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Archive for the ‘Merchant Cash Advance’ Category

bad credit startup loan

Don’t Let Bad Credit Stop You From Getting A Startup Loan

Few things in life feel as good as a fresh start. This is especially true when you’re launching a new business and are full of enthusiasm to start making your dream a reality. But if you’ve been through some financial hardships that have left your credit score battered and bruised, a fresh start can be hard to come […]

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Jul 24, 2017 Filed under: Business Loans, Invoice Factoring, Merchant Cash Advance, Peer-to-Peer Loans 0
merchant cash advance industry

What is a Merchant Cash Advance?

If your business needs money, but doesn’t qualify for a traditional loan due to poor credit scores or a short business history, you aren’t out of options quite yet: a merchant cash advance (MCA) provider might be willing to advance you money—and fast. Unfortunately, many financial professionals warn against using this type of financing; the […]

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Jun 28, 2017 Filed under: Merchant Cash Advance 4

Merchant Cash Advances and APRs

Small business owners searching for a merchant cash advance (MCA) or short-term business loan (STL) are often surprised to learn—after the fact—that their capital has come with a very high effective annual percentage rate (APR). The fact that your merchant cash advance might have an effective APR of, for example, 150% can be a big surprise. After all, that’s a very […]

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May 22, 2017 Filed under: Business Loans, Merchant Cash Advance 0
double dipping merchant cash advance short term loan

Double Dipping: The Hidden Cost of a Merchant Cash Advance

Merchant cash advances (MCAs) and short-term loans (STLs) are an easy way for merchants to borrow cash for business purposes. Although these types of financing often get a bad rap, many legitimate business funders offer merchant cash advances and short term loans. However, because these types of funding are still relatively new and often misunderstood, some […]

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May 16, 2017 Filed under: Business Loans, Merchant Cash Advance 0

4 Ways To Get An Emergency Loan

You made a plan. It was a good plan. It was practical and well thought-out; it accounted for all expected hurdles. But then something happened that you weren’t expecting and you don’t have the funds to cover it. Now you need an emergency loan. The good news is that you’re not alone. In fact, your […]

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Apr 5, 2017 Filed under: Business Loans, Merchant Cash Advance 0

PayPal Working Capital Loan Declined? Try These 5 Alternatives

PayPal Working Capital loans are a convenient and relatively low-cost way for merchants who use PayPal to borrow money. Applications are short, repayment is automatic, and fees are normally very low. Unfortunately, merchants report being denied this service, often without a clear explanation as to why. While some merchants report success after waiting a few days and reapplying, some […]

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Mar 31, 2017 Filed under: Business Loans, Merchant Cash Advance 0

Merchant Cash Advances: Are They Really That Fast?

  Have you been thinking about getting a merchant cash advance (MCA)? Perhaps you’ve seen some fancy ads promising fast approval, easy qualifications, and funding within 48 hours. The good news is that those aren’t pie-in-sky targets. It is, indeed, possible to get your money that quickly and easily. The bad news is that there are […]

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Mar 22, 2017 Filed under: Merchant Cash Advance 0

The 7 Best Square Capital Alternatives

Square Capital loans are, understandably, beloved by most Square users. For the most part, Square has streamlined the typically long, drawn out, and inconvenient loan process. With a Square Capital loan, you don’t have to spend time filling out long applications, gathering various documents, and remembering to write checks. It’s no wonder Square Capital is one […]

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Mar 21, 2017 Filed under: Business Loans, Merchant Cash Advance 0