admin August 28, 2018 No Comments

How a Merchant Cash Advance Can Bolster Your Business

Small businesses account for more than 99% of all American businesses. On top of that, they employ nearly half of all the nation’s workers. Despite these dominant numbers, the fact remains that small businesses often have major cash flow issues.

A merchant cash advance is a quick, easy solution

With a merchant cash advance, you can obtain loan amounts of up to $200,000. This type of financing is engineered for speed, so you can have your money in as little as 24 hours. And you can probably plan on the loan’s term only lasting a couple of years.

This is all important because when you need fast cash, your options are limited. After all, traditional lenders aren’t usually known for their rapid payouts. And when waiting weeks, or even months, to hear back on your loan approval isn’t an option, a cash advance becomes much more enticing.

admin March 14, 2016 No Comments

Equipment Loan Benefits

If you’re looking for a piece of equipment that’s going to boost your companies revenue, but you don’t have the money to buy it. Fortunately, there’s an equipment loan for that.

What Is An Equipment Loan?

Business equipment loans help business owners acquire equipment that would normally be too expensive to buy with cash. An equipment loan is a great way for companies that want to grow their revenues with a certain tool or piece of machinery. Most of the time, the immediate ROI from the equipment pays for the loan earlier than expected, making it an awesome financing option. When compared to an unsecured loan, an equipment loan is less of a risk for both borrower and bank.

Because every industry has it’s own type of equipment, the types of equipment loans are diverse. For example, some lenders specialize in financing only one type of equipment. In the construction industry, there are lenders that offer equipment loans only for heavy machinery.  In agriculture, there are equipment lenders that specifically help small farmers. For nearly every type of equipment you can think of (from commercial sewing machines to computers) there’s going to be a lender that finances that specific equipment.

Benefits Of An Equipment Loans

  • Relatively Easy to Obtain Equipment loans has the collateral built right in, which makes it less of a risk for the lender or bank. This makes it easier for you to get approved.
  • Preserves Cash Flow One of the best things about equipment loans is you can often find financing with no down payment. This allows you to use your working capital for other pressing needs.
  • Adds to Net Value Equipment loans can boost your net value quickly while protecting your cash flow.
  • Increases Revenue If you’ve done your research right, and that piece of equipment is what you need to take your business to the next level, an equipment loan is a no-brainer. It’s going to increase your income without the big hit to your operating capital.