admin, Author at Franklin Merchant Capital

5 Small Business Loan Myths

0 Comments

April 28, 2022 admin small business, smallbusinessfinancing

Myths about Small Business Loans

Numerous independent ventures will require a loan sooner or later. Whether it’s for working capital, business extension, buying non-current assets, further developing administrations, or refreshing your premises, organizations can expect admittance to cash for various purposes.

Notwithstanding, there are many small business loan myths that can create turmoil among entrepreneurs. Assuming that you’re uninformed about business advances or hoping to isolate truth from fiction, we’ve busted the most common small business loan myths.

How To Increase Cash Flow in your Company?

1 Comment

February 18, 2022 admin cash flow

There is no doubt that a healthy cash flow allows businesses to have more freedom over their operations. More money means that businesses can strengthen their organizations by having more purchasing power. This allows an organization to train their employees or hire more experienced workers, invest in the latest technology, market, and product research, and ultimately grow their business.

Though managing cash flow is no easy task, there are several strategies that businesses can employ to improve their cash flow. Here are a few easy-to-implement business strategies to increase cash flows.

Get a Loan with Bad Credit

2 Comments

business loans pexels andrea piacquadio 3760067

admin business loan, credit

You may be alarmed to find that a business can obtain a loan despite a poor credit score as long as your company is in a good position. Many lenders have various qualifications they look for besides your credit score, and some of the other factors include

What is Bad Credit and How Does it Affect You?

1 Comment

admin credit

It is no secret that having a bad personal credit score can wreak havoc in our lives and keep us drowned in high-interest rates on mortgages, cars, and much more. In addition to that, many people assume that having their personal and business credit scores separate means that their bad personal credit will not affect their chances of getting approved for a business loan. This is not the case, and most lenders’ first line of inquiry is your credit.

5 Tips to Small Business Funding

1 Comment

September 29, 2019 admin funding, small business

Many early-stage and sustaining businesses find themselves running into cash flow problems for a host of reasons throughout the company’s evolution. Perhaps they grew at a faster pace than their profits could support; perhaps they needed to invest in equipment or hire new staff to service their growing customer base. Whatever the cause is, solving that issue is not just about securing cash flow financing, but securing the right type of financing. There is a strategy to assess your cash flow borrowing needs.

Steps for Choosing the Right Financing for Your Business

2 Comments

August 21, 2017 admin

Access to financing and loan facilities is critical to the ongoing success of any growing business. Whether you need to hire new staff, expand to a new territory, or buy new raw materials, advance funding will be likely required. So choosing the right financing for your business matters.

Choosing the right financing for your business can be a daunting task. It is complex and time-consuming. Small businesses have a mountain of choices. This is due to the increase in the number of lending tools in recent years that become available. But there are loan specialists that with no upfront fees can source the right fit for your business.

(more…)

Best Ways to Consolidate Business Loans

1 Comment

admin

Seek out the best ways to consolidate business loans that helps your business achieve stability, scaleability, and sustainability.

(more…)

5 Advantages of Merchant Cash Advances

1 Comment

June 2, 2017 admin

Managing your business and keeping it well-financed can be at times like trying to control a raging river with a will of its own. Here are 5 advantages of merchant cash advances that can help tame the waters.

(more…)

Merchant Cash Advance – What is it and its Benefits?

2 Comments

February 22, 2017 admin

Merchant cash advance might be right for you if you have a volume of credit cards purchases. FMC also offers other solutions, such as receivable funding, bridge loans or business lines of credit.

It’s important to choose the right financing when you are starting or seeking to expand your business. Franklin Merchant Capital’s goal is to finance businesses at the best possible terms — without bank loan complexes — through Consolidation Programs and/or Business Lines of Credit.

Merchant Cash Advance

This method allows you to sell the company’s future credit and debit card sales in exchange for a discounted purchase price.

Advantages of a Merchant Cash Advance

It’s faster and easier to get a Merchant Cash Advance than a traditional loan.
It has no set maturity date so small business financing tends to be convenient for most firms, thereby making your business more flexible financially.
You don’t need to write any checks because the remittances are automatic.
Cash flow financing for small business is friendly.
Small business financing can qualify without a history of stellar credits.

Ways of using the money from a Merchant Cash Advance

Cash flow financing for small businesses is used in regular operations such as paying employees and training.
Used in business assets such as equipment and vehicles.
Used in cost management such as renovations.

Businesses who qualify for merchant cash advances are small, medium-sized, or large that have been in business for at least one year, haven’t filed for bankruptcy and have no large tax liens. When you apply to Franklin Merchant Capital the application process is quick and simple. When you complete and submit the application one of our professionals will be in touch with you to review and discuss what your business needs most, and provide you with the best business cash solution. Approvals can be accomplished within days.

Useful Links

Small Business Lending Solutions, Company News, Tips For Cash Flow Of Your Small Business, Get A Loan With Bad Credit, About Us, Consolidation Loan Programs

Financing Options for Small Business

0 Comments

admin

It’s almost inevitable for a small business startup or an existing business to need cash flow or growth capital. Financing for a small business, especially when experiencing a cash crunch, should be sought before it’s needed.

Financing options for small business can sometimes be difficult, as most traditional lending specialists are skeptical due to their unpredictability and questions regarding their ROI capabilities. Here are some considerations.

(more…)