Blog posts tagged with "Merchant Funding"

How a Merchant Cash Advance is Different from a Business Line of Credit

January 19, 2018
Evaluating financing options can be stressful, especially when you consider all the choices that are available to business owners. Due to this, it can be challenging for business owners to decide on which product is right for them.

How to Get Approved for a Merchant Cash Advance, Even if You've Been Declined in the Past

January 15, 2018
A merchant cash advance can provide critical financial liquidity for businesses in need of additional financing. With a merchant cash advance, a funder will purchase a portion of your future credit card earning, and in return you’ll receive a lump sum amount. Unfortunately, some businesses have their merchant cash advance applications declined, due to various reasons.

What to Consider Before Applying for Another Merchant Cash Advance

January 08, 2018
If you’ve made effective use of a merchant cash advance, you may be tempted to apply for another one. Still, before you pursue another merchant cash advance, it’s worth analyzing how this product worked for your business. You’ll also want to consider how your business has changed since you received your first merchant cash advance. In some cases, a different type of financing could be a better fit, or perhaps you’ll need a larger or smaller lump sum.

Pros and Cons of a Merchant Cash Advance

December 29, 2017
If you accept credit card payments from your business’s customers, then you’ve probably heard of merchant cash advances. However, many business owners don’t understand this form of financing, and are unsure of whether it is a good option for them to pursue or not.

4 Ways to Use a Merchant Cash Advance

December 14, 2017
Don’t know how to use a merchant cash advance? You’re not alone. Merchant cash advances are a little-known and often misunderstood financing option for small business owners.

How to Determine the Amount of Working Capital Your Business Needs

December 07, 2017
Working capital is money that business owners use to pay their bills, make purchases, and afford other operating costs. Although it’s easy to understand what working capital is, it’s trickier to determine how much working capital your business requires. This is because your working capital needs will vary depending on several factors. These factors include your business’s industry, operating cycle, operational efficiency, and your goals as the owner.

Four Industries that Benefit from Merchant Cash Advances

December 05, 2017
Running a business can be an exciting venture, but there will be times that you need additional financing. You’ve probably considered a business loan, but have you thought about applying for a merchant cash advance? If your business receives most of its payments through credit cards, you could qualify for this financing product. With a merchant cash advance, you receive a lump sum, and remit a percentage of your future credit card sales to fulfill your obligation.

Why You Should Use Financing for a Business Expansion Project

September 13, 2017
If you’ve recently received a business loan, you should brainstorm ways that you can grow your operations. Progression is an important part of running a business, and having extra cash on-hand can give you the opportunity to improve your business’s future. In this post, we’ll explain the benefits of using a loan for a business expansion project, so that you can begin this exciting project!

Fora Financial named to Inc. 5000 list for fourth consecutive year

August 23, 2017
Fora Financial, a leading provider of flexible working capital solutions to small businesses, has been named to Inc.com’s list of the 5000 fastest-growing private companies nationwide for 2017. This marks the fourth consecutive year Fora Financial has made the acclaimed list, a distinction earned by only one out of ten honorees.

Why you should use business financing for paying bills and reducing debt

July 27, 2017
Once you receive business financing, you’ll likely have a few ideas on how to use it. While it can be beneficial to use it for expansion plans, new equipment or other developments, sometimes it is more valuable to use it for day-to-day responsibilities. For instance, you could use loans for paying bills or reducing debt.