Have you started thinking about 2014? Any good business owner started planning for the new year months ago! Whether you’re planning on starting a small business or are looking to make 2014 the best year your business has seen yet, NOW is the time to start putting the gears in motion.
When it comes to running a successful business, the bottom line is always dollar signs. If you can’t afford to staff your business, buy new equipment, replace broken inventory and properly market your business, you will be run over by the next guy who can. It’s that simple.
Financial hardships are to be expected in the early years of a business and should not deter you from chasing your dream. A small business loan or merchant cash advance is a hassle free way to secure the funding you need without getting sucked into outlandish interest rates and decade-long commitments. Small business loans from independent lenders like Infinity Capital Funding provide up front cash to float you while you increase your revenue and pay back the loan in small increments. Merchant cash advance lenders look at you and your business as a whole. You are more than your credit score. Lenders will take revenue, business size and the amount of time you’ve been in business into consideration when granting your loan. This means you can stop letting bad credit slow your dreams down.
Call today to learn how a loan can help catapult you into 2014.
You’ve taken the first step and have recognized that you need a cash infusion. After doing extensive research and talking to friends and family, you’ve decided to come to Infinity Capital Online to solve your cash flow needs. Now the choice is between a merchant cash advance and a small business loan.
What is the difference? Which is better for your business? Which will allow you to get the most help with the most agreeable terms? Let’s review both in detail.
Merchant Cash Advance Programs:
- Works for all business with credit card capabilities. The advanced cash is paid back through a holdback percentage of future credit care sales.
- Advances can be for up to 125% of monthly credit card sales and come with 6-10 month terms.
- Businesses must have been in business for a minimum of nine months, process over $4,000 per month in credit card sales, and have a minimum of ten card transactions a month.
Small Business Loan Programs:
- Works for businesses with little or no month credit card transactions.
- Microloan programs are easier to qualify for than bank loans and are not based on prior credit.
- Qualification is determined through current cash flow and health of your business.
- Application process takes a maximum of two days and most businesses can have their loans within the week.
- Loans are repaid through holdback percentages of credit card sales and a weekly ACH payment.
Look into your business’s health and future and then decide which works best for you and call us to get started!
For many small businesses, the holiday season is the time when the most money is made. Some industries earn the majority of their annual income during these few short months. Demand increases almost ten-fold during November and December especially. The question is whether you have the funds to increase your product inventory to match this demand.
For struggling small businesses, these months can mean the difference between being around in a year and closing shop. Don’t let a lack of inventory prevent your business from reaping the benefits of the holiday merriment. If you’re struggling with cash flow and cannot afford to double your inventory a business cash advance is an easy and practical solution. The advance will provide the funds you need to make the money that will carry you through to the next quarter.
A short term loan gives your business the cash it needs now without locking you into a never ending lending agreement. The strategy is to float your inventory until the revenue you make this holiday season allows you to stand on your own two feet next year. Infinity Capital Funding is safe, reliable, and friendly. Our customer service representatives will walk you through your inventory and suggest how much money you’ll need to borrow. Our repayment terms are easy to understand and minimally arduous to meet.
Call our customer service representatives to learn more.
Small business merchant cash advances aren’t just for new businesses. Sure, most of our loans go to the little guys who are trying to get above water and need capital to do so. But Infinity Capital Online understands that even high volume companies can find themselves in need of a cash infusion. Therefore, we have created program just for you! Infinity Capital Funding’s Platinum Program was created to provide thriving and established businesses with the working capital loans we all need when times get rough. The Platinum Program offers a quick and easy infusion of cash for businesses who can prove a high volume of business transactions. The terms and conditions are less stringent than our other programs and are designed to make borrowing hassle free. Read on to learn if you qualify and call us for a quote. Requirements:
- A clean bank statement with consistent cash flow
- In business for at least three years
- Very good personal credit
Terms and Conditions:
- Advances up to 175% of monthly credit card sales
- Advances with 12 month terms
- Low factor rates
Infinity Capital Funding’s Platinum Program is designed to reward you for your excellence with the boost your cash flow might need. Call us today to speak to representative about whether these are the terms that work best for your business.
When you consider starting a business, you are going to run into a wide array of naysayers. Some folks will tell you about the risks that you are making in general, while others will tell you about how crowded the market is in your chosen industry. Luckily, you do not have to listen to negative voices with little to no expertise.
Funding for small business is not lent out based on how innovative an idea is. Instead, it is about making a clear business plan with some common sense benchmarks and realistic budgets. Once you have developed a sound business concept and plan, it becomes your job to make your experience superior in some way to competitors. There may be other businesses doing what you do broadly, but it is your job to find the areas where those businesses need improvement.
