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Why Every Small Business needs an Alternative Funding Action Plan?

Why Every Small Business needs an Alternative Funding Action Plan?

Why do you need an alternative funding action plan for your small business?  Credit is tight on main street.   Those too big to fail banks and corporations are swimming in cash.  Most of the money is held with a stronger grip than scrooge or is stashed away offshore to avoid the punitive 39% corporate tax, the highest in the world.   What is a small business to do when it needs working capital?   

Blindbid always advises to start with your bank.   Even if you don’t need money right now, pretend that you do.  The economic  situation will not change much ...


Merchant Cash Advance For Florists

Merchant Cash Advance For Florists

Entrepreneurs dealing in Florists business are doing a good job. It does not take a fortune to start and set up a florist business. It is a business which be started with low capital. Such a business also has stiff competition. The shelf life of the products is very short. So people have to be on the lookout for good clientele and should possess a variety of flowers which are unique and fresh. Financial resources are required to have abundant stock. The entrepreneurs keep looking for options to be in the business.

Bank’s finance is usually not available for ...


Merchant Cash Advance For Liquor Stores

Merchant Cash Advance For Liquor Stores

Liquor stores are prominent outlets where quality liquor is made available to people Entrepreneurs dealing in liquor are doing soaring business. It is a costly venture. Setting up a quality liquor store requires huge expenses.  

Banks are reluctant to finance liquor stores because of the fragile nature of liquor business. Quality liquor properly brewed and of standard brand, ensuring quality, is very costly and has few buyers. Whatever the nature of business, it has a clientele which is ever growing with rising economy.

The entrepreneur requires finances to set up liquor store. There are various options available namely bank’s ...


Merchant Cash Advance for Auto Repair

Merchant Cash Advance for Auto Repair

Auto repair business, a small business enterprise is a good business. Setting up and running such a business requires lot of capital. Automobile business is an ever increasing business. This sector is doing soaring business with lot of companies from advanced countries jumping in the fray with their latest automobiles are competing neck to neck with each other. This provides people from all walks of life and from all nook and corner owing vehicles. All these vehicles require maintenance and spares.

Auto repair business requires lot of funds. Big auto repair gadgets, hydraulic machines, spacious workshops with standard equipment and ...


Merchant Cash Advance for Dry Cleaners

Merchant Cash Advance for Dry Cleaners

Small business enterprises are always in need of funds to remain in business. These business enterprises do not have very big investments but nevertheless need funds. Dry cleaning business is becoming popular because modern fabrics require very careful handling and washing these delicate fabrics is strictly ruled out.

Setting up of dry cleaning business requires funds as the gadgets involved are costly and require careful handling. Substantial equipment, machinery and technique may well spoil the garments, entrusted for dry cleaning special clothes require very special handling by experts. Slight error or faulty and substandard dry cleaning equipment, subsequent ironing and ...


Merchant Cash Advance for Dentists

Merchant Cash Advance for Dentists

Professionals such as dentists require huge funds to set up a clinic on their own. These clinics require spacious premises, latest machines and other surgical equipment besides skilled personnel. These premises have to be kept in very hygienic conditions and special dental chairs and glass paneled interiors with patients seating facilities etc are required to be provided.

The setting up of a clinic and incidental expenses that go with it are taken care of by way of bank finances. The loan process is processed by banks as per the projected report of the proposal with adequate collaterals, to cover the ...


Merchant Cash Advance in Hotels and Motels

Merchant Cash Advance in Hotels and Motels

Hotels and Motels are big business enterprises. Huge investments are involved in hotel and motel business. These concerns are usually financed by banks and industrial finance units. Running hotels and motels sometimes run into rough weather. Financial stress does occur in such big concerns also. There are many factors that contribute to such financial crisis.

Banks do not readily come forward to assist hotel and motels for these financial crises. The modalities are procedural norms of banks are very cumbersome to complete. Banks require collaterals for short term loans and these are one time affair. Financial crisis keep on occurring ...


"Merchant Cash Advance for Small Business"

"Merchant Cash Advance for Small Business"

In modern days when there is a stiff competition all around and the need to present you ahead of others to sustain business and to remain as a front runner, one needs abundant financial resources. The financial crunch is a great hurdle and affects the business enormously. This affect hits one’s business very badly. Situations arise, when one is confronted with such financial crunches, that the idea to either close down the business or borrow from outside sources at high rate of interest becomes the only option. Such a situation is very alarming as these outside borrowings, which though ...


Tips - Merchant Cash Advance

As business owners we are always tend to be very busy with our clients when it comes to day-to-days dealing.

Below are some of the best to consider when entering a merchant cash advance agreement:

Contract/Terms & Conditions

Ø  Always read the entire document on contact or terms & conditions which includes the fine print

Ø  Do not sign the document until you have completely read the document and fully understood the provided information in contract

Ø  When not clear, Please ask more questions to your merchant cash advance provider to get more clarity on the information provided in the contract ...


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