Back in January, we read about the emergence of a new website that would help small business owners get funding. From what we hear, it has been very successful. They are coincidentally offering the same product that we are, Merchant Cash Advance. Merchant Cash Advance financing has been especially popular in the retail sector. The shortage of
loans to restaurants and cafés is made evident by their overwhelming amount of applications.
More than 30% of all Merchant Cash Advance financing recipients are classified as an eating or drinking establishment. If you fit this profile and you've been wondering where to find support, look no further! New York City Merchant Services will be happy to help.
