Business Funding Options for Your Business
Starting and running a business can prove to be rather costly. Even if you put together a detailed business plan, you can face several challenges that can be overcome only through business funding.
It’s interesting to note that 29% of startups run out of cash before being able to get fully established. Over 50% of small businesses fail in the 1st four years. 82% of businesses that fail do so because of cash flow problems.
What merchant loans for a startup can you choose for your business?
- Merchant Cash Advance
A merchant cash advance (MCA) has turned into a highly popular type of business funding that many business owners choose over traditional business loans. An MCA differs from a loan in that it’s just a purchase: an individual or company purchases a future amount of the business and starts paying back the money borrowed.
Merchant cash advances are a … Read the rest >>>
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