From Debt to Success: How a Merchant Cash Advance Buyout Loan Can Save Your Business

Running a business can be a daunting task, and oftentimes business owners find themselves in a situation where they are struggling with debt. Merchant cash advances (MCAs) are one such form of debt that can be particularly difficult to manage. While MCAs can provide businesses with quick access to cash, they come with high interest rates and fees that can quickly spiral out of control. Fortunately, there is a way out of this debt trap: a merchant cash advance buyout loan.

A merchant cash advance buyout loan is a type of loan that allows businesses to consolidate their outstanding MCAs into a single, more manageable loan. With this type of loan, businesses can take advantage of lower interest rates and longer repayment terms, which can help them get back on track financially.

One of the key benefits of a merchant cash advance buyout loan is that it can help businesses improve their cash flow. MCAs often come with daily or weekly repayment requirements, which can put a significant strain on a business’s cash flow. By consolidating these MCAs into a single loan with a more manageable repayment schedule, businesses can free up cash that can be used to reinvest in the business, pay bills, or grow the company.

Another benefit of a merchant cash advance buyout loan is that it can help businesses improve their credit score. MCAs are often considered to be high-risk loans, which means that they can have a negative impact on a business’s credit score. By consolidating these loans into a single loan with more favorable terms, businesses can improve their credit score and make it easier to qualify for other types of financing in the future.

Additionally, a merchant cash advance buyout loan can help businesses avoid the legal consequences of defaulting on their MCAs. MCAs are typically secured by the business’s future receivables, which means that if the business is unable to make the required payments, the lender can seize those receivables. This can be a devastating blow to a business, as it can leave them with no way to generate revenue. By consolidating their MCAs into a single loan, businesses can avoid this risk and protect their future revenue streams.

If you’re a business owner struggling with MCAs, a merchant cash advance buyout loan may be just what you need to get back on track. With lower interest rates, more manageable repayment terms, and improved cash flow, this type of loan can help you get out of debt and start building a brighter financial future for your business. At Unsecured Finances, we specialize in providing MCA buyout loans to businesses of all sizes. Contact us today to learn more about how we can help you turn your debt into success.

Thinking of Starting a New Business?

Now is the time! With our society ready to get back in action (safely), new business concepts are quickly emerging with creative flows for serving the public without the high risk of spreading the virus. Put your innovative business concepts into play, and connect with us to get the funding you need to start your newest venture!

Financial restraints have been a complaint for many of the dreamers, limiting themselves to their immediate funds. There is an alternative. If you have the dreams and decent credit, Small Business Loans and No Doc Loans are available to you. Our goal is to provide you with the knowledge you need and the resources available to make your dream a reality. Give us a call – we have the education and the perspective to help you obtain the loans you need for your small business. Visit our website or give us a call to find out what financial backing is available to make your business soar!

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584

How to Write a Business Plan for Business Loans

When you are applying for a business loan, it helps (and is often required) to have a prepared business plan. This type of plan shares hard data about your business’s current success as well as forecasts for how the proposed loan will help you achieve continued growth and meet future financial goals.

Let’s talk about what should be in your business plan. 

A strong business plan for a loan application will include the following elements:

  • Cover Page and Table of Contents
  • Executive Summary
  • Company Description
  • Market Plan and Analysis
  • Organization and Management
  • Service or Product
  • Marketing and Sales
  • Financing Analysis
  • Funding Request
  • Appendix

1. Cover Page and Table of Contents

Your business plan for a loan application is a professional document, so be sure it looks professional. The cover page should contain the name of your business and your contact information. If you have a logo, it should go on the cover.

Both lenders and you will appreciate a table of contents and page numbers in the business plan for a loan application, so they can quickly find specific sections. If you are delivering your plan digitally and not physically, be sure your table of content is clickable and links readers to the correct sections.

2. Executive Summary

It’s common for business documents to carry executive summaries at the beginning so that busy people have the key takeaways from a larger document immediately at hand. Your reader shouldn’t feel they have to wade through a large document for crucial information.

