One of the biggest problems faced by small business owners nowadays is where to find the business loan they need to grow and expand. As in today’s unstable economy banks are very cautious about whom they give business loans to, it’s hardly possible to get a business loan, especially if you have bad credit. Have you failed to apply for a bank business loan? Consider getting a fast business cash advance from CapVance. We are a reputable Florida based commercial funding company offering many merchant funding and unsecured business loan programs for small businesses. Typically, you will need to have a high credit score, very good credit history and a stable financial position to get a traditional bank business loan. Whether you don’t have any personal guarantees or aren’t sure that a small business loan is a product you can use, our business cash advance funding can be the best alternative you are looking for. We’re here to provide your business with a fast business cash advance up to $500,000 with the lowest factor rates starting at 1.16 or $1,600 per $10,000 funded. As a reputable funding company having over 25 years of commercial lending experience, we understand that it is your business and put no restrictions on how you spend your money. Whether you need to purchase new equipment, consolidate debts, resolve tax issues, advertise or market, our flexible merchant funding options will allow you to meet any business requirements. While applying for a traditional bank business loan can be a time-consuming and stressful process, our simple online funding application takes only a few minutes to complete. We know that sometimes you don’t have an opportunity to wait for necessary financial relief and guarantee fast business cash advance funding within 5 business days of receiving all completed documents.

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Do you need a fast small business loan but don’t have physical assets to offer as collateral to secure a bank loan? Actually, with nothing to secure a loan, bank often requires a long and perfect credit history that makes it almost impossible for small business owners to get needed cash advances. Here, at CapVance, we are committed to offer flexible small business loan programs allowing you to obtain the working capital needed fast and easily.

Unlike the large companies that have equity in assets, small businesses with little assets and no property are highly interested in finding fast and unsecured small business loan options. We are ready to provide fast small business loans, completely unsecured up to $3,000,000! Be assured, our flexible small business loan program is one of the best opportunities to meet your financial needs whether you need cash for expanding, improving or marketing your business.

While receiving a traditional bank loan involves many hassles for a small business owner associated with burdensome paperwork and a lengthy approval process, our small business loan program is extremely easy to apply. Fast small business loan from CapVance have less stringent requirements, much faster approval process and no closing fees. If your business suffers from a poor credit or limited financial history, you can consider our short-term business cash advances as an ideal alternative to unsecured small business loan.

We know how hard it can be to find fast small business loan to fit your business financial needs perfectly. That’s why our small business loan application is simple and can be done online from the comfort of your home or office – just fill out a brief request form and we will approve and provide you with a fast small business loan within 5 business days of receiving all completed documents.

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The Business Cash Advance Product has been around as a viable merchant funding alternative for many years. Many people looking for money to help there business grow are not sure if A small business cash advance is a product they can use. A Business Cash Advance, also known as a Merchant Cash Advance is specifically targeted to retail, restaurant and service industry merchants who currently accept minimally $5000 in Master Card and Visa sales from their customers every month.A Business Cash Advance is: Not A Small Business loan, or a personal loan of any kind Not Start up capital program to start a business Not for merchant who does not accept Master Card and Visa. See products and services for merchant processinng set up.  Not a small business grant or a Government Grant Program Now let’s review What A Business Cash Advance is A Business Cash Advance or merchant cash advance is a financial services product that provides cash to merchants in exchange for a small portion of thier future master Card and Visa sales revenue. In short, we buy future Master Card and Visa credit card sales and provide cash to merchants that they can use immediately. For access to the money we provide merchants agree to pay back a fixed amount above the amount we advance to them. To qualify for business cash advance factoring a merchant must:

Be a Retail, Restaurant or Service industry merchant Already accept $5,000 a month in Master Card and Visa credit cards from their customers Be in business for at least 1 year and have accepted credit cards for at least 5 months Have no open Bankruptcies or Judgments, have minimum 1 year left on business lease

Turn your future credit card sales into cash that you can use nowCash flow is always important to small to medium size businesses. What our unsecured business loans merchant cash advance program does is give Merchants who accept Master Card and Visa access to cash that they can use now!  We look at passed Visa and Master Card sales history as an indication of A merchants future success and then we work hard to help the merchant by making it easy to get the cash they need.    The Difference Between A Business Cash Advance and A Bank Loan Did you know that most banks require a huge investment of time to even be considered for unsecured business loans. Over 60% -70% of those who apply are declined for a small unsecured business loans. 90% – 95% Merchants who apply are approved for a business cash advance.

