Home Improvement Business Financing: A Business Loan Alternative

Home improvement business financing is available for your business. Spring is the time when homeowners start to make home improvements. A merchant cash advance can ensure that your home improvement business has the financing it needs to take on new business.

A merchant cash advance is a business loan alternative that puts cash in your accounts up front. Rapid Capital Funding purchases a portion of your future credit card transactions. As the transactions come in, a small percentage of the sale is used to repay the merchant cash advance; the rest is returned to you.

Nothing could be faster or easier than this business loan alternative! No long application process, no sweating through credit checks, no monthly payments to make while you’re still waiting for payment from your clients. A merchant cash advance is the ideal way to make sure your home improvement business has enough cash on hand to pay bills, buy materials and supplies, purchase or lease new equipment, and pay for sub-contractors.

If your home improvement business accepts Visa or MasterCard and generates credit card receipts of as little as $2,500 per month, you’re likely to qualify for a merchant cash advance. Don’t wait and don’t turn down business because your bank won’t give you the home improvement business financing you need. Go for a business loan alternative from Rapid Capital Funding instead!

Photo Credit: Ned Horton

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Business Financing: Minority Business Loans

In business financing, minority business loans can be hard to come by, even under the best of economic circumstances. In a recession, banks aren’t lending to anyone, and start-up companies and would-be entrepreneurs have a tough time finding business financing. Minority business loans aren’t immune, even though many federal programs exist to encourage and guarantee repayment of minority business loans. If your small business falls into this category, consider a merchant cash advance from Rapid Capital Funding instead of a minority business loan.

Rapid Capital Funding will purchase a portion of your future credit card transactions. As the transactions come in, a small percentage of the sale is used to repay the advance, and the rest comes back to your business. A merchant cash advance gives you cash up front – up to $250,000 depending upon your monthly transaction volume. A merchant cash advance isn’t dependent on your business’ credit rating, so good, bad or no credit isn’t a problem.

If your small business is based in the US, accepts Visa or MasterCard and generates at least $2,500 per month in credit and debit sales transactions, you’re on your way to getting the cash you need to run your business. There’s no long application process, no waiting and no need to supply reams of documentation about your business. We also don’t require collateral or personal guarantees.

You can request as much as 1.5 times your average monthly transaction volume, and repayment is easy. There is no monthly bill to pay and your repayment depends on your transaction rate. We get paid when you get paid, so when business slows down, your repayment rate does too.

Contact Rapid Capital Funding today for more information about business financing and minority business loan alternatives for your small business.

Photo Credit: Sofia Henriques

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Bar And Nightclub Financing: Try A Business Cash Advance

Bar and nightclub financing is available through Rapid Capital Funding, and many entertainment venues are taking the opportunity to remodel. A recession is a good time to consider a remodeling project because labor and materials costs can be kept in line with a tight budget. Unfortunately, many banks aren’t extending bar and nightclub financing right now. A business cash advance is a great business loan alternative that will help finance any remodeling project small or large.

A business cash advance isn’t a business loan; it’s a business loan alternative. Rapid Capital Funding purchases a portion of your future credit card transactions and provides your business with cash up front in exchange. As your transactions come in, a small percentage of each sale is used to pay the business cash advance. The remainder comes back to you.

A business cash advance is the ideal tool for bar and nightclub financing. When your business is good, your repayment occurs at a faster rate. When sales drop off, your repayment rate does, too. It’s the ideal way to cope with small and large fluctuations in your business cycle.

If your business accepts Visa or MasterCard and generates credit or debit receipts of as little as $2,500 per month, your business cash advance request is likely to be approved. Ninety-five percent of business owners who meet these criteria get the cash they need from Rapid Capital Funding within days or even hours of their business cash advance request.

Finally, a business loan alternative that makes sense for the way you do business. Contact Rapid Capital Funding today to find out more about our bar and nightclub financing.

Photo Credit: Diego Baseggio

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