Briefly summarize the entire business plan on a page. Describe the company, your product, and why you started the company. Include your chief competitors and why your product will succeed against them. If relevant, discuss the economic climate vis-à-vis your customers and products.

3. Company Description

The company description should include a mission statement, the company principles, any strategic partners, and your corporate structure. It will be relatively short.

4. Market Analysis

After you’ve told the lender what your company does and who does it, you’ll want to provide a competitive analysis of your market. Let’s be clear: the market analysis is not a full marketing plan. That will come later. The market analysis focuses on the qualities of the market, not a detailed plan of how you’ll capture it. Identify the existing gaps that your business will fill. A business plan’s market analysis should include:

• An industry overview and outlook

• Any differentiation in sector and niche

• Information on your target market

• The company’s marketing strategy and how it will make your company stand out

The market analysis should also specify the effect of outside sources on your company. For example, if the industry is subject to regulation, include information indicating your knowledge of the regulation and your past compliance with it (if your business is already up and running). Will you require raw materials? If so, how do you guarantee you’ll have them at costs that support your financials? Are there any risks to price points changing?

What about your competitors? How do they differentiate themselves? What is their pricing strategy?

5. Organization and Management

The organization and management section should itemize your company’s management structure. Many business plans provide an organizational chart, a structure description, and salary forecasts.

The description should include each management position, the person in the position, their responsibilities, and their qualifications. If you have a Board of Directors, list them on a separate page, along with any experience relevant to your business’s success.

The principals of the firm, such as the owner and co-owners, are included in the business description section. If your company is small and currently contains only the principals, it isn’t necessary to include a separate organization and management section.

6. Service or Product

Now it’s time to describe your company’s product or service in detail. What do you sell, and who do you sell to? What exactly is your business model? What need are you fulfilling for the customer base? Business plans often itemize their entire product line with the planned or current pricing structure.

The service or product section should also include your product/service’s estimated lifecycle, and any research and development completed, in progress, or planned. Naturally, this section will vary greatly depending on your type of business. It should also include a description of any trademarks, patents, or other intellectual property rights, if applicable.

7. Marketing and Sales

The marketing and sales section includes three vital pieces of information:

  • How will customers find out about your products?
  • What will your sales channels and methods be?
  • What is your growth strategy?
  • If you plan for customers to discover your products or services through informational methods like industry meetings, specify what your plan for that method is. If you plan to advertise or develop a public relations campaign, specify what your efforts will be. Will you be on social media channels? Which ones, and why? Are these efforts designed to appeal to specific demographics or types of customers? Which ones, and why? Will sales be accomplished via a targeted sales team? Will management call upon relevant prospective clients or stores? Will you have an online presence?

If you have a growth strategy, outline it. If you plan expansions to other geographic areas or other types of potential customers, discuss it in this section.

8. Financial Analysis

The financial analysis section is key for lenders. The financial analysis must include financial projections for three to five years out. The further out into the future forecasts run, of course, the more difficult it is to predict with certainty. One solution is to prepare a business plan with three-year forecasts, but have a five-year forecast ready if the investors want them.

Tip: If you are already in business, you should also include historical results for the past three to five years (or for as long as the business has been operating, if it’s less).

The financial projections must include:

  • Income statements
  • Cash flow statements
  • Capital expenditure budgets
  • Balance sheets
  • They may also include profit and loss statements, sales forecasts, and financial metrics relevant to your industry. Lenders may ask you for more granular data, such as cost of sales or cost per product (or service).

You need to provide the projections by month, quarter, and year. Potential investors want to see the financials in both the short and long term. Why? Because businesses that aren’t meeting their monthly and quarterly projections can be risky. If they are falling behind in sales or profit, for example, they can fail rapidly.

On the other hand, if sales are much greater than projected, the company can find it challenging to keep up with production and other efforts. To counterbalance the risk, lenders always want a clear picture of what’s likely to happen.

Thinking of Starting a New Business?

Now is the time! With our society ready to get back in action (safely), new business concepts are quickly emerging with creative flows for serving the public without the high risk of spreading the virus. Put your innovative business concepts into play, and connect with us to get the funding you need to start your newest venture!

