A small business guide on Merchant Cash Advance. What is a merchant cash advance, how it works, strategic uses, pitfalls to avoid, and how to find a reputable merchant cash advance company.
The document provides an overview of merchant cash advances (MCA), which are purchase/sale agreements that allow merchants to access cash advances of $5,000-$250,000 based on their average monthly credit card transactions. MCAs are paid back daily via a percentage of credit card transactions over 6 months on average. MCAs provide an alternative to loans for merchants with marginal credit who need cash quickly for expenses, inventory, or equipment without personal guarantees or collateral requirements.
What is Merchant Cash Advance (MCA) and how MCA works. This document describes the players and what is involved in setting up a merchant cash advance deal.
Merchant Cash Advance Deal Tracking MetricsGarren Du
Want to know the key metrics you track on a merchant cash advance deal? See attached slides for the scenarios and key metrics you want to track in a funded deal.
A merchant cash advance provides qualified merchants with working capital by purchasing a portion of their future credit and debit card sales. The funding partner pays an up-front discounted purchase price in exchange for the right to collect a percentage of daily card sales until the specified amount is reached. For example, a restaurant received $20,000 for $27,000 in future receipts, with the funding partner collecting 20% of daily card sales until $27,000 is collected. Merchant cash advances typically fund experienced small businesses in food, retail, and medical industries.
Kingdom Kapital provides fast funding solutions for small business loans, term loans, merchant cash advances, and lines of credit. They do not charge upfront or hidden fees and can provide funding even for businesses with low credit scores. Their small business loan programs are designed to provide working capital for daily operations, debt consolidation, or paying rent. Applying is straightforward - applicants define what funds will be used for and for how long funds are needed. Their merchant cash advance programs provide fast funding for businesses that may not qualify for traditional loans, with repayments based on daily credit card sales rather than credit scores. Applicants can receive up to 200% of monthly credit card sales, with flexible repayments if sales are low and faster re
Small business loans you can qualify for with bad credit scoreMerchant Advisors
Business loans can be challenging to secure if you have bad credit. Here are a few financing options to get small business loans with bad credit. For more information, visit at https://www.onlinecheck.com/blog/business-loans/business-loans-for-bad-credit/
Up to $250,000 for business owners. Use the money for business, personal or get pre-approved for free and have a safety net for future unexpected events
Access to capital is one among the most important barriers little businesses face once wanting to implement growth ways. That’s why it’s vital to know each the benefits and downsides of debt finance. A convincing truth in business is that it takes cash to create cash; however it takes inexpensive cash to last. However wherever can that cash come back from? There square measure scores of choices. Don’t let the word “debt” scare you. Primarily, debt finance is that the act of raising capital by borrowing cash from a loaner or a bank. Reciprocally for a loan, creditors are then owed interest on the cash borrowed. Debt may be cost-efficient, providing little businesses with the funds to top off on inventory, rent further workers, and buy property or much-needed instrumentation.
The document provides an overview of merchant cash advances (MCA), which are purchase/sale agreements that allow merchants to access cash advances of $5,000-$250,000 based on their average monthly credit card transactions. MCAs are paid back daily via a percentage of credit card transactions over 6 months on average. MCAs provide an alternative to loans for merchants with marginal credit who need cash quickly for expenses, inventory, or equipment without personal guarantees or collateral requirements.
What is Merchant Cash Advance (MCA) and how MCA works. This document describes the players and what is involved in setting up a merchant cash advance deal.
Merchant Cash Advance Deal Tracking MetricsGarren Du
Want to know the key metrics you track on a merchant cash advance deal? See attached slides for the scenarios and key metrics you want to track in a funded deal.
A merchant cash advance provides qualified merchants with working capital by purchasing a portion of their future credit and debit card sales. The funding partner pays an up-front discounted purchase price in exchange for the right to collect a percentage of daily card sales until the specified amount is reached. For example, a restaurant received $20,000 for $27,000 in future receipts, with the funding partner collecting 20% of daily card sales until $27,000 is collected. Merchant cash advances typically fund experienced small businesses in food, retail, and medical industries.
