Closing Fiscal Gaps for 2014

For most retail businesses Christmas is the end of a long stretch of the hardest working period of the year. If everything went right this holiday season you likely had the busiest period of your whole year. Moving piles of product is a much needed shot in the arm for a variety of companies that might have been suffering sales lulls for the fiscal year of 2013.

If you own a struggling business that one busy season alone is unlikely to alter the dire circumstances of a disappointing year. Closing budget gaps, paying overdue bills, and finding room for growth for your business is going to take finding a a plan and a funding source that works for your needs.

Infinity Capital Funding is here to help you hatch the next phase for your business. Perhaps scaling back on a brick and mortar store and moving to the Web is just what your business needs. Maybe an expansion into new service areas can turn things around. No matter what the solution we are here to provide short term loans that make sense for even a cash strapped business.

Resilience makes businesses stay stronger longer. We are here to help your business build back up right now.

3 New Year’s Resolutions for Business Owners In 2014

We all want more success in 2014. In life and in business we want to make positive changes to assure that our lives are more fulfilling. We want our businesses to generate more profit and grow in meaningful and sustainable ways.

Advancing a business means investing small business funding in smart ways, but it also means resolving ourselves to improve the way we work and how we engage with running our businesses. Here are some great New Year’s Resolutions for managers to consider as 2013 draws to a close:

  • Delegate Better and Delegate More: Managers can have trouble giving up control. Employees account for a lot of funding for small businesses and their effectiveness should be maximized. This means you have to give your staff more opportunity to work in increasingly meaningful ways.
  • Make Promotion a Priority: Make a plan for promoting your business. Invest a short term loan in Web marketing, attend business networking events, and make a plan for what this year’s marketing message will be.
  • Update and Upgrade Equipment: Your business is only as good as its resources. Do not make do with a rickety old register, get a new one. If shelves are not ideal fix them. Your business deserves this kind of attention and investment.

Merchant Cash Advances vs. Small Business Loans

merchant cash advances 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!

Upgrading Your Inventory In Time For The Holiday Season

small business loans for the holidays 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.

Are You Platinum Eligible?

working capital loans for thriving businesses 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: 

  1. A clean bank statement with consistent cash flow
  2. In business for at least three years
  3. Very good personal credit

Terms and Conditions: 

  1. Advances up to 175% of monthly credit card sales
  2. Advances with 12 month terms
  3. 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.

Competitive Pricing Can Hurt Small Business

For many young businesses hungry for customers and competing in crowded markets, the first impulse is to lower costs to compete with bigger brands. Beating your largest competitors on price is a great way to gain customers, but if you obtain customers at price points that are unsustainable, they will not be with you and your company for the long haul. Your prices will have to increase, potentially driving away all of those customers you brought in. And if you do not increase prices, you might just find your business losing money with every new customer.

Finding funding for small business can be difficult. Believe it or not generating income is the best way to fund your business. Even as a sensible merchant cash advance allows you to bridge the gaps in your budgets, you need to have a winning business with profits to stay afloat. This is why keeping prices low to acquire customers is not as important as finding a price point and business model that is manageable and can help you find a sustainable customer base.

Test your pricing to ensure that you start from a place where profit is possible. It is the safest way to keep up small business funding for the long haul.

Business Funding To Weather the Government Shutdown

Hopefully you have not started to feel the pinch of the government shutdown at your small business. Luckily, as a small business owner you make your own money and can survive without government assistance that is so important to so many others. Of course, if your business is patronized by government workers or people who subsist on government assistance, things might have already started to look dire.

No matter who or what you blame for the government shutdown, it is sure to affect businesses if it keeps going for a several months. To help navigate these lean weeks (months?), you might need a merchant cash advance. Our small business funding plans can help keep the cash in your company consistent during a period of downturn. With some smart budgeting and an infusion of cash from a lending service that is not taking advantage of panic, you can survive the shutdown.

If the pinch of the government shutdown is threatening the health of your business, look into our many methods of providing funding for small business. We can help you stay on your feet and continue to do the good work you love, even as the government refuses to do its work.

Getting the Word Out About Fall Promotions

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.

Business Funding for Employee-Incentive Programs

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!

Knowing Your Relationship with Business Funding

Developing good money management skills is something that takes time. For many of us there is a difficulty in making our personality match up with the necessity of properly managing our money. This could be the result of deep-seeded behavior that derives from our earliest years. It is important to understand your own relationship with money before you can properly manage funding for small business.

Anyone who has experienced the company of both the very successful and the very unsuccessful can see patterns in both that are eye-opening. For those who have made it to the promised land of owning and operating successful businesses, there is often an edge of thriftiness that can seem cheap. In essence, they act poor, pinching pennies to assure their continued success. By contrast, far too many of the least successful people you will encounter in life spend frivolously. By not considering the consequences of their spending, they are held back from saving their way to success. If you are the latter, you should learn from your mistakes before managing small business funding.

Learning how you handle money will take rigorous accounting and some outside observance from unbiased colleagues. Your business funding will benefit greatly from this exploration.