Financial restraints have been a complaint for many of the dreamers, limiting themselves to their immediate funds. There is an alternative. If you have the dreams and decent credit, Small Business Loans and No Doc Loans are available to you. Our goal is to provide you with the knowledge you need and the resources available to make your dream a reality. Give us a call – we have the education and the perspective to help you obtain the loans you need for your small business. Visit our website or give us a call to find out what financial backing is available to make your business soar!

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584

Is it time for your business to get bigger?

You started your business – that’s a great first step. Maybe it’s been a few months, or maybe it’s been a couple years, but things are really starting to fly. However, you’re feeling confined by your budget and it’s making it difficult to grow the way you know your business can. What do you do?

Well, as you’re building your business, there will come a point in time when you will need to start investing in it. It’s time to start looking for business loans. 

Finding resourceful and affordable products are wonderful, but sometimes you need to level up your business and invest more to continue to grow.

While we’re talking about business loans, we thought we’d share five reasons why we think investing is important for your business.

1 | Your business will grow

I’m sure you’ve heard of the phrase “you gotta spend money to make money,” right? Though it may seem like a cliche saying, it’s actually true. You really do need to spend money to make more money.

Each time we’ve invested in our own business, we’ve reaped the rewards tenfold. Whether you’re investing in products to help run your business more smoothly, hiring a business coach, or outsourcing tasks, spending the money is worth it.

You can’t expect to be able to do it all yourself and there are programs and services out there that can save you time (and stress!) on tasks that you don’t need to do.

That’s where a business loan comes in handy.

2 | You (and others) will take your business seriously

Once you start investing in your business through business loans, you’ll really start to take your business seriously. That’s not to say if you aren’t currently investing in your business that you don’t take your business seriously, but once you know that you are spending your hard-earned money on a product or outsourcing tasks, you’ll want to make sure it’s worth it.

Because no one wants to waste money. So you’ll want to work smarter, not harder, to get the results that you want.

3 | You will feel less stressed

You know all of those tasks you totally dread doing? Whether you realize it or not, they are stressing you out!

Tasks that aren’t in our realm of expertise drain us a lot more than we think. It also wastes time because these tasks end up taking you twice as long to do because you don’t enjoy doing them nor are you an expert at doing them efficiently.

Once you start investing in people and services to help make your life easier, you will feel way less stressed and can focus on only the most important tasks for your business.

4 | You can focus on what you’re best at

Speaking of the important things…your focus needs to be on the tasks that you do best. The ones that only you can do.

That will be different for each business owner, but you can probably easily figure out the tasks that are most important for you to do.

Focusing on what you’re best at will also make you more productive throughout your workday.

5 | You will save time

Time = money. Truly. Your time is worth something.

And if you’re spending it on tasks that you don’t particularly like to do, nor that you’re the best at you’re wasting precious time that you could either spend on other business-building tasks or spend time with your family and friends.

You can never get time back so make sure to spend it wisely. Start planning your business loan with us today. 

Thinking of Starting a New Business?

Now is the time! With our society ready to get back in action (safely), new business concepts are quickly emerging with creative flows for serving the public without the high risk of spreading the virus. Put your innovative business concepts into play, and connect with us to get the funding you need to start your newest venture!

Financial restraints have been a complaint for many of the dreamers, limiting themselves to their immediate funds. There is an alternative. If you have the dreams and decent credit, Small Business Loans and No Doc Loans are available to you. Our goal is to provide you with the knowledge you need and the resources available to make your dream a reality. Give us a call – we have the education and the perspective to help you obtain the loans you need for your small business. Visit our website or give us a call to find out what financial backing is available to make your business soar!

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584

How Do Private Funds Provide Capital?

A fund is an entity created to pool money from multiple investors—often referred to as limited partners. Each investor makes an investment in the fund by purchasing an interest in the fund entity, and the adviser uses that money to make investments on behalf of the fund. Traditional venture funds typically invest in businesses in exchange for equity and some firms specialize in particular industries or in companies at a certain stage (for example, early, mature, or later stage).