Kingdom Kapital provides fast funding solutions for small business loans, term loans, merchant cash advances, and lines of credit. They do not charge upfront or hidden fees and can provide funding even for businesses with low credit scores. Their small business loan programs are designed to provide working capital for daily operations, debt consolidation, or paying rent. Applying is straightforward - applicants define what funds will be used for and for how long funds are needed. Their merchant cash advance programs provide fast funding for businesses that may not qualify for traditional loans, with repayments based on daily credit card sales rather than credit scores. Applicants can receive up to 200% of monthly credit card sales, with flexible repayments if sales are low and faster re
Small business loans you can qualify for with bad credit scoreMerchant Advisors
Business loans can be challenging to secure if you have bad credit. Here are a few financing options to get small business loans with bad credit. For more information, visit at https://www.onlinecheck.com/blog/business-loans/business-loans-for-bad-credit/
Up to $250,000 for business owners. Use the money for business, personal or get pre-approved for free and have a safety net for future unexpected events
Access to capital is one among the most important barriers little businesses face once wanting to implement growth ways. That’s why it’s vital to know each the benefits and downsides of debt finance. A convincing truth in business is that it takes cash to create cash; however it takes inexpensive cash to last. However wherever can that cash come back from? There square measure scores of choices. Don’t let the word “debt” scare you. Primarily, debt finance is that the act of raising capital by borrowing cash from a loaner or a bank. Reciprocally for a loan, creditors are then owed interest on the cash borrowed. Debt may be cost-efficient, providing little businesses with the funds to top off on inventory, rent further workers, and buy property or much-needed instrumentation.
Graydon's Tips on how to improve your business credit rating. By following a few simple tips, you can improve your business credit report, give more confidence to your suppliers, achieve better credit terms, trade more and achieve better business image.
Funding the Unbankable using FactoringChris Lehnes
Versant Funding's non-recourse accounts receivable factoring offering can be an alternative source of financing for businesses which are currently in default with their lender or have recently been declined by a bank (or non-bank finance company) but have good quality accounts receivable outstanding
This document from www.loanXpress.com discusses the advantages and disadvantages of debt financing for businesses. It outlines several advantages such as proper utilization of resources, tax advantages, and fixed interest payments. However, it also notes disadvantages like the risk of insolvency, severe penalties for missed payments, and difficulty obtaining alternative financing. The document provides this information over 8 pages and concludes with factors to consider when deciding between debt and other financing options.
Www rapidadvance com_advances_merchant_cash_advance_htmCan Mert
1. The document describes a merchant cash advance program that provides funding to small businesses that may not qualify for traditional bank loans due to lack of collateral. Merchant cash advances can be used flexibly for business expenses and are decided within 10 business days with no upfront fees.
2. Choosing RapidAdvance offers several benefits - working directly with the funding source, an experienced track record, no collateral requirements or credit card processor changes, higher funding amounts than competitors, and broad funding options from $3,500 to $150,000.
3. The application process is simple and free, with a same-day callback and pre-approval within 24 hours to find the best funding program
Credit management is the process of granting credit, setting the terms it's granted on, recovering this credit when it's due, and ensuring compliance with company credit policy, among other credit related functions
The goal within a bank or company in controlling credit is to improve revenues and profit by facilitating sales and reducing financial risks.
A credit manager is a person employed by an organization to manage the credit department and make decisions concerning credit limits, acceptable levels of risk, terms of payment and enforcement actions with their customers
Understanding your mortgage options as a home buyer is the first step to home ownership. With millions of lenders that offer millions of solutions, who do you pick. In this presentation, we will help clear some of your options.
1. Accounts receivable factoring involves a business selling its outstanding invoices or accounts receivable to a third party called a factor at a discounted price in order to obtain immediate cash flow.
2. The factor provides the cash upfront and then collects payment on the invoices, keeping the difference as profit and charging fees. This allows the business to continue operating while the accounts are still outstanding.
3. Factors carefully evaluate the collectability and credit risk of the accounts receivable being purchased to ensure they can recoup their investment plus earn a return.
