed into law last week the $787 billion recovery package designed to give a much needed boost to the U.S economy. Contained in the hundreds of provisions and over 1,000 pages of this bill are many opportunities for small businesses. You just need a little patience to sift through it [...]

One financing option which I have given less attention to in this blog than to other options is the “Unsecured Line of Credit”. This financing method has two things in common with business cash advance: “unsecured” and “financing”. That is where the similarities end. Unsecured lines of credit are gaining in popularity (among those who [...]

 In the following transcript from the podcast of The Great Big Small Business Show, we see that business cash advance through credit card factoring is gaining in popularity and reputability.    A simple “swipe” of a customer’s credit card keeps your working capital advance up to date. Since the rate at which they collect the money is determined by [...]

“O.K., folks, let’s move along. I’m sure you’ve all seen someone qualify for a loan before.” (Policeman talking to a crowd peering through a bank window.) I think many of us can appreciate this cartoon, especially now that getting a loan is so difficult. If your business doesn’t qualify for a bank loan, or you don’t [...]

A topic which I have become increasingly curious about recently regards Islamic Banking Laws.  Now, all I know is that risk is shared and there is no interest allowed. In credit card factoring, or business cash advance, we pay business owners money in advance, which they expect to be getting in credit card receipts over [...]

I found this cartoon on cartoonbank.com .  It reads:  “Here, perhaps you’d like one of our brochures on how we don’t give loans to people like you.” (Loan officer to man.)” I like this cartoon because it reminds me why I love being able to provide small businesses with alternative financing options. To see what [...]

If you are considering Credit Card Factoring / Business Cash Advance as a Cash Flow solution for your business, the next step might be picking an agency you want to work with.  I put together the 3 points which I consider the most important to examine before accepting a business cash advance from ANY agency. 1. [...]

Lets face it, if a business did not have to, it wouldn’t sell its’ receivables. Yet receivable factoring, in the form of invoice receivables factoring or a business cash advance (credit card factoring) is a very common and widely used financing option for small to large sized businesses. Although there can be many reasons why [...]