Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

2011 Merchant Cash Advance News


Published on

Businesses look for alternative ways to acquire capital in 2011.

Published in: Business

2011 Merchant Cash Advance News

  1. 1. Local News: Clarks Summit, PA | Sign Up | Sign In 1 2 3 NORTH DAKOTA Souris River could bring historic flooding to North Dakota cityHOME FORUMS TOP STORIES POPULAR LOCAL RYAN PLAN US POLITICS WORLD SPORTS ENTERTAINMENT OFFBEAT OTHERPRWEB Businesses Turn to Merchant CashNewsForums & Polls Advances Due to 2011s... PRWebReal-Time News June 18, 2011 Businesses Turn to Merchant Cash Advances Due to 2011s Continuous Original PRWeb article: Economic Downturn, Merchant Cash in Businesses Turn to Advance Merchant Cash Advances In 2011, fewer than 8 percent of new Due to 2011s... businesses were approved for business loans. New merchant cash advance provider, shows a 322% growth in Merchant Cash Advance requests from businesses. New York, NY (PRWEB) June 18, 2011 New business owners who need an instant access to cash for capital are in luck. There is an emerging industry that wants to help them. These are merchant cash advance providers, namely This is a relatively new More From PRWeb player to the credit granting bodies. They have only been around for ten years but We Give Books Receives Association of have grown significantly to more than 50,000 providers for 2011. Educational Publishers 2011 Beacon Award Strong Credit Card Sales Leave Merchants With an Alternative to Business Loans: PRWeb on Regulators are now swooping down in terms of scrutiny and the merchants are in a We Give Books Receives Association of Educational huddle to promote industry standards. These merchant cash advance providers Publishers 2011 Beacon Award Pearson Foundation offer a lump sum payment to businesses. In exchange, they get a share of sales in and Penguin Recognized for Increasing Public the future. Companies that are targeted are mostly retail, restaurant and service Awareness of Importance of Reading and Giving oriented businesses. These usually have strong credit card sales but have bad Washington, D.C. June 23, 2011 At its annual credit. This means they dont qualify for loans. The question here for businesses that conference, the Association of Educational Publishers take avail of the offer is how much do these advances compare to an interest on a awarded the prestigious Beacon Award for Excellence loan or credit line. in ... Keep in mind, receiving Merchant Cash in Advance is NOT a loan. No collateral or Barclays Business supports Oxborough Farms require requirements. MerchantCashinAdvance estimated a 95% approval rate for Limited to Develop Two New Fishing Lakes new merchants looking to obtain merchant cash advances. PRWeb on According to Leonard C. Wright, an accountant for San Diego and a columnist for the Barclays Business supports Oxborough Farms American Institute of CPAs, the interest rates can go from 60% to 200% APR. He Limited to Develop Two New Fishing Lakes Oxborough recommends businesses to have no other options to go for the cash advance but Farms Limited, based at Church Farm, Oxborough, fully understand what the costs are. Merchant cash advance providers are protesting south west of Swaffham, is a 910 acre arable farming the allegation. They remain that they are not loans. Instead, the deal they get from business that produces a range of crops including; the cash advance is a purchase or a sale of an income that they will get in the future. milling wheat, malting barley, sugar beet and oil seed Can pay less rape. Airclic Recognized by Red Herring with "Top 100 Interestingly enough, merchant cash advances are not under the obligation of law North America" Award that otherwise regulates lenders and puts ceilings on interest rates. They do not PRWeb on require a fixed payment and instead collects a regular percentage out of the Airclic Recognized by Red Herring with "Top 100 North merchants daily credit card sales. This goes on until the advance and premium is America" Award Award celebrates leading private recovered ideally in less than 12 months. The advantage to this says merchant cash companies innovative technology, strategy and market advance business owners is that their payment is dependent with their cash flow. penetration Trevose, PAJune 23, 2011 Airclic, a global Uniquely, charges 0 percent interest on merchant provider of mobile software products that transform the cash advances. performance of mobile supply chain and logistics "They can pay less when business is slow in certain months." operations, today announced ... Merchant Cash Advances have NO scheduled due date or monthly payments. Most Find more articles » importantly, businesses have opted for merchant cash in advance because it has no reflect on the applicants credit. This differs from a credit or loan where there is a set date when they need to pay. PRWEB FORUM Fixed payments also have to be done on a schedule. Topic Comments "In a merchant cash advance, there is no schedule of fixed payments and there is no Emily Brooke, 12 Year Old Country Mus... 1 due date" says a representative of, the pioneer in the merchant cash advance industry. Author/Actor Raymond E. Lumsden Gets 1,417 For the original version on PRWeb visit: ... As Market Conditions Shift, Mandrien ... 4 Copyright © 2011 PRWeb, All Rights Reserved. Hernia Mesh Patch Recall - FDA Warns ... 4,060 COMMENT ON THE STORY Cosmetic Harmony Cuts Costs, as Type in your comments below Medic... 6 Name Kenny Boyd Named McDonough District 4 (appears on your post) H... Cosmetic Harmony Meets Demand as 72 converted by
  2. 2. Cosmetic Harmony Meets Demand as 72 Comments Braz... The Latest Brazilian Keratin Hair Str... 1,144 WorldVentures Featured in June 2007 Y... 535 EPI-743 Investigator Team to Report o... 1 Read all comments | Start a discussion » Characters left: 4000 Type the numbers you see in the image on the right: Post Comment Please note by clicking on "Post Com ent" you acknowledge that you have read the m Term of Service and the com ent you are posting is in com s m pliance with such term Be polite. s. Inappropriate posts m be rem ay oved by the moderator. Send us your feedback.Clarks Summit, PA Explore More Topix About Topix Advertise with TopixForums & Polls Home Page Television About Us Reach local customers. Engage a specificNews Forums & Polls People Local Advertising demographic. Maximize business-to-business in Clarks Summit, PA opportunities. Topix can deliver your message.Real-Time News Most Popular HealthCrime Top Stories Food National Advertising Learn more »Local Sports Hurricanes Life Feedback? FAQ Join the Topix CommunityYellow Pages US News BlogsWhite Pages US cities list Offbeat Jobs Create your own profile, complete with quick links Law Enforcement to your favorite topics.Entertainment World News Games School Officials Personalize your forum posts with your photo andPhotos World countries list Site Map / All Topics hometown.Shopping Politics Cyber-bullying Resources Newsfeeds Sign up today! »Coupons BusinessReal Estate Sci-Tech Press RoomDating Sports PrivacyInfo Entertainment Terms of ServiceJobs Music WeblogComments made yesterday: 104,414 • Total comments across all topics: 145,432,256 Feedback? Copyright ©2011 Topix LLC converted by