6 mistakes hurting your personal credit (and your business)Ajay Singh
Credit scores are two words that can bring terror into the hearts of even the most courageous and strong entrepreneurs for a valid reason. A credit score is definitely one of the most important factors for opening and closing financial doors throughout a lifetime. Clear your doubts about how to check your credit score by visiting the Clix Capital website. When you enter all the information and details, you will find an option that says, Check my credit score, and on clicking it, you will get your free credit score within a few seconds.
https://www.clix.capital/check-credit-score/
Receivables factoring is a process where a company sells its outstanding customer invoices to a third party at a discount in order to obtain immediate cash flow. It allows a company to convert its receivables into working capital upfront rather than waiting 30-60 days for customers to pay. The factoring company then handles the collection process and bears the risk of unpaid invoices. Factoring can provide an alternative source of financing for companies that need cash quickly but may not qualify for a traditional bank loan. The factoring company will conduct due diligence on customers' credit histories before purchasing the invoices.
1) Effective cash flow management involves measuring and projecting cash flows, managing receivables to encourage timely payments from customers, and prudent timing of purchases.
2) Preparing regular cash flow projections and monitoring actual performance against projections is important to identify potential shortfalls.
3) Even profitable businesses can face cash flow problems if costs are incurred before payment is received, so it may be necessary to delay large orders or request deposits from customers.
The document discusses receivables management and its importance for cash flow. It notes that badly managed receivables can cause cash flow problems and bankruptcy. The document then discusses credit and collection policies, noting that credit policies should include credit periods, discounts, credit standards, and collection policies. It provides examples of elements in a credit policy and discusses analyzing credit applicants. It also discusses the benefits of both in-house and outsourced collection policies and when outsourcing collections may be preferable.
1) Best Option Funding provides various alternative funding services like SBA loans, accounts receivable factoring, merchant cash advances, lines of credit, and term loans to small businesses and individuals.
2) The document discusses the pros and cons of different alternative funding options including SBA loans, accounts receivable factoring, merchant cash advances, lines of credit, and term loans.
3) It also briefly discusses debt consolidation loans, credit counseling, debt management plans, and debt negotiation as additional options for individuals and businesses struggling with financial issues.
The document discusses various options for law firm financing, including:
- SBA loans, which are the easiest and quickest funding option but have a lengthy application process.
- Bank loans, which have more flexible terms than SBA loans but a shorter approval timeframe of 2-6 weeks.
- Term loans, which are best for those who don't qualify for SBA or bank loans due to poor credit.
- Business lines of credit, which provide flexible access to cash as needed but require good credit to qualify.
Expense Reduction Analysts guide to cost reduction in the area of Banking and Finance. Covers credit card transactions and fees; service charges and finance processes.
The document provides information about building business credit through a business credit builder program. It discusses establishing a business credit profile separate from personal credit by registering the business with credit bureaus, obtaining initial business credit from vendors, and using that credit responsibly to build a positive business credit history over time. The goal is to access financing and other business resources using business credit rather than personal credit or guarantees.
Meridian CapitalPower Point Presentation ptmaciaszek
Meridian Capital offers various financing solutions including equipment leasing, commercial loans, SBA loans, venture capital, working capital, and receivables financing. They provide flexible equipment leasing up to 100% financing with fixed monthly payments. They also facilitate fast commercial and SBA loans from $25,000 up to $1 million+ with 24 hour decisions on loans under $100,000. Meridian Capital aims to develop long-term relationships and offer clients solutions not commonly available in their market.
The document discusses various aspects of credit management and control, including:
1. Liquidity and external methods to improve liquidity such as credit insurance, factoring, and invoice discounting.
2. The credit control process and sources of information on customers both internally and externally.
3. Granting credit, setting up customer accounts, and factors to consider such as ownership, overseas customers, and sales policies.
4. Additional topics covered include discounts, credit insurance, legal considerations around contracts, remedies for breach of contract, and terminology.
The document provides information about various home financing programs available through Dominion Lending Centres, including programs that offer financing with less than 20% down. It outlines programs that allow for 5% down, 0% down, and financing for self-employed individuals. It also discusses factors that affect credit scores and additional costs involved in home purchases beyond the down payment.
More than half of all small business used some kind of business credit last year as working capital. Find out how you can manage exposure. Get solutions for your cash flow needs from Christine Janklow, president, SettleSource, Inc. and David Gass. president, Earn.com. Learn more at http://bit.ly/aHxjc0 .
