Beware of Fraudulent Loans

Here is a  common fraud scam:
You need money, so you get a loan.  However, to get the loan, you have to pay money up front.  In the end, you never get your money.
More and more people and businesses are getting roped into fraud situations, where they pre-pay to get their loan - and then never get [...]

An Unsecured Alternative to Loans - For Businesses

I just read an article examining pros and cons of unsecured loans vs secured loans. 
I wanted to point out a third alternative for businesses which accept credit cards: credit card factoring.  Credit card factoring is also known as business cash advance, or merchant cash advance.  To learn more about it, go to our business cash advance website or [...]

Working Capital Loan vs Business Cash Advance

I felt like revisiting Working Capital today - and wanted to compare a Working Capital Loan to a Business Cash Advance. 
Working Capital Loans
Working capital loans provide small businesses with the possibility of rapid growth by allowing them to meet their short-term financial needs.  Working capital loans are generally used to pay wages, clear up accounts [...]

Getting a Loan - Customer or Salesman?

I just finished reading a long article for small business owners about how he/she needs to prepare for the meeting with a banker when requesting a loan.  It goes over Cash Flow, Balance Sheet, Collateral, etc, etc.  And it tells the business owner to “…remember the old sales adage, ‘Fail to prepare; prepare to fail.’”
It [...]

Helping Business Owners Get The Right Financing!

The business cash advance is a great alternative loan product that many business owners are cashing in on. The biggest problem with the business cash advance is that most business owners don’t even know they exist.
Many people who apply for business cash advances on our website have never heard of advance until reading our site’s [...]

Bank Loans vs Leasing vs Cash Advances

Many business owners have been turning to leasing as an alternative to bank loans.  Now, more and more businesess are also tapping into small business cash advance services as a financing solution.  Cash advances can be used either in combination with or in place of leasing.
The following list takes a quick look at various aspects of bank loans [...]

Beauty / Hair Salon Financing – A necessary but near impossible loan to acquire.

Growing a hair / beauty salon business requires financing! Lenders know that these business can really struggle with varying receivables and high overhead. A successful salon needs time to develop a loyal customer base. A salon’s success is based on a local following and until that business has established it’s “regulars” overtime, revenue can be very [...]

Link - Pros and Cons of Accounts Receivable Financing

Here is a reasonably good, apparantly unbiased article with pros and cons of accounts receivable financing from About.com.  I will post more articles as I find them.

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The Credit Crunch - What Options are Left?

Small businesses across the country are trying to survive the current credit crunch.  The recent changes in the credit market have resulted in much more restricted access to capital.  As any small business owner knows, access to capital is crucial to growing and surviving in business.
Capital was easy to come by for many small business [...]

Four Keys to Avoiding a Cash Flow Crunch

1)  Bill Your Customers
Your clients won’t pay you unless you ask them to.  Many small businesses only send out invoices when they find themselves short on cash.  If you are taking on a regular client, negotiate a regular invoice schedule.  Scheduled and prompt billing is the first step to improving your business’ cash flow; make [...]

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