It’s been several years since the disaster in New Orleans occurred. It was hard to believe (then) that the city would ever regain it’s flavor, and become a viable place to live, visit, and play. That day has happened, and that day is now. The city is back on it’s feet, and better than before [...]
When a new merchant comes to us for a merchant cash advance, and decides to move forward with the application process, there are other documents we need to receive in order to correctly underwrite a merchant cash advance. Compared to loan/advance industry standards, Fast Merchant Advance makes this step fairly easy. Banks, as well as [...]
Gift cards have become the most popular gift given today. Instead of tirelessly shopping for someone, not knowing what to get them, you can simply buy a gift card, and that person can purchase their own gift. Consumer gift cards were a billion dollar industry in 2010, and this number keeps rising year by year. [...]
We’ve written all about what types of merchant cash advances we can do, but haven’t mentioned the types of merchant advances we can’t fund. There are certain industries that we simply cannot work with either because of their business nature, or simply the risk is too high. If a merchant’s business is a restaurant, retail [...]
We all live in a world where everything is moving from manual processes to electronic. With new technology comes a new responsibility, especially when dealing with sensitive information, such as credit card data from merchant to merchant. With the increase of electronic fraud reported, it has now been mandated that we must take extra measures [...]
It’s been said that the early bird gets the worm, and that was accurate up until a short time ago. Now, the saying is more like “the techno savvy bird will get that worm”. Today’s business environment is no different. Technology is paving the way not only for new types of businesses, but improving existing [...]
Merchant Cash Advances can be used for a variety of uses, not just expansion and marketing campaigns. In some cases, a business owner will come to us in need of working capital to catch up on past due bills and other debts such as tax liens. Unfortunately not everyone will qualify for a merchant cash [...]
There are vast differences between a traditional bank loan and a merchant cash advance. A merchant cash advance, although more expensive is actually much more flexible that a standard bank loan. A bank loan, especially these days is an extremely hard thing to come by. Not only are the requirements unbelievably stringent, but the rates [...]
You’ve probably heard people talking, as well as on the news that the US economy is getting better each day. Although, the economy is not back to where it once was, it certainly is on the rise. Consumers are starting to come out of “spending hibernation” and begin to shop, eat at restaurants, and take [...]