Cost Reduction Guide Issue 2 Banking And Financeymw15
This document provides tips to reduce non-core operating costs for businesses during economic downturns. It focuses on reducing costs associated with plastic card transactions, banking service charges, and finance processes. Specific recommendations include ensuring strong security for card transactions, negotiating transaction and service fees with banks, using credit cards for employee expenses, and automating financial processes like cash sweeps. Implementing these changes can help businesses find extra profit and weather economic downturns.
Graydon's Tips on how to improve your business credit rating. By following a few simple tips, you can improve your business credit report, give more confidence to your suppliers, achieve better credit terms, trade more and achieve better business image.
Funding the Unbankable using FactoringChris Lehnes
Versant Funding's non-recourse accounts receivable factoring offering can be an alternative source of financing for businesses which are currently in default with their lender or have recently been declined by a bank (or non-bank finance company) but have good quality accounts receivable outstanding
This document from www.loanXpress.com discusses the advantages and disadvantages of debt financing for businesses. It outlines several advantages such as proper utilization of resources, tax advantages, and fixed interest payments. However, it also notes disadvantages like the risk of insolvency, severe penalties for missed payments, and difficulty obtaining alternative financing. The document provides this information over 8 pages and concludes with factors to consider when deciding between debt and other financing options.
Www rapidadvance com_advances_merchant_cash_advance_htmCan Mert
1. The document describes a merchant cash advance program that provides funding to small businesses that may not qualify for traditional bank loans due to lack of collateral. Merchant cash advances can be used flexibly for business expenses and are decided within 10 business days with no upfront fees.
2. Choosing RapidAdvance offers several benefits - working directly with the funding source, an experienced track record, no collateral requirements or credit card processor changes, higher funding amounts than competitors, and broad funding options from $3,500 to $150,000.
3. The application process is simple and free, with a same-day callback and pre-approval within 24 hours to find the best funding program
Credit management is the process of granting credit, setting the terms it's granted on, recovering this credit when it's due, and ensuring compliance with company credit policy, among other credit related functions
The goal within a bank or company in controlling credit is to improve revenues and profit by facilitating sales and reducing financial risks.
A credit manager is a person employed by an organization to manage the credit department and make decisions concerning credit limits, acceptable levels of risk, terms of payment and enforcement actions with their customers
Understanding your mortgage options as a home buyer is the first step to home ownership. With millions of lenders that offer millions of solutions, who do you pick. In this presentation, we will help clear some of your options.
1. Accounts receivable factoring involves a business selling its outstanding invoices or accounts receivable to a third party called a factor at a discounted price in order to obtain immediate cash flow.
2. The factor provides the cash upfront and then collects payment on the invoices, keeping the difference as profit and charging fees. This allows the business to continue operating while the accounts are still outstanding.
3. Factors carefully evaluate the collectability and credit risk of the accounts receivable being purchased to ensure they can recoup their investment plus earn a return.
6 mistakes hurting your personal credit (and your business)Ajay Singh
Credit scores are two words that can bring terror into the hearts of even the most courageous and strong entrepreneurs for a valid reason. A credit score is definitely one of the most important factors for opening and closing financial doors throughout a lifetime. Clear your doubts about how to check your credit score by visiting the Clix Capital website. When you enter all the information and details, you will find an option that says, Check my credit score, and on clicking it, you will get your free credit score within a few seconds.
https://www.clix.capital/check-credit-score/
Receivables factoring is a process where a company sells its outstanding customer invoices to a third party at a discount in order to obtain immediate cash flow. It allows a company to convert its receivables into working capital upfront rather than waiting 30-60 days for customers to pay. The factoring company then handles the collection process and bears the risk of unpaid invoices. Factoring can provide an alternative source of financing for companies that need cash quickly but may not qualify for a traditional bank loan. The factoring company will conduct due diligence on customers' credit histories before purchasing the invoices.
1) Effective cash flow management involves measuring and projecting cash flows, managing receivables to encourage timely payments from customers, and prudent timing of purchases.
2) Preparing regular cash flow projections and monitoring actual performance against projections is important to identify potential shortfalls.
3) Even profitable businesses can face cash flow problems if costs are incurred before payment is received, so it may be necessary to delay large orders or request deposits from customers.