A private investment fund is an investment company that does not solicit capital from retail investors or the general public. Members of a private investment company typically have deep knowledge of the industry as well as investments elsewhere. To be classified as a private fund, a fund must meet one of the exemptions outlined in the Investment Company Act of 1940. The 3C1 or 3C7 exemptions within the Act are frequently used to establish a fund as a private investment fund. There is an advantage to maintaining private investment fund status, as the regulatory and legal requirements are much lower than what is required for funds that are traded publicly.

The Four Main Types of Private Investors

1. Friends and Family

Friends and family are often the first private investors that startups and small businesses turn to. They’re a great resource for seed funding and startup money, as friends and family already have that base of trust and involvement that founders usually have to build from scratch with other private investors.

2. Angel investors

Angel investors are private investors that are wealthy individuals who invest in startups, usually at the early stages. Sometimes angel investors pool their money with other angel investors, forming an investor pool.

The typical angel investor is someone who’s net worth is likely in excess of $1 million or who earns over $200,000 per year. Incidentally, those look a lot like the credentials of an accredited investor.

Realize, though, that the angel investor is playing with their own money — not invested capital — so even though they may be a high net worth individual, they are private investors that are still looking at money coming out of their personal bank account.

3. Venture capitalists

Contrary to popular mythology, venture capitalists are just regular people who make bets on big opportunities like anyone would in the stock market.

One way that they’re different from “regular people,” however, is the fact that they work for venture capital firms. Unlike angel investors, they are private investors that are not investing their own money, but rather the money of their employer. They do everything in their power to make sure their bets pay off, but ultimately, even the best ones miss far more often than they hit.

A venture capitalist is charged with finding a relatively small number of investments (usually less than a dozen per year) to make over a seven to 10 year period. While the venture capital firm may look at thousands of deals in a given year, they can only pick a handful of deals to pursue.

4. Private equity firms

Unlike just about every other type of capital, private equity isn’t really associated with startup capital – it’s associated with growth capital. Private equity is a type of investment typically reserved for companies that have already grown to a larger size and are looking for a particular growth or exit strategy that isn’t available through traditional financing.

Thinking of Starting a New Business?

Now is the time! With our society ready to get back in action (safely), new business concepts are quickly emerging with creative flows for serving the public without the high risk of spreading the virus. Put your innovative business concepts into play, and connect with us to get the funding you need to start your newest venture!

Financial restraints have been a complaint for many of the dreamers, limiting themselves to their immediate funds. There is an alternative. If you have the dreams and decent credit, Small Business Loans and No Doc Loans are available to you. Our goal is to provide you with the knowledge you need and the resources available to make your dream a reality. Give us a call – we have the education and the perspective to help you obtain the loans you need for your small business. Visit our website or give us a call to find out what financial backing is available to make your business soar!

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584

How to Get Around Underwriting with Private Investments

DId you know that you can get around underwriting with private investment in venture capital? 

First of all, what is underwriting? 

Underwriting simply means that your lender verifies your income, assets, debt and property details in order to issue final approval for your loan. An underwriter is a financial expert who takes a look at your finances and assesses how much risk a lender will take on if they decide to give you a loan.

What is private investment fund?

A private investment fund is an investment company that does not solicit capital from retail investors or the general public. Members of a private investment company typically have deep knowledge of the industry as well as investments elsewhere. There is an advantage to maintaining private investment fund status, as the regulatory and legal requirements are much lower than what is required for funds that are traded publicly.

What is Venture Capital?

Venture capital (VC) is a form of private equity and a type of financing that investors provide to startup companies and small businesses that are believed to have long-term growth potential. Venture capital generally comes from well-off investors, investment banks, and any other financial institutions.

However, it does not always take a monetary form; it can also be provided in the form of technical or managerial expertise. Venture capital is typically allocated to small companies with exceptional growth potential, or to companies that have grown quickly and appear poised to continue to expand.

Wondering if this is the right fit for your business?

Unsecured Finances is made up of seasoned experts in the financial field. You can speak with anyone on our team about whether this is the right move for your business and how the process works. Give us a call!

Thinking of Starting a New Business?

