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High Risk Business Funding Blog Posts

By First American Merchant

Feel free to give us a call for more info 1-800-210-5649

Low Risk vs. High-Risk Business Funding

How to get funding is often at the top of any entrepreneur’s list of challenges. From getting a business off the ground to attracting customers to hiring staff and expanding, an enterprise is almost always in need of capital. Thankfully, the last few years have seen a tremendous increase in the number of financing options for both new and existing businesses. Today, the bank isn’t the only choice of funding at a merchant’s disposal. That said, not all business owners find it easy to acquire funding. Small businesses, in particular, are known to suffer rejections by lending institutions, while other […]

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Business Loans Without a Credit Check. Don’t Lose Your Chance!

Have you got bad credit? Don’t fall into desperation! Bad credit doesn’t mean you have no chances getting approved for business funding. You can obtain a loan even if you have bad credit. All you need is to find a reputable business loan provider that offers loans for your bad credit or without credit check. Consider turning to firstamericanmerchant.com, an award-winning business loan provider and a payment processor that specializes in the high risk sector and has an A+ rating with the BBB. Are You a High Risk Business or Have Got Bad Credit? Even though your bad credit can […]

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FAM Offers No Credit Check Financing You Need

Merchants can choose one of 4 different methods to pay the amount which customers have bought from them. These include: Pay by Cash Pay by using Debit/Credit Card Single Check Financing Program Financing Program The most common reason why financing programs aren’t widespread these days is that many merchants don’t offer one. By offering a financing program, they’ll lose most of the clients because many of their clients won’t be eligible for the service. When it comes to banks, they have strict requirements concerning giving funds to customers. They’re reducing the number of credit lines on their good customers and […]

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How the Small Business Owner Can Solve Bad Credit Issues

Trying to start a business with a bad credit history can feel next to impossible. Traditional lenders are unwilling to work with an entrepreneur with a less than stellar credit score. So, when the business finds itself in need of extra working capital for growth or expansion, the entrepreneur will struggle to secure a business loan. Unwilling to deal with the potential risks, banks will likely turn you away. Some entrepreneurs have a bad credit score from a failed, past business venture. Other reasons may include payment history, outstanding debts, industry risk, public records (e.g. bankruptcies and liens), etc. Whatever […]

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Your Business Funding Success. Consider A Merchant Cash Advance

Undoubtedly, getting approved for traditional business funding is not easy. More than half of business owners who apply for a traditional business loan get rejected. Fortunately, alternative lenders have become popular in the recent years and provide a great opportunity for you to get the necessary capital for your business. Alternative lenders offer quicker access to capital. You can get your loan through an online application and transfer process. Based on your credit score, you can be approved for business financing in minutes and get your money within a day or two. Consider applying to firstamericanmerchant.com for low-cost and reliable […]

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So the EMV Cards Aren’t Hacker-Proof After All

The EMV cards were supposed to be the answer to all of our hacking woes. But, researchers are finding some serious flaws in this technology. While it isn’t new technology, it is new to the ‘States, making us worry about our new debit and credit cards. Are they really safer? What do we, as merchants, need to do? According to new research, hackers could re-write the coding on the cards to virtually turn it into an old-timey signature card – you know, the cards that we just cut up because they were dangerous to use. The good news (if there […]

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Year-End Reviews Help Small Business Owners Prepare for the New Year

As customers begin flooding retail outlets this holiday season, it is easy for small business owners to suddenly feel they are being stretched too thin. Instead of wrapping up this year and planning for the New Year, many owners feel that it would be in their best interest to simply wait until the craze of the holiday shopping season is over. Even with the holiday rush, it is important for business owners to address their year-end reviews. Without going over certain details, money could potentially be lost from missing out on tax credits or deadlines. In order to ring in […]

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5 Ways to Know When a Loan is a Good Idea

Taking out a loan is a big decision. Many business owners choose not to pursue loans due to strict regulations and excessive interest. Those businesses in the high risk industry especially have a difficult time acquiring loans at reasonable rates. So when is a loan a good idea? The following is a list of the 5 best times to consider taking out a loan. Problems with Staffing, Equipment, or Inventory – Functional and modern equipment is important to any business. Sometimes unexpected issues arise with this equipment. In order to keep business processes on track, equipment errors must be fixed […]

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Knowing What Makes You High Risk Can Help in the Long Run

When you began in business you had no idea your particular industry was listed as high risk by the credit card associations. Yes, merchants with bad credit as well as a bankruptcy on their records are high risk because of their past payment history. However, you may have a brick and mortar or online business that sells antiques, matchmaker services, credit counseling, horoscopes, prepaid debit cards, SEO services or one of many other categories. You can do something about bad credit. But you are not going to change industries. You can manage your credit risk and you can also qualify […]

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Get Approved for a High Risk Cash Advance from First American Merchant

It’s easy to see how businesses are considered high risk if they have bad credit, past business history, bankruptcy, and outstanding tax liens. But did you know that businesses could be classified as “high risk” even if a merchant has perfect credit, an A+ rating with BBB and no customer complaints? Multiple factors are considered when categorized as “high risk” and in this current economy, new business ventures are labeled high risk. Many businesses are classified as high risk from the beginning because they work in certain sectors. New businesses may find themselves strapped for cash and Merchant cash advance […]

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