Learn How to be Prepared to Apply for Small Business Finance

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WSCapnow small business loans target the entrepreneur who wishes to take the next big leap or the small business owner who is faced with temporary setbacks. Any running small business can avail of small business finance through Water Street Capital and be assured of fast financing on soft terms.

Know more: http://www.wscapnow.com/small-business-loans/

Top Reasons to Apply For Merchant Cash Advance

Small businesses are alive and flourishing. One of the reasons is the rise of alternative funding sources that help them get funds easily, with less hassle and with no need to furnish collateral. There are small business loans and there are unsecured loans for small businesses and then there are MCA.

What is a merchant cash advance?

It is an alternative method of finance for small businesses. It is primarily aimed at retailers, pharmacies, professionals, small manufacturers, restaurant owners and similar businesses that may face the occasional cash crunch. It is not for startups. Only those in business for a year or more with a turnover of $ 10000 in credit card sales are eligible. The only requirement is proof of identity, residence, ownership of business and bank statements and funds are made available in less than a week. Repayment is usually tied to credit card sales on a daily basis. The factor rate is rather high but bearable.

Merchant Cash Advance Business

Why should one apply for merchant cash advance?

Immediacy

As any small business owners know there are several occasions when cash is in short supply and one must get funds immediately. This happens when employee salaries are falling due or when vendors need to be paid while incoming funds may be delayed. Accessing merchant cash advance is the best option to get cash immediately and meet one’s commitment. It is better than having to seek loans from friends or relatives and remain obligated to them.

Merchant Cash Advance Business

Launch campaigns

Retailers and small businesses may wish to take advantage of festive seasons. In such cases launching a marketing campaign will net them more customers and generate more revenue. MCA funding gets them the money they need to launch campaigns, increase their market visibility and presence and garner a good share. Extra earnings always help repay the loan.

Expand activities

A businessman who stays content with his business is likely to stagnate and suffer. The expansion should always be an ongoing process for small businesses to grow into larger ones. Cash advances are the best way to finance such expansion activities. A businessman can move to larger premises, refurbish and renovate his existing premises, buy new equipment and generally increase the quantum of business. Expansion of activities will help him serve customers better and faster and earn their loyalty as well as recommendations.

Small Business Loans

Pay off debts

It may not seem like a good idea to go into debt by obtaining a cash advance in order to pay off a debt but debts can be restructured. If one is in a debt situation where the interest rate is killing then getting a loan at a much lower rate and on more favorable terms to pay off that debt is a wise decision.

There is no doubt that cash advance business is growing and providers like wscapnow.com are offering the best terms. Small businesses that would have gone under have survived and prospered. Businesses that would have stagnated have expanded and grown, thanks to small injections of cash at the right time.

It is easy to apply for Water Street Capital’s best merchant cash advance. Just fill in the form online and initiate the process. Our rep will take it from there.

Bad Credit Small Business Loans in Canada – The Best Fuel for Your Business Growth

It is a fact of life that those who need funds find it hardest to get their hands on cash when needed. Businessmen with poor credit or bad credit are the hardest hit. Lenders simply show no consideration for such struggling entrepreneurs who are finding it hard to manage cash flows. Such entrepreneurs in Canada may not have had the time to establish a good credit history or even a personal credit score that will put them in “good books” of lenders. Bad credit, to lenders, is a sign that borrowers are not in a position to repay loans.

When traditional avenues of funding are closed for businesses with bad credit there is still another option open. This is bad credit small business loans from providers who really care for entrepreneurs and want to get them back on their feet. Unlike merchant cash advances, bad credit business loan repayment is not tied to daily credit card sales. This widens the scope because not all businesses have credit card sales. Repayment may be on a fixed monthly basis with fixed tenure for repayment. Bad credit small business loans in Canada is easy to obtain from suitable providers.

Bad Credit Business Loans

Anyone who is mired in financial difficulties and with a poor credit rating knows how difficult it is to obtain finance that will help them keep their business operational and even grow. Such business loans for small businesses are ideal. Applicants need to submit only minimum documentation for fast approval. Terms are easy in that no mortgage or guarantee is required for business loans. Importantly, loans repayment may be spread out over a year or even more thus easing the financial burden. The result is that a cash stifled business gets the necessary infusion of funds to help it overcome temporary difficulties. It can grow and reverse its situation.

