But, but my salesperson told me…

Steve O'ConnorAlternative Financing, Business Working Capital, Capital Advance, Funding Options, Merchant Cash Advance, UncategorizedLeave a Comment

“You should have read your contract” are words that a business owner only hears once they realize that the service they paid for, the asset they purchased, or the financing they secured isn’t quite what they though it was.  It’s a sentence no one wants to hear, and in the case of capital advance providers like Wellen, a sentence no … Read More

National Cybersecurity Awareness Month: Is Your Business Secure?

Elizabeth DerivanCapital Advance, Fraud and Security, Info, Merchant Cash Advance, Small Business Trends, TechnologyLeave a Comment

How Can Small Business Owners Keep Their Finances More Secure October is National Cyber Security Awareness Month. Cyberattacks are expected to double by 2025, yet 60% of businesses have no cybersecurity policy in place. Cyber Security is a major concern for small businesses in particular, as they often have limited budgets and personnel. This leaves them more vulnerable to attacks. … Read More

Business Bank Statements: Why They Are Important For Capital Advance Approval

Elizabeth DerivanAlternative Financing, Business Operations, Business Plans, Business Working Capital, Capital Advance, Cashflow, Funding Options, Merchant Cash Advance, Restaurant Business, Small Business FinancingLeave a Comment

When you apply for a business capital advance, there are a few items you must provide in order to get approved. One of the most important is your business bank statements. This way, your capital advance company can better understand the viability of your business and how you manage your company’s finances. Viewing your revenue and expenses will also help … Read More

Getting An Advance With Bad Credit

Elizabeth DerivanAlternative Financing, Business Credit, Capital Advance, Funding Options, Merchant Cash Advance, Small Business Financing, Transportation Business, UncategorizedLeave a Comment

Can You Get a Capital Advance with Bad Credit?  It’s no secret that people with low credit scores have a difficult time securing financial assistance. Low credit scores mean that traditional financial institutions are reluctant to extend a loan – or if they do, it’s at a very high rate. For this reason, an alternative form of financing like a … Read More

Grants, Loans and Advances: Knowing the Difference and What is Right for You

Elizabeth DerivanAlternative Financing, Bank Loans, Capital Advance, Merchant Cash Advance, Small Business FinancingLeave a Comment

These days, there is a lot of financial help available for small businesses. As a business owner, you always want to have choices, but it can be confusing: how do you know which option is right for your business? Here is a simple breakdown of the financial help available and why a capital advance may be the best option for … Read More

Protecting Your Restaurant’s Network in the Age of Hackers

Steve O'ConnorBusiness Operations, Cashflow, Fraud and Security, Merchant Cash Advance, Restaurant1 Comment

With retail computer network breaches becoming increasingly common and garnering more media attention, restaurant owners have a responsibility to keep their customers’ personal and financial information private. Preventive strategies can help keep your customers’ information safe and your business running. Here’s some advice you can use to help keep your restaurant’s network secure.

Do you know who your small business funding company is?

Steve O'Connor2019 Trends, Alternative Financing, Business Operations, Capital Advance, Fraud and Security, Funding Options, Merchant Cash Advance, Small Business Financing, Small Business TrendsLeave a Comment

The market for providing capital solutions to small business is dynamic and crowded. For every new company eager to launch is a lender at the ready to provide financial back-up. And as a result of the rise in demand, funding companies and brokers are advertising and promoting their brands through every possible channel. They’re looking to drive customers to their … Read More

How to Apply for a Small Business Loan Alternative

Steve O'ConnorFunding Options, Info, Merchant Cash Advance, Small Business Financing, Uncategorized11 Comments

Sign with the text Apply Now with a stack of coins in the background.

When small businesses apply for traditional bank loans, they get turned down at record rates. Analysts claim that anywhere from 20 to 80 percent of small business applicants get rejected when looking for funding. To close the gap and access the funds they need, many small businesses are turning to alterative lenders. Thinking about applying for a loan from an … Read More