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Merchant Cash Advance Industry Provides an Alternative Solution for Small Businesses Who Need Working Capital Due to the Banking Industries Stringent Lending Policies

The Federal Reserve Bank of New York survey of small business owners finds that banks still have not loosened their credit criteria. The merchant cash advance industry continues to provide access to working capital for small business owners.


According to an annual poll conducted by Federal Reserve Bank of New York, banks are continuing to be reluctant to lend money to small business owners. The bankís annual poll of small business owners found 7 out of 10 small businesses that sought small business loans got denied or got less than needed from banks. The tight lending environment has left the door open for merchant cash advance companies.

The firms surveyed business owners who wanted business loans of less than $100,000. The typical business in this survey had less than $250,000 in revenue and employed 5 workers. These small businesses are the life blood of the new economy.

These types of loans are more difficult to obtain because small businesses donít have the collateral or the credit rating required by banks. It is important for a small business to know that there are alternatives to traditional bank financing that can help with a small businesses working capital needs.

The Merchant Cash Advance Industry provides an alternative solution for small businesses who are struggling to borrow money from the banks. Merchant Money Inc is a company that has been helping with small businessís working capital needs since 2004. A merchant is advanced up to 85% of the Visa and MasterCard processing volume. The advance is repaid by deducting a % of the future credit card transactions.† One of the advantages of using a merchant cash advance is collateral is not required.

Merchant cash advances†are designed for owners who have less than perfect credit with immediate short term need for working capital in their business. Visit to learn if a business cash advance is good fit for your business.

Until banks learn how to service the working capital needs of small business owners, small business growth in American will not reach its true potential. The access to capital is the life blood of a small business. The small business owners will continue to struggle every day just to keep their heads above water without access to adequate working capital.

The Merchant Cash Advance industry will continue to be an alternative for small businesses because banks continue to keep a stranglehold on the availability of working capital for small businesses.


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