If you are a type of person looking for financing your small business, there are certain things you can consider bringing together such as offering your family to take part in your business ventures which can be without any risk. A merchant cash advance is also an excellent option. If you are a business minded… [Continue Reading]
http://www.merchantcashadvances.org/ Provides Merchant Cash Advance Program
June 12, 2011 By Leave a Comment
Http://www.merchantcashadvances.org provides restaurants, retail stores, auto-repair shops and lots of other businesses with a merchant cash advance program that offers the most competitive rates and variety of funding options. There is a reason why we rank the highest organically in Google for the keyword “merchant cash advance”, and it is because we are the most… [Continue Reading]
Merchant Cash Advance Tips
May 5, 2010 By 1 Comment
Here are a few tips to consider when entering a merchant cash advance agreement: 1. Read the contract – Always, and I repeat, always fully read the entire contract including the fine print. As business owners, you are very busy, but do not sign anything until you have read the contracts and fully understand everything… [Continue Reading]
Los Angeles Pressures Banks
March 17, 2010 By 1 Comment
Los Angeles city council is pressuring their banks to help stop the unemployment and foreclosure crisis by offering competitive interest rates and lower fees on investments. They are also looking for banks to invest and reinvest inside the community. For those banks that do not comply, the city council is threatening to deny them access… [Continue Reading]
Obama extends $1.8 Billion in SBA Small Business Loans
March 7, 2010 By Leave a Comment
The Obama administration extended an additional $1.8 billion in SBA backed small business loans. The initial program was for $750 million and helped stimulate small businesses by guaranteeing 90% of the funding and by waiving application fees. The stimulus was depleted by November 23rd. In December the government extended another $125 million which lasted until… [Continue Reading]
TARP Money for Small Business Loans
January 28, 2010 By
U.S. Senator Benjamin L. Cardin proposed a bill that would provide direct loans to small businesses. The bill proposes to use $20 billion in TARP money on small businesses. TARP program was initiated by the Obama administration and is largely accredited with saving large US banks from bankruptcy. The bill would also create a tax… [Continue Reading]
Mr. Obama Bashes Wall Street – Promises Tax Breaks and Cash Infusion for Small Businesses
January 28, 2010 By
Mr. Obama Bashes Wall Street – Promises Tax Breaks and Cash Infusion for Small Businesses In his State of the Union Address, President Obama on Wednesday night promised an infusion of $30 billion to small businesses to help them gain access to loans. The money will come from the $700 billion in payback from the… [Continue Reading]
$14 Million Annual Gross – Busboys Poets Denied Loan
December 15, 2009 By
Andy Shallal owns three popular bookstore cafes in the Washington Dc and Virginia areas. His annual gross sales are over $14 million, and yet he was denied a recent bank loan unless he tied the loan to his house as collateral. Taxpayers and small businesses owners are frustrated as billions of dollars were pumped into… [Continue Reading]
Small Business Owner Declined Bank Loan
December 15, 2009 By
Yet another example of a small business owner who was declined by her local bank this December, Hope Gillerman was denied a $100,000 bank loan from Park Avenue Bank. Ms. Gillerman owns a small business which sells aroma therapies in Union Square New York City. Her company has yet to show a profit, but she… [Continue Reading]
Bank of America to Pump $5 billion into Small Businesses
December 15, 2009 By
After a meeting this weekend with President Obama, CEO Ken Lewis of Bank of America Corp pledged that the nation’s largest bank would do more for small businesses and reverse some of its declines. All in all Bank of America will expect to increase its lending by $5 billion to small businesses this upcoming year.… [Continue Reading]