The document discusses receivables management and its importance for cash flow. It notes that badly managed receivables can cause cash flow problems and bankruptcy. The document then discusses credit and collection policies, noting that credit policies should include credit periods, discounts, credit standards, and collection policies. It provides examples of elements in a credit policy and discusses analyzing credit applicants. It also discusses the benefits of both in-house and outsourced collection policies and when outsourcing collections may be preferable.
1) Best Option Funding provides various alternative funding services like SBA loans, accounts receivable factoring, merchant cash advances, lines of credit, and term loans to small businesses and individuals.
2) The document discusses the pros and cons of different alternative funding options including SBA loans, accounts receivable factoring, merchant cash advances, lines of credit, and term loans.
3) It also briefly discusses debt consolidation loans, credit counseling, debt management plans, and debt negotiation as additional options for individuals and businesses struggling with financial issues.
The document discusses various options for law firm financing, including:
- SBA loans, which are the easiest and quickest funding option but have a lengthy application process.
- Bank loans, which have more flexible terms than SBA loans but a shorter approval timeframe of 2-6 weeks.
- Term loans, which are best for those who don't qualify for SBA or bank loans due to poor credit.
- Business lines of credit, which provide flexible access to cash as needed but require good credit to qualify.
Expense Reduction Analysts guide to cost reduction in the area of Banking and Finance. Covers credit card transactions and fees; service charges and finance processes.
The document provides information about building business credit through a business credit builder program. It discusses establishing a business credit profile separate from personal credit by registering the business with credit bureaus, obtaining initial business credit from vendors, and using that credit responsibly to build a positive business credit history over time. The goal is to access financing and other business resources using business credit rather than personal credit or guarantees.
Meridian CapitalPower Point Presentation ptmaciaszek
Meridian Capital offers various financing solutions including equipment leasing, commercial loans, SBA loans, venture capital, working capital, and receivables financing. They provide flexible equipment leasing up to 100% financing with fixed monthly payments. They also facilitate fast commercial and SBA loans from $25,000 up to $1 million+ with 24 hour decisions on loans under $100,000. Meridian Capital aims to develop long-term relationships and offer clients solutions not commonly available in their market.
The document discusses various aspects of credit management and control, including:
1. Liquidity and external methods to improve liquidity such as credit insurance, factoring, and invoice discounting.
2. The credit control process and sources of information on customers both internally and externally.
3. Granting credit, setting up customer accounts, and factors to consider such as ownership, overseas customers, and sales policies.
4. Additional topics covered include discounts, credit insurance, legal considerations around contracts, remedies for breach of contract, and terminology.
The document provides information about various home financing programs available through Dominion Lending Centres, including programs that offer financing with less than 20% down. It outlines programs that allow for 5% down, 0% down, and financing for self-employed individuals. It also discusses factors that affect credit scores and additional costs involved in home purchases beyond the down payment.
More than half of all small business used some kind of business credit last year as working capital. Find out how you can manage exposure. Get solutions for your cash flow needs from Christine Janklow, president, SettleSource, Inc. and David Gass. president, Earn.com. Learn more at http://bit.ly/aHxjc0 .
Cost Reduction Guide Issue 2 Banking And Financeymw15
This document provides tips to reduce non-core operating costs for businesses during economic downturns. It focuses on reducing costs associated with plastic card transactions, banking service charges, and finance processes. Specific recommendations include ensuring strong security for card transactions, negotiating transaction and service fees with banks, using credit cards for employee expenses, and automating financial processes like cash sweeps. Implementing these changes can help businesses find extra profit and weather economic downturns.
This document provides tips to reduce non-core operating costs for businesses during economic downturns. It focuses on reducing costs associated with plastic card transactions, banking service charges, and finance processes. Specific recommendations include ensuring strong security for card transactions, negotiating transaction and service fees with banks, using credit cards for employee expenses, and automating financial processes like cash sweeps. Implementing these changes can help businesses find extra profit and weather economic downturns.
Thank you for the overview. IBC provides fee reduction services for merchants without requiring changes to equipment, staff, or operations. They analyze statements to find overcharges and ensure ongoing savings through monthly monitoring. IBC's pay-after-performance model focuses on client results with zero costs, risks, or capital outlays for merchants.
