Sometimes a business plan doesn’t cover opportunity. Years ago, Gerry said, his grandfather told him when opportunity comes, you have to grab it quickly.  Gerry is not a crazy risk taker, though in business, he is aggressive.  He planned for everything he could. And he had a detailed business plan well before his business opened,…

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John was worried.  He needed cash to get the tech experts in to take his business to the next step.  John had done his homework, and knew that if he could have certain code written on his business website, it would generate revenue three times his costs.  Without those website revisions, his business sites would…

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Most Merchant Cash Advance (MCA) companies will tell you they are not offering business loans, and an MCA is not a permanent solution for your business’ cash flow.  But ask any merchant in business for less than two years, and most will tell you banks turned them down for those business loans with the attractive…

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What is a merchant cash advance?  It is not a loan.  A Merchant cash advance is an advance payment against your business’s future income.  You receive a lump sum, which is repaid using a percentage of your daily credit card receipts. If you are a Merchant with fluctuating revenue and imperfect credit, a merchant cash…

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What is a merchant cash advance?  It is not a loan.  A Merchant cash advance is an advance payment against your business’s future income.  You receive a lump sum, which is repaid using a percentage of your daily credit card receipts. If you are a Merchant with fluctuating revenue and imperfect credit, a merchant cash…

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Rachel (not her real name) owns a children’s clothing store in New York.  In recent years Rachel has seen a growth in winter and spring sales, but last winter was the highest demand yet.  If Rachel wants to cash in on this growing trend, she will need inventory, but a few months ago, she had…

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