With a merchant cash advance, you can develop a business strategy that takes on competitors in local markets. In just a few months you can define the experience customers can expect from your establishment and make huge strides towards any and all competitors. All you need is a real strategy and enough small business funding to make an impact.
As a small business, you might sometimes feel stifled by the options available to you. This can come in the form of location, products that you offer, or in the people you hire. For small businesses there is often an impulse to hire friends and family. The results of this decision, often made in haste, is unqualified or under-motivated employees who lack accountability.
When hiring employees for your business, you should be attempting to attract the best talent in your field. As a result, this is an area where cost cutting should be avoided. Instead, get an infusion of small business funding to assure that your employees are the best you can get. The results will be a better business that you can maintain control over in a real way. It is hard to be a friend first and boss second. It is much easier to be a boss first and become friendly by building trust over time.
Funding for small business can be divided in a number of different ways. To put emphasis on hiring high-quality workers is a smart move which will guarantee that, if nothing else, your business will offer reliable and valuable services. This above all else will put you on track for success.
The warmer months of the year can be a great time to be in the restaurant business. Through the spring and fall you can leave windows and doors open or capitalize on your fantastic outdoor eating area. These can be great booms to your business and shore up what is often a substantial dip in the winter.
However, you might still need an infusion of small business funding to keep your restaurant operating in the winter. This is because those big open windows and outdoor eating areas that make your eatery ideal in warm months can be poisonous to your bottom line in the winter. The trick? Winterizing your restaurant!
Sealing up windows and doors, cleaning out heating ducts, finding energy-efficient radiators, and other tricks for making your restaurant warm in the winter do not have to be expensive, but they will cost something. With a merchant cash advance from Infinity Capital Funding you can get the money you need to get the job done and pay for it throughout the season.
Assuring you have the funding for business to keep running through the winter is vitally important. The restaurant business can be fickle, the best way to combat that is to keep things consistent.
Fall is here, and no matter what kind of business you run, seasonal shifts offer new opportunities for promotions. If your business is uniquely seasonal, you might be looking to ramp up business in advance of winter or simply close out the warm months with a strong finish. Offering deep discounts can help drive business up no matter which side of this divide you land on.
For businesses with more year-round relevance, the fall offers a lot of opportunities, from back-to-school sales to capitalizing on the dropping temperatures. For businesses ranging from clothing all the way to serious electronics, back-to-school sales offer a great chance to generate some foot traffic and big sales. Getting the word out about these promotions might cost you some small business funding, but the money will be well worth it when sales are doubling or tripling.
With a merchant cash advance you can do an ad buy in the local paper or on local cable service to assure people know about the big fall savings at your store or shop. Getting the word out about promotions is what makes them worth your while. It is a great use of funding for small business.
When looking for funding for small business, our impulses are often to focus on new things. Perhaps you want to add a new service or product to your store. Maybe you would like to bring in new employees to establish a better sales force or to serve more customers efficiently. These are all smart uses of business funding, and we encourage them all. That being said, there are also ways to invest in things you already have.
Employee-incentive programs have been known to have excellent results for businesses’ bottom lines. Each incentive has the potential to make your company more profitable while building up loyalty among the ranks that you have already brought onto the team. While hiring fresh talent can be a useful way to inject some fuel into your business, maximizing the talent already at hand costs less and might net more long-term innovation.
Small business funding can be used for a wide array of employee-incentive programs. You can offer prizes for big sales. iPads have been known to bring the best out of employees. You might also consider cash rewards for innovative initiatives.
Whatever you choose to do to motivate your staff, Infinity Capital Funding is here to give you the resources to do it!
Major chain stores can seem monolithic and consistent to a fault. In truth, the scope and size of the largest retail chains allow them to experiment a lot without tampering too much with customer expectations. They can incorporate new products in a “test market” without investing too much money in something that does not have an appeal to consumers.
For smaller retail stores, where funding for business is much lower, adjusting strategies and incorporating new products and services can be more difficult. Investing in a product or service can take a small store off course and suck up more than its value in small business funding.
Here are a few ways to consider whether a new product or service is worthwhile to your business:
- Have You Maxed Out Profit Potential from Current Products? If there is more money to be made out of your current products and services, you should establish avenues to get it before taking on new products.
- Can You Add Something New Without Losing Focus? Pulling focus from your established business model can ruin it and put too much focus on something new.
- Has This Product Worked Elsewhere? We all want to innovate, but knowing a product or service (or something similar) has already worked in similar markets is a safe way to invest your funding for business.