According to ShopperTrak, Black Friday sales rose by only .3% over 2009. The overwhelming majority of the action took place in large chain retail stores. The Macy's here in New York City had a line of over 7,000 people waiting outside for the store to open at 4 A.M.

On the flipside, individual small businesses reported virtually no lines of anxious shoppers. In fact, a shopkeeper in Redbank, NJ stated that they opened two hours early and did not have even 1 customer in that two hour period.

Y...
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NewYorkCityMerchantServices.com and our parent company are set to announce a series of strategic partnerships over the next few months. While the paperwork is still being sorted out, preventing us from saying exactly WHAT and WHEN, we're having difficulty containing our excitement.

Our plans include the following:

• More Value Add Programs for our clients
• FREE Value Add Services for businesses
• A new funding alternative

Stay Tuned...


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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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To qualify for a traditional Merchant Cash Advance, a business must process at least $5,000 in credit cards per month. Merchants processing less need not be discouraged if they've been declined for low sales volume previously. We offer a starter advance program to businesses processing as little as $1,000 a month!

The approval process for a starter advance is exceptionally simple.
• An application
• Copies of the most recent 3 months merchant processing statements
• Copy of a voided check

O...
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Lately we have noticed a surging demand for Invoice Factoring. Whether it be the time of year or an economic trend, we're happy to resolve your cash flow issues whenever they occur.

What is Invoice Factoring?
A financial transaction whereby a business sells its accounts receivable (i.e., invoices) to a third party (called a factor) at a discount in exchange for immediate money with which to finance continued business. Factoring differs from a bank loan in three main ways. First, the emphasis i...
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