Debt Consolidation – Can It Work For You?

March 31, 2009

Social Lending (or Peer Lending) Networks offer a good alternative to traditional bank loans for credit worthy applicants

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Is a Merchant Cash Advance Right for Your Business? – Part III

March 10, 2009

When it comes to Merchant Cash Advances,  we’ve now covered the good, the bad . . . and now its time for the . . . you guessed it – the ugly.

In my opinion, the nastiest part of the Merchant Cash Advance industry stems from the fact it is unregulated. (No, I’m not a [...]

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Is a Merchant Cash Advance Right for Your Business? – Part II

March 7, 2009

Yesterday, we covered the positives of a Merchant Cash Advance as a source of working capital for your business.   To recap: they are fast (funds are usually available within 5 – 10 business days); unsecured; don’t show up or tie up your personal credit; and are available to those with less-than-perfect credit and in industries that [...]

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Is a Merchant Cash Advance Right for Your Business? – Part I

March 6, 2009

The Merchant Cash Advance is a rapidly growing source of alternative working capital for small businesses.  With a Merchant Cash Advance, a merchant sells a percentage of his or her future credit card receipts in exchange for an upfront lump sum amount.
Here’s how it works:
Let’s say your business does $10,000 a month in credit card sales and a funding company [...]

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