Now is the time! With our society ready to get back in action (safely), new business concepts are quickly emerging with creative flows for serving the public without the high risk of spreading the virus. Put your innovative business concepts into play, and connect with us to get the funding you need to start your newest venture!

Financial restraints have been a complaint for many of the dreamers, limiting themselves to their immediate funds. There is an alternative. If you have the dreams and decent credit, Small Business Loans and No Doc Loans are available to you. Our goal is to provide you with the knowledge you need and the resources available to make your dream a reality. Give us a call – we have the education and the perspective to help you obtain the loans you need for your small business. Visit our website or give us a call to find out what financial backing is available to make your business soar!

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584

Why should you start stocking up your holiday inventory now?

This year, many businesses are throwing the just-in-time strategy out the window and instead stockpiling inventory to make sure they have enough product on hand.

Holiday Basics

1.    Holiday Cards: It’s never too early to order business holiday cards. If you’re sending paper cards, it’s recommended to mail them by December 1 to avoid the deluge of other cards, or even sending Thanksgiving cards if time permits.

2.    Corporate Gifts: Considering sending a gift to a top-tier client or vendor? Check the recipient’s gift policy first. Larger corporations likely have strict guidelines on employees receiving gifts from vendors, suppliers and partners. Once you have that information, make your list and order early to ensure timely delivery. Look for retailers that offer free shipping so you don’t end up with another “to-do” on your list and more cash out of your pocket.

3.    Gift Cards: According to data from the National Retail Federation, gift cards are the most requested gift item — for the eighth year in a row. Capitalize on this trend by offering your customers the option to “gift” from your business. 

4.    Ribbons, Wraps, Bags & Boxes: PeraDice Cards & Gifts in Sacramento, CA, always has gift wrapping supplies on hand. Investigate the cost savings and convenience of buying in bulk, and be sure to include everything you need, such as tape, tags and scissors to go with your paper, bags and bows. 

5.    Shipping Supplies: Even if your business doesn’t regularly do shipping, chances are you’ll need to ship something during the holiday season. Make the task a simple one by stocking a supply of shipping materials like boxes, Bubble Wrap® or peanuts, shipping tape and labels. And make life easier by looking for vendors you already work with that might also offer convenient shipping options. The more you can do at places you already go, the better for your time management.

6.   Decorations: Show your holiday spirit by decorating inside and outside your business. But consider your space and traffic when choosing decorations. And remember that not everyone celebrates Christmas; your decorations can be inclusive of other holidays without losing any festive spirit.

Back Room & Breakroom Basics

Your employees feel the pressure of the holiday season, too. Stock up on breakroom and back room supplies to increase their comfort and productivity:

1.    Snacks, Coffee and Water: It’s important to keep your staff happy, unstressed and motivated. Supply them with good food and beverages. For a special treat, she recommends ordering in lunches on particularly busy days.

2.    Hand Sanitizer and Wipes: Unfortunately, the holiday season coincides with flu season. Keep plenty of hand sanitizer and wipes close by so your employees stay healthy and productive.

Business Basics

1.    High-Use Office Supplies: The last thing you need is to run out of critical supplies like cash register tape or paper for the copier. Take inventory now of the supplies you use the most and stock a little more than usual to be on the safe side.

2.    Technology Upgrades: If the holidays aren’t your busy season, they can be the perfect time to upgrade office technology like printers, computers, tablets and cell phones. The lower work volume means problems, bugs and delays will have less impact on your operation.

3.    Updated Accounting & Tax Software: Chances are good there are changes to the tax laws for the coming year. Hodges recommends purchasing up-to-date tax and accounting software before the start of the new year to ensure a fluid transition.

Thinking of Starting a New Business?

Now is the time! With our society ready to get back in action (safely), new business concepts are quickly emerging with creative flows for serving the public without the high risk of spreading the virus. Put your innovative business concepts into play, and connect with us to get the funding you need to start your newest venture!

Financial restraints have been a complaint for many of the dreamers, limiting themselves to their immediate funds. There is an alternative. If you have the dreams and decent credit, Small Business Loans and No Doc Loans are available to you. Our goal is to provide you with the knowledge you need and the resources available to make your dream a reality. Give us a call – we have the education and the perspective to help you obtain the loans you need for your small business. Visit our website or give us a call to find out what financial backing is available to make your business soar!

