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small business funding Blog Posts

By First American Merchant

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

Merchant Cash Advance Funding

Merchants are always in need of funds to help them run their businesses. Thanks to First American Merchant who has been offering a helping hand to small and medium-sized businesses. We assist retailers with funding through merchant cash advances (MCA). Here is a quick guide to our MCA offers. What’s a MCA? A Merchant Cash Advance may also be referred to as the procurement of future sales. A financial firm purchases a given amount in future sales to allow the business owner some money for upfront expenses. The retailer then repays the amount (plus the prearranged fee) additively as he/she […]

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Small Business Loans with No Credit Checks Do Exist

Are you interested in a startup business loan? Do you know what’s your credit score? Or maybe you don’t have a credit history? What about small business startup loans with no credit? Credit Scores Many Americans aren’t even aware of their credit score. In fact, apart from your Social Security number, your credit score is one of the key numbers you need to know. Your credit score determines whether you can be eligible for loans and what interest rates you’ll be required to pay. Issued by Fair Isaac Co., FICO scores are the gold standard of credit scores. As of […]

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Get a Business Loan with “No Credit Check”

27% of businesses surveyed by the National Small Business Association (NSBA) reported they weren’t able to receive the necessary funding for their business. According to the NSBA Small Business Access to Capital Study, 20% of small business loans are denied because of business credit. Based on a 2015 survey in the field, of small business owners surveyed, 45% weren’t aware they have a business credit score. 72% have no idea where they could find information on their business credit score. 82% have no idea how to interpret their score. “Credit Check” and “No Credit Needed” If you’ve decided to apply […]

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Online Lending Industry Regulation

Top federal bank regulator Thomas Curry, US Comptroller of the Currency, last year told marketplace lenders in Washington D.C. to expect a tougher regulatory framework for the industry. The Office of the Comptroller of the Currency would be collaborating with other regulators. Tougher Regulatory Guidelines Tougher guidelines are in line with those that govern the rest of US banking. Calls for such guidelines followed an explosive expansion in the online lending industry and a series of high-profile missteps. The OCC reports, in 2015, so-called marketplace lenders generated about US$29bn of consumer loans, which was a six-fold increase from 2013. Some […]

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5 Tips to Help You Pay Back Your Loan During Slow Seasons

According to a US Bank study, 82% of businesses that fail appear in such situation because of cash flow problems. Cash flow problems aren’t something new for seasonal businesses since they have slow seasons with less money. 27% of businesses surveyed by the NSBA (National Small Business Association) report they weren’t able to receive the necessary funding they needed. According to those 1-in-4 businesses, the lack of funding prevented them from growing their business. This refers especially to women- and minority-owned businesses. So, how are you going to repay your business loan if you’re in a slow period? In such […]

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4 Key Differences Between Working Capital and Fixed Capital

Fixed and working capital differ when it comes to their usage in a business. One serves the long-term requirements of the business, while the other serves short-term requirements. To efficiently manage your business’ cash flow and overall financial health, it’s critical that you understand the difference between the two. Consider the following four, key differences between fixed and working capital. Meaning Fixed capital refers to the investment made in the long-term assets of a business. This capital is part of the business’ total capital that is not used for production. Rather, it is kept in the business for more than […]

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How You Can Get Business Funding Without The Bank

Whether you are a newbie in the business building process or an experienced entrepreneur launching into a new venture, one thing is for sure- startup capital is necessary. Business funding is usually one of the toughest stages for the new entrepreneur and the truth is not many pass this stage. One common misconception is that building a brick and mortar business (offline business) is tougher than bringing up a software company Well, sorry to burst your bubble but they both have their risks and intensities accrue to them. There are various ways to source for capital for your new business. […]

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Get A Business Loan With Bad Credit

So, a business cash advance is something that most every merchant needs at one time or another.  But, what happens when you have bad credit? Well, for some merchant account providers this means that you are no-go when it comes to getting a business cash advance. You need to look for one option, and that option lies with FAM. A merchant cash advance is not a short term loan or a high interest advance. It is a simple sale. Merchant cash advances purchase your future sales at a discount. Both parties agree to the amount of sales being purchased and […]

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Working Capital is Important To Business

What is working capital? And why should it matter to your business? Working capital is the funds your business has available to cover day-to-day expenses. Without it, your business could quickly find itself in a dangerous cash-flow situation. Or, worse case scenario, facing bankruptcy. It’s also important to keep an eye on working capital because it’s what investors consider when assessing your business’ financial health and liquidity; that is, how easily your business’ assets can be sold to generate cash on hand. Working capital can be found through the following, simple formula: Working capital = current assets – current liabilities […]

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The Advantages of Being a Small Business Owner

If you’re a would-be entrepreneur, you have probably heard a million reason not to go into business. The internet, in particular, is filled with articles and publications cautioning about the pitfalls of self-employment, be it the risks involved, debt, a non-social life, and so on. But even with these uncertainties, thousands of new businesses are opened every year. In truth, the advantages of jumping into entrepreneurship far outweigh the risks. Here are some of the best perks of being self-employed. Control Business owners are typically Type-A personalities, i.e. people that like to take charge and make decisions, without always being […]

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