A credit rating of only 300 is considered poor while 900 is the highest with 650 being the right score for businesses to be eligible for standard sources of funding. Not all businesses have this score and even if they have a score of 500, they are considered risky propositions when it comes to lending. Bad credit loan providers take a look at all factors that influence ratings and make a decision, usually in favor of the borrower, fixing the rate of interest according to the analysis of their financial position and repayment tenure. The APR may be a little on the higher side but if a business owner can use the funds to generate profits that exceed repayments and still leave him with spare cash, it is better than not having any funds at all.

Merchant Cash Advance

The important thing is survival. Infusion of cash in the form of business loans help businesses stay alive and, with guidance from experts from the loan providers, get back on track. Once they do, the same loan providers can keep on providing more funds in various ways to help the businessman grow and expand. The higher cost is offset by rapid growth and increased revenues.

For more details contact us, email us info@wscapnow.com or call us: +1-800-589-4161.

Content Source: http://www.wscapnow.com/

Why Merchant Cash Advance Loans Are suitable Choice in These Days?

Merchant Cash Advance

 Given the advances and facilities available in merchant cash advances, it is a wonder that these are not more popular than they ought to be. In order to be eligible, a merchant such as a retailer, a professional, a small business owner, a hotel or restaurant owner or a manufacturer needs to be in business for at least a year and must have a turnover of $10000. Documentation is a minimum, restricted to proof of identity, proof of address, proof of ownership of business and bank statements. Borrowers need not furnish a guarantor or mortgage property to get cash up to $ 200000 in as little as 4 to 5 days. Cash may be needed at any time and a merchant must have access to such sources of funds.

The business scenario is changing these days. The economy is improving and small business owners across the US are flourishing. There are more opportunities for growth for savvy businessmen and everyone knows that cash is the lifeblood of business. Merchant cash advance loans are one of the easiest sources of fast cash that a smart businessman can leverage to take his business up to the next level. Even if a businessman is doing well, he can always think of expansion by adding new types of equipment or modernizing facilities. He can buy inventory at low cost or launch ad campaigns. Dipping into existing cash flow is not advisable whereas MCA gives access to funds that can allow these expansion activities. This is just one reason why merchant cash advance loan should be on the list of source of funds.

Merchant Cash Advance Loans

There are other compelling reasons as well to have a reliable and trusted source of MCA. There is no guarantee that if a business is doing well these days it may not be in difficulties tomorrow. This can be due to a slowdown in business while liabilities remain the same. A natural disaster may put a halt to business or be a source of additional expenses. One may need to hire new employees to boost business activities. Cash flow may be affected but one must pay salaries on time. All these are reasons enough to convince any business owner that a line of finance must always be kept open. In all such cases, one needs cash and that too in a short time. It is simply not worthwhile to go through the regular channels and wait months by which time it will be too late.

Merchant Cash Advance Loans

Talking about regular channels of financing, it is a trend that banks are not quite as easygoing as they used to be in the past. They are stricter in evaluating borrowers and do ask for a lot of documentation as well as mortgage and guarantees. Even getting a mortgage is difficult due to changing regulations. Even if a borrower qualifies he may have to wait up to 50 days for approval and sanction. MCA allows business owners to get cash fast and when needed, no questions asked. Provided it is used for the right purpose, MCA does provide help when needed and helps businessmen stay afloat or even surge ahead.

It is easy to apply for Water Street Capital’s best merchant cash advance. Just fill in the form online and initiate the process. Our rep will take it from there.

Blog source: http://www.wscapnow.com/blog/why-merchant-cash-advance-loans-are-suitable-choice-in-these-days/

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Water Street Capital: Get Funding for your Business Today (Infographic)

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Water Street capital understands that small and medium-sized businesses sometimes need quick access to cash to keep their everyday operations running as efficiently as possible. Whether cash is needed to increase inventory, pay employee salaries or to acquire equipment, we can help you meet your specific small business financing needs with a funding solution, which is part of our working capital program. Our business funding programs are easy and hassle-free.

Checkout more info: http://www.wscapnow.com/

Is Merchant Cash Advance Suitable For My Small Business?

Business is about taking risks. Success depends on taking carefully planned and calculated risks. Even then anything unpredictable can cause a flat tyre and the vehicle of business stops moving. An Interruption in smooth cash flow, especially for small business owners, can be a time of endless worry. Invoices remain unpaid while creditors press for payments, is a common enough scenario. Then there are business owners who may want to take a small risk such as launching a marketing campaign to grab a higher market share during festival seasons or expand the business, buy real estate or new equipment. Traditional sources of funding may not be available in all such cases or may not be available fast.