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584

Get $100,000 to stock up your business for the holidays

The holidays come fast, especially when you work in retail. Make sure you are properly stocked up in time for those holiday shoppers, and that you are taking all the right steps to mark your products. This is where an investment in your business will only serve to benefit you. Imagine how you could make the most of the holiday shopping season with a business loan of $100,000 or up to $5 million?

To capture consumer demand and avoid supply chain mishaps, calculate how much money to allocate to holiday inventory by reviewing sales numbers from prior years and carefully consider this year’s predicted consumer habit of shopping before peak season. Err on the side of buying your bestsellers earlier—and in smaller, risk-averse quantities—to account for both demand and potentially irregular lead times.

It’s also worthwhile to ensure your online presence offers information about your business and how you got started. With more customers looking to shop small and support businesses that reflect their values, providing an origin story on your website is a great way to appeal to new customers.

Gift guides can be a powerful sales tool this time of year, especially since 90% of North American consumers are willing to try new brands during the holiday season. This appetite for discovery allows you the opportunity to surprise and delight customers by introducing them to unique gifts from your store. One easy way to showcase these products is by putting together a holiday gift guide.

To determine how to categorize your holiday gift guides, consider your target customer. Think about who they’re shopping for and what values are important to them. Then, factor in your holiday inventory strategy. Your holiday gift guides don’t have to consist of completely new, holiday-specific products. Instead, they can be curated in a way that best fits your catalog of products. 

A great way to engage new customers and build strong relationships with repeat customers is email marketing, which can be another valuable tool in building your business’s online presence. If you haven’t yet, find a way to collect email addresses from your customers, whether it’s a sign-up sheet at your store or a form on your website. Templates can be a huge time-saver, and it’s easier than you think to master the nuances of what kinds of emails to send. Emailing your patrons regularly keeps your business top of mind and is an easy way to drive traffic straight to your e-commerce site. It’s also another avenue to advertise any current sales or curated holiday collections. 

Thinking of Starting a New Business?

Now is the time! With our society ready to get back in action (safely), new business concepts are quickly emerging with creative flows for serving the public without the high risk of spreading the virus. Put your innovative business concepts into play, and connect with us to get the funding you need to start your newest venture!

Financial restraints have been a complaint for many of the dreamers, limiting themselves to their immediate funds. There is an alternative. If you have the dreams and decent credit, Small Business Loans and No Doc Loans are available to you. Our goal is to provide you with the knowledge you need and the resources available to make your dream a reality. Give us a call – we have the education and the perspective to help you obtain the loans you need for your small business. Visit our website or give us a call to find out what financial backing is available to make your business soar!

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584

What Can You Use a Merchant Cash Advance For?


Debt doesn’t have to be a scary word, especially in the business world. Although you need to be mindful not to carry too much debt, borrowing money can also help your business succeed. Here are a few ways you can use an MCA to meet your current business needs or expand your operations.

Inventory Needs

As a business, you need products to make sales. Buying inventory in bulk can save you money through discounts, but it can use up most of your capital. Instead of depleting your cash reserve, you can use an MCA to stock up, update your product lines, and meet customer demand.

Unexpected Costs

When emergencies and unanticipated expenses arise, they can wreak havoc on a business’s cash flow. An MCA offers a way for your company to access cash quickly. It’s an excellent option for short-term relief so you can take care of your needs promptly.

Pandemic Assistance

Short-term relief has been essential for business owners during COVID19. Some business owners have had to buy expensive PPE to keep staff safe, while others have experienced a change in revenue. If you’re experiencing hiccups in your business cycle due to coronavirus, you may be eligible for a pandemic loan.

Making Payroll

Finding the right talent is half the battle of running a successful company. Having to let staff go prematurely can hurt a business’s bottom line. Financing helps owners avoid unnecessary layoffs and furloughs.

Purchasing and Renting Equipment

Getting equipment can be expensive. To avoid eating up cash reserves, owners have the option of financing their purchase rather than buying machinery out-right. Using a merchant loan can help you avoid tapping out your cash buffer. That way, you still have a financial safeguard for the ups and downs that come with running a business.