The differences between A Business Cash Advance “also known as” credit card factoring program and a bank loan is that: Getting approved is easier than getting approved for a small business loan Two day approval versus 3 months before a bank decision is made No restrictions on the money vs. banks require that you detail use of money  Average pay back takes only 6 months, banks loans take 3 to 5 years to repay Many merchants use the money in the following ways: Increase inventory Business expansion Working capital Advertising Debt Consolidation

We have great options for you to choose from. We will give you a FREE consultation, There is no commitment during our consultation. We welcome you to ask all the questions you have. In fact, once you fill out our application you will receive from the business development manager that contacts you a phamplet called “The Secret Revealed” A no non-sense guide to all the questions you should ask any unsecured business loans cash advance company before you purchase a business cash advance.Once you are ready to get your Business cash advance we will ask you for a little information and you will be on your way to getting your Merchant Cash Advance

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The information on these pages is meant as a general guide to seeking federal funding to aid in disaster response and recovery. The steps outlined here are based on current Federal policies, some of which are under review. Heritage Preservation has tried to ensure the accuracy of the information provided. However, Heritage Preservation assumes no liability for any loss or damage caused by errors or omissions in this publication. Please read carefully the policies and regulations cited.

Application Process

1. Has a Presidential declaration been issued?

Federal disaster assistance is available only if the President declares a federal emergency or major disaster. To find out if a declaration has been issued, check www.fema.gov/news/disasters.fema  or call your state or local emergency management agency (see the blue pages in your phone book or www.fema.gov/about/contact/statedr.shtm).

In some circumstances, Small Business Administration (SBA) loans may be available without a presidential declaration; click here to check for SBA disaster declarations.

2. Who is eligible to apply for assistance?

Libraries, museums, archives, zoos, and all other collecting institutions open to the general public may apply for Federal Emergency Management Agency (FEMA) assistance if they are:

1. an eligible private nonprofit* OR part of a state, local, or tribal government
2. open to the public.

* Carefully review the appropriate FEMA policies: (1) 9521.3 Private Nonprofit Facility Eligibility, which states that museums, zoos, libraries, and arts organizations may be eligible, and (2) 9521.2 Private Nonprofit Museum Eligibility, which states: “private nonprofit museums are confined facilities which are constructed or manufactured whose primary purposes are to: preserve a documented collection of artistic, historic, scientific or other objects, and exhibit the documented collection to the general public.”

3. Where should we apply for assistance?

Nonprofit libraries, museums, zoos, arts organizations, and all other collecting institutions open to the general public:

• For emergency protective measures and debris removal, apply directly to FEMA Public Assistance.
• For permanent repairs and/or collections stabilization, apply for a loan from the Small Business Administration. If the SBA declines the loan application or the damages exceed the amount of the loan, the organization may then apply to FEMA for further assistance.

State, local, or tribal government libraries, museums, archives, and all other collecting institutions open to the general public may apply to FEMA as part of their state, local, or tribal government’s application to FEMA for debris removal, permanent repairs and/or collections stabilization. (In some cases, a state may designate more than one of its agencies as being appropriate to make application to FEMA.)

Applications to FEMA or SBA: As long as an application is made to one of these programs by the stated deadline, the applicant will be assured of acceptance into and eligibility for either program.

4. What financial support is available?

SBA Support: The SBA can provide low-interest Physical Disaster Loans of up to $1.5 million to repair or replace damaged real estate, equipment, inventory, and fixtures. The loan may be increased by as much as 20 percent to protect the property against future disasters of the same type. These loans cover uninsured or under-insured losses.

FEMA Support: All FEMA assistance is on a reimbursement basis for documented expenses—in other words, you have to pay for services and supplies and then submit receipts to be reimbursed by an agency of your state.

The minimum federal cost share is 75 percent of the eligible cost; however, the percentage may be changed for a particular disaster. If your facility meets the eligibility criteria and deadlines for applying for assistance, FEMA may offer reimbursement for:

• costs incurred for debris removal (FEMA Category A)
• costs incurred for emergency protective measures, collections stabilization and treatment (FEMA Category B)
• costs incurred for permanent work (repair, restore or replace damaged facility) (FEMA Category E).

Collections: The FEMA Collections and Individual Objects Policy DAP 9524.6 states that funding may be available for damaged collections and objects of eligible public or private nonprofit facilities when the collections are:

• on display or in storage in a public or private nonprofit facility, including outdoor sculpture and public art installations, and
• accessioned and catalogued and/or inventoried.

This includes collections in state, local, or tribal government libraries, museums, archives, arts organizations, and all other collecting institutions that meet FEMA’s eligibility criteria.

Replaceable Library Books and Publications: FEMA will fund treatment of “special library collections” but not replacement of rare books and other fragile materials. General library books and publications are subject to the provisions of 44 CFR §206.226(i).

Animals: FEMA Replacement of Animals Associated with Eligible Facilities DAP9524.9 states that funding may be available for replacement of destroyed or damaged animals owned by an eligible applicant. These animals may include, but are not limited to:

1. Police animals and trained and certified rescue dogs.
2. Animals in museums, zoos, or publicly owned nature centers.
3. Taxidermy specimens located in an eligible facility.
4. Animals used by rehabilitation facilities as part of diagnosis or treatment.

