More and more small business today is turning from the traditional lending they are accustomed to because their banks are just not accommodating them. The relationships they ones had are no longer there. The banks are making it extremely difficult to secure the working capital they need when they need it. The banks are making the small business owner jump through hoops like never before only to deny them for the cash they need.
In small business, opportunities arise for the small business owner to make significant amounts of money all the time. They just need to recognize them when they arise and also have access to the working capital to take advantage of these opportunities. Operating capital is the life blood of business and business can’t operate effectively without it.
When these opportunities come up the business owner that has the ability and the finances in place to grab these opportunities have a leg up on the competition. Here is a sample of what I’m talking about. When a restaurant owner is tipped off to a deal to buy a complete wine cellar that a competitor is trying to liquidate because he is going out of business. The business owner that has access to the cash can quickly put a deal together for more than likely to secure the entire stock for pennies on the dollar and make a huge profit at the retail level.
Now this is just an example of how an opportunity can smack you in the face and believe me this type of thing happens every day. This is where the smart business owner can and will capitalize and take advantage with a business cash advance. This is a type of alternative funding source; it’s called a Business Cash Advance.
With a Business Cash Advance many businesses have the ability to acquire up to $750,000 dollars without having to expose the business owner the way traditional lenders want them to, like personal guarantees. With a business cash advance there are no personal guarantees and the business owner will receive their funds within a few days not multiple weeks or sometimes months. In business timing is everything the business owner needs to jump on an opportunity when it arises or miss out on the opportunity forever.
A Business Cash Advance is basically a factoring agreement and factoring an asset for now money. This practice has been around for many years in business. If used wisely this can be what puts the smart business owner over the top and can bring them to new levels in their marketplace.
Discount Merchant Funding and Anthony Vitrano have been helping small business reach new levels though innovative factoring arrangements since 2007. If you need Cash now go to Discount Merchant Funding
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MLA Style Citation:
Vitrano, Anthony "Alternative Finance Methods Today For Small Business." Alternative Finance Methods Today For Small Business. 23 Jun. 2010. uberarticles.com. 16 Mar 2015 <http://uberarticles.com/business/alternative-finance-methods-today-for-small-business/>.
APA Style Citation:
Vitrano, A (2010, June 23). Alternative Finance Methods Today For Small Business. Retrieved March 16, 2015, from http://uberarticles.com/business/alternative-finance-methods-today-for-small-business/
Chicago Style Citation:
Vitrano, Anthony "Alternative Finance Methods Today For Small Business" uberarticles.com. http://uberarticles.com/business/alternative-finance-methods-today-for-small-business/
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