Commercial Rent

Maintaining a physical store location often comes with a whole slew of additional fees and expenses. When revenue temporarily dips, additional funds can help you make rent on time.

Operational Costs

Working capital refers to everyday business operating expenses, such as rent, wages, and utilities. An MCA can help you catch up on temporary cash flow gaps so you can pay your rent and bills on time to avoid late fees or have enough money to pay your employees.

Growth and Expansion

You can also use borrowed funds to grow and expand your business. Whether you need to purchase equipment or hire new staff members, you can use an MCA to make it happen. Invest in your business and stay ahead of the competition.

Taxes

Sometimes, owners run into the issue of owing more than expected come tax season. When in a bind, MCAs are a good option for bridging short-term cash flow gaps. Instead of using your nest egg to pay the IRS, you can repay owed funds with a portion of your future sales.

Onboarding Employees

Bringing new staff members on is no cheap feat. Business cash advances can be used for training hires and securing top talent. Investing in the right employees can help small businesses achieve larger initiatives.

Thinking of Starting a New Business?

Now is the time! With our society ready to get back in action (safely), new business concepts are quickly emerging with creative flows for serving the public without the high risk of spreading the virus. Put your innovative business concepts into play, and connect with us to get the funding you need to start your newest venture!

Financial restraints have been a complaint for many of the dreamers, limiting themselves to their immediate funds. There is an alternative. If you have the dreams and decent credit, Small Business Loans and No Doc Loans are available to you. Our goal is to provide you with the knowledge you need and the resources available to make your dream a reality. Give us a call – we have the education and the perspective to help you obtain the loans you need for your small business. Visit our website or give us a call to find out what financial backing is available to make your business soar!

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584

How do I get the big bucks for my business?

Funding should never stand in the way of your business concepts and goals. After the insane past few years, it might seem to be more difficult to get the funding you need to grow your business, but after speaking to our financial professionals, you will have options for getting up to $5 Million Dollars in funding. Sounds like a dream, huh?

If you are trying to jump into some of those businesses that require a little more funding to get started – restaurants, transportation companies, auto repair shops ,you could benefit from a Merchant Cash Advance that could provide up to $5 Million Dollars in funding for your business. 

What Is a Merchant Cash Advance?

A merchant cash advance (MCA) provides a business cash upfront in exchange for a percentage of its future sales. It’s an alternative financing option for business owners to get funding without collateral or personal credit requirements. An MCA is also called a credit card processing loan because it’s commonly utilized by companies that accept payments through a business merchant account.

As the name suggests, MCA isn’t a loan but an advance based on a company’s creditworthiness, future sales, and past debit card and credit card sales. When you apply for an MCA, you and the lender agree on an advance amount, a payback amount, and a holdback percentage. The agreed-upon holdback percentage is withheld from your daily sales as payment and the holdback percentage will apply until your balance is paid in full.

The payback amount will depend on a factor rate set by the lender based on their risk assessment of your company’s creditworthiness. The factor rate is inclusive of fees and interest rates; you multiply the cash advance by the factor rate to get your total repayment amount. The higher the rate, the higher you pay.

Repaying an MCA back depends on your daily revenue. Thus, with more sales, you can pay back the advance faster. You’re not obligated to pay more if you’re experiencing low sales but it does prolong the repayment period.

What Types of Businesses Use Merchant Financing?

Merchant financing is best for businesses looking to fund a profitable opportunity to generate revenue, like the bulk purchase of quick-turnaround inventory. An MCA is also a great financing option for companies that are borrowing to expand their operating capacity through the acquisition of machinery or to bring in extra help during peak season. Businesses that utilize merchant financing include:

  • Retailers, distributors, and suppliers
  • Transportation companies
  • Service-based businesses, like hair and nail salons
  • Bars and restaurants
  • Specialty trades
  • Auto repair shops

An MCA is a great option for businesses that process a high volume of credit card transactions. Before taking on any business financing, make sure you understand the costs associated with your loan. In addition, ensure you have enough cash flow to make payments, especially since an MCA needs to be paid back daily.