IMPORTANT: If you qualify for FEMA support, funds will be disbursed by the state emergency management agency. You will not receive a check directly from FEMA.

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Borrowing From Banks

A traditional bank business loan is difficult to obtain for a start-up restaurant, but it is a good place to start. Banks are less likely to grant a start-up business loan for a restaurant because the track record for success in the food service industry is poor. The statistics state that 75 to 80 percent of start-up restaurants fail within their first year. As a result, banks are hesitant to offer restaurant loans.

Despite their being reluctance to offer credit, don’t rule out banks since their application process will prepare you for other funding sources. The bank loan officer can serve as your first point of contact for critique and objective view about your business plan.

It can be easier to get business loans for restaurants from banks if you are financing the expansion of an existing restaurant or purchase of a new or existing franchise. With a history of success, the bank’s risk is reduced. But you will still need the experience, credit and plan to apply.

The Small Business Administration

The federal government’s Small Business Administration makes dollars available for lending through thousands of commercial banks nationwide. A significant percentage of each loan is guaranteed by the government, which means the bank’s risk is reduced. However, just as with commercial banks, the SBA has an extensive application and vetting process for business loans for restaurant loans. In fact, the documentation required tends to be more expansive than would be required with a traditional, non-government-backed loan bank loan. Business Cash Advance

The upside of a SBA loan includes market interest rates and slightly less stringent loan terms.  SBA loans offer a longer payback period, which can mean lower payments. On the downside, you  must have been declined for a traditional restaurant loan in order to apply for an SBA loan and you must be borrowing for an operating business, not a start-up company.

Non-Traditional Lenders

Purchasing a franchise operation or obtaining a license to build one can be an easier way to get business loans for restaurants. Franchise operations will have lending programs to get you into the business. As with all business loans for restaurants, you will have to demonstrate good credit. However, a lack of experience might not hold you back with non-traditional lenders. Good franchise operations train their new owners and managers.  The biggest drawback of restaurant business loans is the franchise fee.  The fee must be paid in cash in order to pursue construction or start-up financing.

Owner or Individual Financing

Many business loans for restaurants come from the existing owner of an enterprise selling out to new owners or financing additional locations.  Typically, this method of financing means less paperwork, competitive rates and less credit requirements. The business owner knows you and believes you can run the business successfully. Many “handshake” deals can go wrong when the details are vague. Be certain you and the lender agree and understand all important terms. Business cash advance

Borrowing from an individual, such as a friend or family member, is another common lending source.  Many times, even these lenders will want to see a business plan and to be convinced of your ability to successfully run a restaurant.

Factoring Lenders

Finally, another non-traditional source of business loans for restaurants are factoring or accounts receivable lenders. These sometimes are called “business cash advance“  or “merchant cash advance” lenders. If you have a business that is generating good cash flow and need money for expansion or capital equipment, a factoring lender will advance you cash against your uncollected receipts. Typically these will be uncollected credit card sales, also called discounting. You sell your uncollected receipts for a little less than their actual value. The factoring company then has the risk of collecting them and earns the difference between the total value of the credit card receivables and the lesser amount they paid you.

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You don’t want your loyal customers to know of the financial difficulties that plague your business, so you wear a mask, like the children who will soon be eagerly walking from house to house, anticipating what types of candies will fall into their bags next. However, unlike these children, you don’t take your mask off at the end of the night. It stays on until you’re finally able to secure the business cash you need, or, your business outgrows itself and begins to fall apart right before your eyes – and at the rate you’ve been going, you’re thinking it might be the latter.

But there is another option, a business loan method that can save your restaurant from the doom you once thought was inevitable – the restaurant loan.

A restaurant loan is a merchant cash advance for restaurant owners. It allows restaurant owners to use their daily credit card sales as a means of securing up to $500,000 in business funds. Providers will review your business’s current monthly credit card sales and based on those numbers, they can advance you cash against your business’s future credit card sales.

You can use these funds to expand your restaurant in order to keep up with a growing clientele and to reach out to additional customers. In fact, there are no restrictions on how restaurant loans can be used, so you can use the cash however you choose.

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There is very little collateral or equipment for banks to attach in order to protect themselves, it is an industry with very high turn over and very few survive beyond 5 years.  As a result, bankers require the restaurant owner to personally guarantee any loan and will often require assets equivalent to double or triple the business loan amount – wouldn’t you?

If that does not seem attractive as a business owner, then you begin to understand why business cash advance (based on future credit card sales) also known as merchant cash advance is an attractive alternative for owners looking for a restaurant loan or working capital.  It should also help to understand why the cost of capital is greater for these types of funding programs as they do not require any collateral or personal guarantee.