Rs.25,000
The document discusses non-banking financial companies (NBFCs) in India. It defines NBFCs as companies that engage primarily in financial activities like lending but cannot accept demand deposits. It classifies NBFCs into different types and outlines some prominent NBFCs in India including Mahindra Finance, Muthoot Finance, Bajaj Finance, and IndiaBulls Finance. It provides details on the business models, loan portfolios, funding sources, growth prospects and risks of these NBFCs.
This document describes a business model where an online company matches homeowners seeking mortgages with banks. It works as follows:
1. Homeowners search online for mortgages and submit their information as a "lead".
2. The company sends these leads to banks for free.
3. Banks pay the company a fee for each lead that results in a closed mortgage.
4. The company then pays a portion of these fees to the homeowners and to affiliates who referred the leads.
The company argues this benefits homeowners by potentially paying them for their mortgage lead, banks by providing qualified leads, and affiliates by earning commissions in the process.
This document describes a business model where an online company matches homeowners seeking mortgages with banks. It works as follows:
1. Homeowners search online for mortgages and submit their information as a "lead".
2. The company sends these leads to banks for free.
3. Banks pay the company a fee for each lead that results in a closed mortgage.
4. The company then pays a portion of these fees to the homeowners and to affiliates who referred the leads.
The company argues this benefits homeowners by potentially paying them for their mortgage lead, banks by providing qualified leads, and affiliates by earning commissions in the process.
Slideshow of the first microfinance102 class held by the San Diego Microfinance Alliance at UCSD. Presentation by Chuck Waterfield at Microfinance Transparency
The document provides an overview of the Integrity with GFD solution, a new wealth accumulation and protection solution for business owners. It addresses main challenges business owners face like not having enough money for retirement or rewarding family. The Integrity solution offers accelerated wealth accumulation, additional life insurance protection, and significant tax advantages. It works by providing an upfront loan that is deposited into a universal life insurance policy to grow tax-deferred. Business owners can then enjoy multiple exit strategies like selling the business, using it for retirement income, or leaving a financial legacy.
Euler Hermes Americas provides credit insurance and risk management services. They have over 119 years of experience and insure over $120 billion in annual sales. Their services include protecting companies against unexpected bad debt losses from insolvency, slow pay, or political risks. Credit insurance allows companies to safely expand sales, strengthen bank financing relationships, and prevent disruptions from major losses.
The Power of Complete AP Automation WebinarTradeshift
The Impact of Harmonious Supplier Relationships
Imagine supplier inquiry calls into your AP department being a thing of the past. Next envision being able to automate and maximise supplier discounts.
Attend this webinar to gain insights on how to:
- Achieve the highest levels of e-invoicing adoption and onboarding
- Communicate and transact with your supplier network in real-time
- Engage new technologies to achieve 100% e-invoicing with all your suppliers
- Complete AP automation cycle with savings opportunities through dynamic payment terms
- Become more profitable by paying suppliers early in exchange for a discount
- Automate accounts payable with case studies presented
Presenters:
Christian Hjorth, Chief Commercial Officer, Tradeshift
Joe Hyland, Global Head of Marketing, Taulia
http://tradeshift.com/enterprise/events/
This document provides guidance on conducting annual staff training for member business loans. It outlines key topics to cover including loan policy, types of loans, underwriting processes, risk assessment, multi-family housing loans, loan closing procedures, and periodic reviews. Staff should be trained on analyzing loan requests, documenting borrower repayment ability, updating financial statements, collateral requirements, interest rates and maturities, general loan procedures, and identifying prohibited recipients. The training ensures compliance with regulations and helps staff properly underwrite, close, and review member business loans.
This program provides business owners with funding options including unsecured business credit lines ranging from $50,000 to $250,000 and business credit cards. Fees are 8% of the first $150,000 and 7% of amounts over $150,000 of approved funding. Interest rates are prime plus 2-6%. To qualify, businesses must have $350,000 annual revenue, be in business for 2+ years, and owners must have at least 20% stake, 600+ credit score, and no bankruptcies in the last 5 years. This program aims to help businesses access working capital through competitive credit lines and cards while building business credit history.