Thinking of Starting a New Business?

Now is the time! With our society ready to get back in action (safely), new business concepts are quickly emerging with creative flows for serving the public without the high risk of spreading the virus. Put your innovative business concepts into play, and connect with us to get the funding you need to start your newest venture!

Financial restraints have been a complaint for many of the dreamers, limiting themselves to their immediate funds. There is an alternative. If you have the dreams and decent credit, Small Business Loans and No Doc Loans are available to you. Our goal is to provide you with the knowledge you need and the resources available to make your dream a reality. Give us a call – we have the education and the perspective to help you obtain the loans you need for your small business. Visit our website or give us a call to find out what financial backing is available to make your business soar!

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584

How to Fund a $5 Million Dollar Business Concept

Got a big business concept brewing but worried about the funds it takes to get it moving? With all the business owners pivoting into new and more profitable industries, and people looking to make a career change and take the leap into owning a business, funding should never stand in the way.

Got a big business concept brewing but worried about the funds it takes to get it moving? With all the business owners pivoting into new and more profitable industries, and people looking to make a career change and take the leap into owning a business, funding should never stand in the way. 

After a pandemic that has caused a financial disruption across the board, many business owners are trying to find new ways to get the funding that they need to put their business plans into action. Especially if you are trying to jump into some of those businesses that require a little more funding to get started – restaurants, transportation companies, auto repair shops. For these bigger business plans, you could benefit from a Merchant Cash Advance that could provide up to $5 Million Dollars in funding for your business.

What Is a Merchant Cash Advance?

A merchant cash advance (MCA) provides a business cash upfront in exchange for a percentage of its future sales. It’s an alternative financing option for business owners to get funding without collateral or personal credit requirements. An MCA is also called a credit card processing loan because it’s commonly utilized by companies that accept payments through a business merchant account.

As the name suggests, MCA isn’t a loan but an advance based on a company’s creditworthiness, future sales, and past debit card and credit card sales. When you apply for an MCA, you and the lender agree on an advance amount, a payback amount, and a holdback percentage. The agreed-upon holdback percentage is withheld from your daily sales as payment and the holdback percentage will apply until your balance is paid in full.

The payback amount will depend on a factor rate set by the lender based on their risk assessment of your company’s creditworthiness. The factor rate is inclusive of fees and interest rates; you multiply the cash advance by the factor rate to get your total repayment amount. The higher the rate, the higher you pay.

Repaying an MCA back depends on your daily revenue. Thus, with more sales, you can pay back the advance faster. You’re not obligated to pay more if you’re experiencing low sales but it does prolong the repayment period.

What Types of Businesses Use Merchant Financing?

Merchant financing is best for businesses looking to fund a profitable opportunity to generate revenue, like the bulk purchase of quick-turnaround inventory. An MCA is also a great financing option for companies that are borrowing to expand their operating capacity through the acquisition of machinery or to bring in extra help during peak season. Businesses that utilize merchant financing include:

  • Retailers, distributors, and suppliers
  • Transportation companies
  • Service-based businesses, like hair and nail salons
  • Bars and restaurants
  • Specialty trades
  • Auto repair shops

An MCA is a great option for businesses that process a high volume of credit card transactions. Before taking on any business financing, make sure you understand the costs associated with your loan. In addition, ensure you have enough cash flow to make payments, especially since an MCA needs to be paid back daily.

Thinking of Starting a New Business?

Now is the time! With our society ready to get back in action (safely), new business concepts are quickly emerging with creative flows for serving the public without the high risk of spreading the virus. Put your innovative business concepts into play, and connect with us to get the funding you need to start your newest venture!

Financial restraints have been a complaint for many of the dreamers, limiting themselves to their immediate funds. There is an alternative. If you have the dreams and decent credit, Small Business Loans and No Doc Loans are available to you. Our goal is to provide you with the knowledge you need and the resources available to make your dream a reality. Give us a call – we have the education and the perspective to help you obtain the loans you need for your small business. Visit our website or give us a call to find out what financial backing is available to make your business soar!

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584