Business Credit & Capital No Comments

What is an ISO and how can you earn money with BCC?

Photo Credit: EvelynGiggles

Photo Credit: EvelynGiggles

What is an ISO and how can you earn money with BCC?
When taking a survey of the current financial market, you can see evidence that it has effectively recovered from the financial crisis that rocked the economy during the last decade. During this recovery period that has been an evolution of sorts in which many people were forced to reinvent themselves as companies downsized and people were laid off. A significant amount of people with experience in the financial industry launched independent sales organizations that provided the exposure to the market while maintaining the flexibility to function as a private business owner. These ISO’s create a significant opportunity for the owners to be directly involved in the recovery and growth of the financial industry in this current decade.

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Business Credit & Capital No Comments

How does a Merchant Cash Advance work?

Photo Credit: plantoo47

Photo Credit: plantoo47

A merchant cash advance is a financial tool that is vastly underutilized by many business people. For those companies with a dependable record of sales, there is no need to take out a loan on new credit, even in the face of a large, short term emergency. A merchant cash advance gives a business the opportunity to readjust a cash flow to fit the volatile times that we live in.

The Particulars of a Merchant Cash Advance
A merchant cash advance is based on the ability of a business to pay off a loan in the present from credit card sales in the future. In order to qualify for a merchant cash advance, a financial lender will assess the amount of credit that a business has and that it needs for its goals.

The financial lender will come up with an approval amount based on those findings.

The lender will then forward that approval amount in cash to the business for use in the present. The business will be responsible for paying back the loan from credit and debit card sales in the future.

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Line of Credit with Benefits

Quick recap on our line of credit program.

  • Automatic Approval for additional funding every 30 days.
  • No more waiting until merchant is 40% paid down
  • Commissions paid each time the merchant is funded
  • We can customize this for any merchants needs

Scenario – Merchant is approved for $30,000 with a line of credit which will fund him 30, 60 and 90 days from initial funding $3500.00.

Record set this week – funded additional capital within 10 minutes of receiving signed documents.

Commissions, as always, paid at the time of the funding because…we love our ISO’s!

Business Credit & Capital No Comments

Using a Business Loan or Line of Credit to Fund Medical or Dental Equipment

Photo Credit: N A I T

Photo Credit: N A I T

As a small business owner, finding the right type of financing for expansion or equipment is paramount to the long-term success of your business. This is especially true in the medical field. With the rapid advancement of technology, medical and dental equipment can become obsolete in a relatively short period of time; therefore, it is imperative to have access to the funding that you will need to acquire the necessary equipment to ensure the success of your business.

The Primary Options Available
While there are multitudinous options available to secure funding, a small business loan and a business line of credit are the two most-viable options; however, there are some things that you should consider before making a decision on which method is best for you and your company.

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How a Merchant Cash Advance Can Help a Business

Photo Credit: Giuseppe Milo

Photo Credit: Giuseppe Milo

All businesses, whether they are large or small, have one thing in common. They all need working capital to survive. Working capital is funding that keeps the businesses running even during tough times or start-up periods. A business owner can use capital for a wide variety of business-related purposes. He or she may use capital to purchase updated equipment and technology to increase customer service efforts. The business owner may use capital to make sure that employees are paid on time without complications. Additionally, the business owner may need to enter into partnerships with other businesses to acquire specialty services. Working capital consists of the funds that make completing those tasks possible.

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Business Credit & Capital No Comments

Brokers Will Always Provide A Valuable Service in the MCA Industry

Photo Credit: Simon Cunningham

Photo Credit: Simon Cunningham

There may come a time when a merchant needs to expand or upgrade their business. The customer base has increased or they need to improve their technology to remain competitive. The merchant may not have a a large amount of funds available to make such a substantial investment. The regular cash flow will enable them to take a cash advance to meet their needs. They can obtain a merchant cash advance. According to an article in Businessweek, growth in the merchant cash advance industry is expected to exceed $10 billion annually.

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