Rather than shy away from some of the more efficient non-core funding techniques, we believe it wise to make certain your Board and your Examiners understand what is being accomplished through the use of wholesale funding tactics and our third webinar on the ALCO Process is designed to describe an approach to this issue. We will provide guidance on:
1. Where to describe your strategy.
2. Limits to place on non-core funding.
3. Reporting the use of non-core funding.
4. Non-core funding products and services that are in use today.
5. Pros and Cons of these funding sources.
Ariba Knowledge Nuggets - Working Capital ManagementSAP Ariba
The document discusses how traditional working capital management strategies can strain buyer-supplier relationships by extending days sales outstanding for suppliers and increasing days payable outstanding for buyers. It introduces Ariba Working Capital Management solutions as a way to collaboratively manage cash flow between buyers and suppliers by providing early payment options for suppliers at lower rates than traditional options, while also giving buyers greater control over payables to extend terms or negotiate lower prices. The solutions help address liquidity issues for both buyers and suppliers through increased visibility, control and automated processes.
Business Strategy for Banks and Credit UnionsSerge Milman
Webinar presented on August 7, 2013 on WhyBusiness Strategy is Essential for Community Banks and Credit Unions. Recording of the webinar can be accessed http://bankblog.optirate.com/business-strategy-essential/
How banks make lending decisions...
How to manage the banking relationship...
Renewing your relationship...
Financial projections drive your banking
relationship...
Other lenders or sources of money...
Glossary of banking terms...
The document discusses raising capital for an event business. It covers reasons to raise capital like surviving slow periods and growing, different types of capital like debt and equity, advantages and disadvantages of each, how much to borrow, where to find various sources of capital and their typical rates, and key processes involved in debt and equity financing.
This document summarizes the services of a credit restoration company. It offers to increase clients' credit scores by an average of over 50 points within six months by developing a personalized plan to address negative items on credit reports and educate clients on credit management. Key services include identifying credit goals, raising scores by disputing inaccurate or outdated negative information with credit bureaus and creditors, and monitoring progress to help clients qualify for loans, pay lower interest rates, and achieve their financial goals. The company claims a 70% average success rate in removing negative items from credit reports.
Similar to Merchant Cash Advance Webinar Final (20)
5. MCA VS. Bank Loan
Advance on Future Sales Money lent based on cashflow and/or collateral
Factor Rate Funds lent at a fixed rate of interest
Loan Amount may be much greater than an
Amount of Advance Limited by future sales
Advance
Unregulated Industry Highly Regulated
Application and approval processing is Application process is usually lengthy and high
quick and easy. decline rates
Much lower approval rates. 60% of bank loans
High approval rates
declined
Bad Credit = Approvals Bad credit = Decline
No personal Gurantee May require personal guarantee
No fixed repayment amount Fixed repayment amount
No fixed repayment terms Fixed Repayment Term
Will not show on credit report Will show on your credit report
Fees are tax deductible Fees are deductible
MCA VS Bank Loan
10. Defined use of the funds
Growth or expansion are the best
uses of the funds
Compare the Internal Rate of
Return
Negotiate for the lowest possible
daily retrieval rate
Negotiate for the longest possible
payback period
Strategic Uses of Merchant Cash Advance
11. Merchant cash advances are expensive, but large credit card
purchases will cost you more
Credit Card
CREDIT CARD
Interest Rate Cost to Company
15% $ 8,861.66
16% $ 9,537.42
17% $ 10,222.15
18% $ 10,915.53
19% $ 11,617.30
20% $ 12,327.15
Top 10 Most Funded Industries
2nd Qt 2011
FACTORING
Factor Rate Cost to Company
1.20 $ 2,000
1.25 $ 2,500
1.30 $ 3,000
1.35 $ 3,500
1.40 $ 4,000
1.45 $ 4,500
Don’t Put It On The Credit Card
12. What to Avoid
High Daily Retrieval Rates
Adjustable daily retrieval rates
Short Payback Periods
Dogpiling
Switching credit card processors
Merchant Cash Advance Pitfalls
13. How to Find a Reputable Merchant Cash Advance Company
Know your merchant cash advance
company- Honesty Integrity and
Intelligence
Full Disclosure—No hidden fees or
adjustable rates
Excellent Customer Service—courteous
Get Multiple Quotes through Blindbid