This is where merchant cash advance seems so attractive. Is it really so? Wise business heads advice against falling into this trap unless one plans carefully. The simple reason is that going into debt to pay debt only results in more debt. Prima facie, MCA may not be the best option for small businesses. If one looks deeper and thinks carefully, it could be a perfect choice. Here are reasons why one should consider best merchant cash advance by wscapnow.com, a premier cash advance business.

Best Merchant Cash Advance

    • Cash, as much as $ 200000, is available on making a simple application with supporting documents such as identity proof, residence proof and proof of ownership of business. No collateral or mortgage is required in case of MCA.
    • The Borrower gets to cash in his bank account in 3 to 5 working days from date of submitting the request online or offline.
    • Repayment is flexible and is a percentage of daily card sales, weekly or monthly fixed amounts. If sales boom, repayment amount increases, and advance are paid off in a shorter time and vice versa.
    • With MCA businesses can use the cash to give a boost to their business and grow fast.

For the MCA to be suitable, the owner must have a running business with minimum monthly sales of $ 10000. He must also have a good business plan and must calculate as to whether the daily or monthly repayment schedule will not put him in financial difficulties.

Small Business Loans

This type of cash source is not for small businesses if:

    • They are in a debt trap and are seeking funds to pay off a creditor without considering how they will meet the commitment.
    • They are not generating adequate business that will generate sufficient funds for repayment.
    • They are in a line of business with plenty of competition and slim chances of growth or even survival.
    • They do not have solid plans for business growth, diversification, and expansion.

A Cash advance can be obtained with ease. Using the cash wisely to grow the business is worthwhile. Even if one is reaching for this source of capital to tide over emergencies, one must have adequate receivables to know that they will be back on an even keel once debtors make payment. The source from where one obtains advances is also important.

It is easy to apply for Water Street Capital’s best merchant cash advance. Just fill in the form online and initiate the process. Our rep will take it from there.

 

apply now for Merchant Cash Advance

Content Source: http://www.wscapnow.com/blog/

Water Street Capital Is the Fastest Business Financing Network to Get You Immediate Cash

A recent forum held by a finance network company gave insights into perspectives of financing from the borrower’s side and from lenders’ viewpoint. One fact that stands out is that regular lending institutions are tightening their purse strings when it comes to funding small businesses. Predatory, unregulated online lenders are having a field day and are primarily responsible for driving a number of businesses into a debt trap. The forum highlighted the need for innovative, borrower-friendly lending procedures that would really help them grow. Where such small businesses are perceived as high risk by regular lenders, innovative lenders view them as distinctive growth possibilities given the right infusion of cash at the right time. Such businesses also generate employment with at least 3 people on their payroll and need encouragement.

 small-business-finance

Business financing by wscapnow.com has always believed in blazing innovative paths along the financial lending routes. Its cash advance and business financing strategies are shaped and influenced by requirements of small businesses and their expectations. The objective is to help enterprises in critical need of cash infusion with funds at the right time. When a guy is gasping for breath one does not ask for solid credit history or collateral to pull out of a swamp. Pull him out first is the motto.

Business financing can be a double edged sword. If it can oxygenate an enterprise gasping for breath, it can also strangulate if it comes from usurious lenders who charge exorbitant interest rates that, forever, put the borrower in a debt spiral. Water Street Capital does not believe in taking advantage of a guy’s situation to put a stranglehold on him. Borrowers find the best customized terms that actually help revitalize their businesses. It is the norm, rather than the exception, that a small business will face a cash crunch every now and then. Business might be slow and inventory may pile up resulting in blockage of funds while employee salary and vendor payment liabilities stare them in the face. At times like this when there is a liquidity crisis, immediate funding with least hassles is what a borrower is looking for and what he gets through wscapnow.

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The process of obtaining merchant cash advances is simple enough. One submits minimum possible documentation such as bank statement, turnover figures for last 3 to 6 months, personal identification papers and an application form. Credit history does not matter but what matters is that the business must be running and should be generating $ 10000 gross sales each month in order to qualify. A simple verification is followed by approval and disbursal of funds within 3 days. The borrower can heave a sigh of relief at being able to meet his commitments. Repayment is easy: daily percentage of sales or a fixed monthly amount. Wscapnow is the ICU for businesses and offers the best factor rate that makes borrowing affordable. Innovative, future-looking approach centered on helping rather than exploiting, is the core of wscapnow’s policy that is paying rich dividends.