We frequently discuss the popularity of Merchant Cash Advance, but it rarely gets mentioned by the mainstream media. While we were coming up with a witty blog post to discuss that peculiarity, it seems they got message. 


Earlier this week, Merchant Cash Advance financing was discussed by Fox Business and this morning was front page news by CNN. The Merchant Cash Advance industry is finally being brought into the national public spotlight. If you're a small business owner, you've got options!


L...
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The size of the Merchant Cash Advance Industry is something that many hedge funds and investors have been trying to determine for years. It's important to note that Merchant Cash Flow Loans have become increasing popular over the past year, and while they catering to same target market, they're loans, not advances.

That being said, the volume of true sales of future credit/debit card receivables is probably around $600 million a year or more. In 2010, that figure was estimated to be about $524...
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If you haven't seen this floating around the internet already, you should grab a copy of this today. 

 
The folks at MerchantCashAdvanceIndustry.org put together a really nifty guide for small business owners that outlines the underwriting process for MCA. 
 
It's detailed, eye-pleasing, and for the most part, unbiased. Free information is hard to find these days since too many companies are overly eager to promote themselves. We believe that the customer always comes first even if they're not ou...
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The Merchant Processing Resource recently distributed a handbook for business owners on Merchant Cash Advance. It's a collection of their most popular articles. We recommend you download a free copy:

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We at New York City Merchant Services are once again celebrating the success of a client. Main Street Health and Vitamins in Lexington, KY received some press coverage about their recent growth. Our Merchant Cash Advance program financed a brilliant advertising campaign created by the store's owner, Gloria McKnight. McKnight ran a newspaper ad, titled "I'm 62 and Stronger Than You." which has lead to an astounding 100% increase in revenue. Great work Gloria. We're proud to have helped you do it!

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The amount I pay for homeowners insurance each month is too high in my opinion.  Dissatisfied with the status quo, I pulled out my laptop late one night and set my sights on google to find a better deal.

Google: Homeowners insurance

4,850,000 results? ugh. So I began to peruse websites, click links, read articles, check out blogs, and ultimately rephrase my google search

Google: The best homeowners insurance companies

1,540,000 results? Getting warmer. Now I know 3,310,000 of the companies from ...
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While our firm does tend to have a core funding focus on Merchant Cash Advance, we have processed and approved many traditional small business loans this year as well. You need not be a retail driven business to qualify.

In fact, small software companies seem to be one of the leading business types for approved loans in 2010. If you do NOT accept credits and meet the following criteria, you qualify:

• More than 2 years in business
• No more than 1 overdraft charge per month in any of the previous 6 ...

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Black Friday 2010: Cut your prices, not your margins. Every dollar you can squeak out on the busiest retail day of the year counts. If you could earn an extra .25% on every sale that day, would you do it? What if it was .50% or even 1%?

Welcome to the New York City Merchant Service Official Black Friday Offer. We're cutting our margins to increase yours. Through December 31, 2010, we're offering even BETTER deals on credit card processing. These are not introductory or teaser rates. We want t...
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What a silly title for a post that may very well reach thousands of potential businesses we'd like to work with.  To the contrary, 99% of small business owners can expect to experience lower costs by using our New York City Merchant Services program. There's always that 1% and we don't like to make false promises.

Let me share an interesting story. One of our sales staff played an April Fool's Joke on me back in 2009. They completed a contact form with a competitor of ours, filled out my cell...
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While merchant services is our core business, we do offer an alternative financial product known as a Merchant Cash Advance. Like accountants, whom experience a long burst of sleepless nights during tax season, we have officially kicked off the fall rush for working capital.

From now until January 1st, demand for business loans and Merchant Cash Advance is expected to match the intensity of the past few years. The need to buy inventory in bulk is the #1 most common reason to obtain funds. If y...
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It's far from tax time but your bottom line should always be on your mind. A snapshot of last year's business P&L might have looked liked this:

Rent Expense:                                                        $80,000
Wages:                                                                    $300,000   
Credit Card Processing Fees Expense:                  $7,000
Utility Expense:                                                       $6,000

The economy shrank years ago and has since been at a st...
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