In any business loan transaction the cost of business capital is typically dictated by who is accepting the risk.  Business owners know that a business cash advance (merchant cash advance) shifts 100% of the financial risk to the funding company and in this economic environment that is exactly where most restaurant entrepreneurs want it…even if it cost a few dollars more.

More over obtaining a business loan has become much easier with fixed rate and terms for short term restaurant loans. These restaurant loans provide much needed cash to restuarant owners where traditional banks won’t lend restaruant loans .

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By adding CapVance (CAPVANCE)’s unique Merchant Cash Advanceto your sales portfolio, you’ll find many benefits which can include:

• Differentiated offer creating a new value proposition to present to your customer base
• A new reason to speak with your customer base, creating a cross-sell opportunity
• Increasing customer retention and extending customer’s life-cycle
• Stimulating new customer acquisitions
• Deepen existing relationships
• Additional commissions/revenue streams for you

Few things are more attractive to your clients than getting approved for business capital. When money talks, people always listen – making CAPVANCE’s Merchant Cash Advance product an offering that clients are eager to discover.

In CAPVANCE’s funding, your clients will find:

• A quick approval process, with funding in as little as 10 business days
• Up to $150,000 per location
• Funding opportunities for businesses with business owner FICO scores ranging from the low 400s to the mid-800s
• Opportunities for over 500 SIC codes, with over 100 premiere franchise concepts already served

By increasing your clients’ professional opportunities, you’ll strengthen existing relationships. Doors will open. Perhaps best of all, your earning potential can grow tremendously.

merchant cash advance

Each merchant is locked into processing for the life of the funding, earning you ongoing commissions. This product was designed for small businesses and 3 out of 4 eligible clients return for additional funding opportunities – driving your own residual commission opportunities.

Click here to discover more of the benefits in partnering with CAPVANCE. merchant cash advance

Join the Industry Leader

CAPVANCE has funded over 20,000 businesses in all 50 states. CAPVANCE’s National Sales Team works in partnership with processors, brokers and ISOs, helping small business owners secure working capital to stabilize and grow their businesses.

merchant cash advance

The right product makes it easy to do what you do best.

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If you have done any research on the internet regarding restaurant financing you have probably read this statement often… “restaurant financing is hard to come by”. We flat out don’t agree, but surprisingly many, many restaurant loan websites still make this claim. The fact is restaurant loan financing is just like any other business loan. Well that is how the company we recommend approaches it. Basically, if you have done your homework, your due diligence and present a professional case there is a good chance you will be approved. That sounds like any other new business that needs capital to get off the ground doesn’t it? So, why is there this negative bias surrounding restaurant financing? Honestly, we don’t know, we don’t understand it ourselves, but it defiantly doesn’t feel right. None of that is important though, because the company we work with takes a half glass full approach. They look upon your restaurant loan request with open eyes and true positivity. They take the time to see your vision, understand it and then work the numbers. Your opportunity and their opportunity are intertwined. The latter is possibly what many have forgotten.

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As a small business owner, your most difficult task is finding the money to operate your business. Taking the necessary steps to prepare for a small business loan can minimize the difficulty. Learn what you need to know to clinch the loan deal.

Banks and other lending institutions cite risk factors as their main reason for turning down small business loan requests from startup businesses. Yet, you can still get a loan for your business by proper preparation.

Avoid the common error of thinking you can start with grants from the government and community agencies. It is even more unlikely than getting the money from your own savings, family, friends, or a bank.

The main requirements of attaining a small business loan are your personal credit history, business plan, experience, education, and feasibility of the business you are starting or expanding.

The most important task to obtain a small business loan is preparing a business plan. The business plan needs to show the lender that providing you with a small business loan is a low-risk proposition. Your business plan must answer the questions a lending institution would ask. These questions usually are:

How much money do you need?

If you are starting a business, this should be included at least in the start-up capital estimate. Accuracy is important, so request enough money to invest wisely.

What are you going to do with the money?

You will have to provide, in detail, the designated use of every dollar requested. A small business loan is often needed for: operations (new employees, marketing, etc.), assets (equipment, real estate, etc.), or to pay off business debts.

When will you repay the small business loan?

Explain in detail how this small business loan will serve as a stepping-stone for your business. You will need to convince the lender (with your financial statements and cash flow projections) that you are able to repay the loan through the expected long-term profitability of your business.

What will you do if you don’t get the loan?

Let lenders know that rejection will not discourage you from starting or growing your business. You want to portray a confident and determined personality and you will try lender after lender until you receive the money you need to get your business moving.

As a small business owner, you will need a certain degree of fortitude. Be confident and proud of your venture. Let lenders know you are in control and know what’s best for you and your business. Understand that lending institutions need to make loans. But if you don’t get one, don’t get discouraged. Ask the lender why you didn’t get the small business loan. Learn from the answer, move on, and try other lenders.

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