2011 Merchant Cash Advance News1. Local News: Clarks Summit, PA | Sign Up | Sign In
1 2 3
NORTH DAKOTA
Souris River could
bring historic
flooding to North
Dakota city
HOME FORUMS TOP STORIES POPULAR LOCAL RYAN PLAN US POLITICS WORLD SPORTS ENTERTAINMENT OFFBEAT OTHER
PRWEB Businesses Turn to Merchant Cash
News
Forums & Polls
Advances Due to 2011's...
PRWeb
Real-Time News June 18, 2011
Businesses Turn to Merchant Cash
Advances Due to 2011's Continuous Original PRWeb article:
Economic Downturn, Merchant Cash in Businesses Turn to
Advance Merchant Cash Advances
In 2011, fewer than 8 percent of new Due to 2011's...
businesses were approved for business loans.
New merchant cash advance provider,
MerchantCashinAdvance.com shows a 322% growth in Merchant Cash Advance
requests from businesses.
New York, NY (PRWEB) June 18, 2011
New business owners who need an instant access to cash for capital are in luck.
There is an emerging industry that wants to help them. These are merchant cash
advance providers, namely MerchantCashinAdvance.com. This is a relatively new More From PRWeb
player to the credit granting bodies. They have only been around for ten years but We Give Books Receives Association of
have grown significantly to more than 50,000 providers for 2011. Educational Publishers' 2011 Beacon Award
Strong Credit Card Sales Leave Merchants With an Alternative to Business Loans: PRWeb on Topix.net
Regulators are now swooping down in terms of scrutiny and the merchants are in a We Give Books Receives Association of Educational
huddle to promote industry standards. These merchant cash advance providers Publishers' 2011 Beacon Award Pearson Foundation
offer a lump sum payment to businesses. In exchange, they get a share of sales in and Penguin Recognized for Increasing Public
the future. Companies that are targeted are mostly retail, restaurant and service Awareness of Importance of Reading and Giving
oriented businesses. These usually have strong credit card sales but have bad Washington, D.C. June 23, 2011 At its annual
credit. This means they don't qualify for loans. The question here for businesses that conference, the Association of Educational Publishers
take avail of the offer is how much do these advances compare to an interest on a awarded the prestigious Beacon Award for Excellence
loan or credit line. in ...
Keep in mind, receiving Merchant Cash in Advance is NOT a loan. No collateral or Barclays Business supports Oxborough Farms
require requirements. MerchantCashinAdvance estimated a 95% approval rate for Limited to Develop Two New Fishing Lakes
new merchants looking to obtain merchant cash advances. PRWeb on Topix.net
According to Leonard C. Wright, an accountant for San Diego and a columnist for the Barclays Business supports Oxborough Farms
American Institute of CPAs, the interest rates can go from 60% to 200% APR. He Limited to Develop Two New Fishing Lakes Oxborough
recommends businesses to have no other options to go for the cash advance but Farms Limited, based at Church Farm, Oxborough,
fully understand what the costs are. Merchant cash advance providers are protesting south west of Swaffham, is a 910 acre arable farming
the allegation. They remain that they are not loans. Instead, the deal they get from business that produces a range of crops including;
the cash advance is a purchase or a sale of an income that they will get in the future. milling wheat, malting barley, sugar beet and oil seed
Can pay less rape.
Airclic Recognized by Red Herring with "Top 100
Interestingly enough, merchant cash advances are not under the obligation of law North America" Award
that otherwise regulates lenders and puts ceilings on interest rates. They do not PRWeb on Topix.net
require a fixed payment and instead collects a regular percentage out of the Airclic Recognized by Red Herring with "Top 100 North
merchant's daily credit card sales. This goes on until the advance and premium is America" Award Award celebrates leading private
recovered ideally in less than 12 months. The advantage to this says merchant cash companies' innovative technology, strategy and market
advance business owners is that their payment is dependent with their cash flow. penetration Trevose, PAJune 23, 2011 Airclic, a global
Uniquely, MerchantCashinAdvance.com charges 0 percent interest on merchant provider of mobile software products that transform the
cash advances. performance of mobile supply chain and logistics
"They can pay less when business is slow in certain months." operations, today announced ...
Merchant Cash Advances have NO scheduled due date or monthly payments. Most Find more articles »
importantly, businesses have opted for merchant cash in advance because it has no
reflect on the applicant's credit.
This differs from a credit or loan where there is a set date when they need to pay. PRWEB FORUM
Fixed payments also have to be done on a schedule. Topic Comments
"In a merchant cash advance, there is no schedule of fixed payments and there is no
Emily Brooke, 12 Year Old Country Mus... 1
due date" says a representative of MerchantCashinAdvance.com, the pioneer in the
merchant cash advance industry. Author/Actor Raymond E. Lumsden Gets
1,417
For the original version on PRWeb visit: ...
http://www.prweb.com/releases/prwebmerchantcashinadvance/com/prweb8583943.htm As Market Conditions Shift, Mandrien ... 4
Copyright © 2011 PRWeb, All Rights Reserved.
Hernia Mesh Patch Recall - FDA Warns ... 4,060
COMMENT ON THE STORY Cosmetic Harmony Cuts Costs, as
Type in your comments below Medic...
6
Name Kenny Boyd Named McDonough District 4
(appears on your post) H...
Cosmetic Harmony Meets Demand as 72
converted by Web2PDFConvert.com
2. Cosmetic Harmony Meets Demand as 72
Comments Braz...
The Latest Brazilian Keratin Hair Str... 1,144
WorldVentures Featured in June 2007 Y... 535
EPI-743 Investigator Team to Report o... 1
Read all comments | Start a discussion »
Characters left: 4000
Type the numbers you see in
the image on the right:
Post Comment
Please note by clicking on "Post Com ent" you acknowledge that you have read the
m
Term of Service and the com ent you are posting is in com
s m pliance with such term Be polite.
s.
Inappropriate posts m be rem
ay oved by the moderator. Send us your feedback.
Clarks Summit, PA Explore More Topix About Topix Advertise with Topix
Forums & Polls Home Page Television About Us Reach local customers. Engage a specific
News Forums & Polls People Local Advertising demographic. Maximize business-to-business
in Clarks Summit, PA opportunities. Topix can deliver your message.
Real-Time News Most Popular Health
Crime Top Stories Food National Advertising Learn more »
Local Sports Hurricanes Life Feedback?
FAQ Join the Topix Community
Yellow Pages US News Blogs
White Pages US cities list Offbeat Jobs Create your own profile, complete with quick links
Law Enforcement to your favorite topics.
Entertainment World News Games
School Officials Personalize your forum posts with your photo and
Photos World countries list Site Map / All Topics hometown.
Shopping Politics Cyber-bullying Resources
Newsfeeds
Sign up today! »
Coupons Business
Real Estate Sci-Tech Press Room
Dating Sports Privacy
Info Entertainment Terms of Service
Jobs Music Weblog
Comments made yesterday: 104,414 • Total comments across all topics: 145,432,256 Feedback?
Copyright ©2011 Topix LLC
converted by Web2PDFConvert.com