Good Business Investments For A Merchant Cash Advance.

Steve O'ConnorBusiness Operations, Capital Advance, Cashflow, Funding Options, Merchant Cash AdvanceLeave a Comment

A merchant cash advance is an excellent alternative funding source to add to your current mix of loans, lines of credits, credit cards and personal financing. Businesses like them because of the simplicity in securing capital. Capital advance providers typically don’t ask for a business plan, and they usually do not require collateral. Your credit score does not have to … Read More

Sorry, But Your Business Doesn’t Qualify For A Merchant Cash Advance

Steve O'ConnorBusiness Operations, Capital Advance, Cashflow, Funding Options, Merchant Cash AdvanceLeave a Comment

Merchant cash advances have been gaining in popularity as an alternative lending source to small business as credit remains tight. Big players like Amazon and American Express are getting into the business.  Many businesses that have used a merchant advance in the past use the product over and over to even out cash flow. But some businesses have nothing good to … Read More

The Daily Deal – Friend Or Foe Of The Small Business?

Steve O'ConnorCashflow, Funding Options, Marketing, Small Business Marketing, Small Business TrendsLeave a Comment

Groupon. LivingSocial. Gilt Groupe. There are few advertising options that garner as much praise and poison at the daily deal provider. They’re heralded as traffic generators in one breath, and small business destroyers in the next. What is their attraction? The most obvious benefit to the daily deal is traffic generation. Overall, almost 80 percent of daily deal traffic comes … Read More

Four Strategies To Improve Incoming Cash Flow.

Steve O'ConnorBusiness Working Capital, Cashflow, Funding Options, Merchant Cash AdvanceLeave a Comment

Cash. It’s the blood in your business’ veins. It’s what keeps your company going. You need to take in some money, and you need to put out some money in order to run a successful business. Now there are a lot of complicated explanations of cash flow management, but we’re going to simplify it for you: You need to take … Read More

What Good Is Money After Superstorm Sandy?

Steve O'ConnorCapital Advance, Disaster Relief, Funding OptionsLeave a Comment

A special note from the Vice President of Wellen Capital, Steven O’Connor. The biggest challenge caused by Superstorm Sandy on the east coast is a lack of access. You can’t travel damaged streets. You can’t withdraw funds from non-functioning ATMs. You can’t get electricity due to downed power lines. Can money help this isolation? Money for your business doesn’t help … Read More

Are Merchant Cash Advances Your “Last Resort” Funding? We think not.

Steve O'ConnorCapital Advance, Funding Options, Merchant Cash AdvanceLeave a Comment

In the recent past, the words “merchant cash advance” conjured up images of desperate business owners, shifty salesmen and expensive money. Many see a business advance as a “last resort” funding option after all others, business loans, lines-of-credit, credit cards, borrowing from friends and family, have been exhausted. But the truth is that the merchant cash advance industry is a … Read More