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Working capital

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The founders of RapidAdvance are seasoned financial professionals with diverse backgrounds in building and owning successful businesses. Understanding the challenges associated with small business loans and the need to easily access to working capital, we designed a business loan alternative that addresses many of the shortcomings associated with a traditional bank loan. Our service offers the industry's best alternative to a small business loan. We've reviewed the available options in the marketplace and created the best Business Cash Advance service available by offering the simplest application process, the broadest range of merchant acceptability and the highest advance volumes available. For more details you can also visit:- – PowerPoint PPT presentation

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Title: Working capital


1
www.rapidadvance.com
  • Working capital

2
Working Capital for Your Business
  • Working capital is money utilized to finance
    daily operational costs of a business. For a new
    business to have the chance to be a great
    success, it needs working capital to settle
    operating expenses on a daily basis. These
    everyday expenses include property rent,
    salaries, marketing expenses, and inventory. A
    business owner should always have enough capital
    on hand to cover these types of expenses.

3
Working Capital for Your Business
  • A working capital loan is one of the most common
    types of loans businesses seek. Getting one from
    friends and family can be easy, but it does have
    drawbacks. Will they be willing to lend a large
    amount of money? Is missing one or more payment
    worth the risk of losing a relationship? Bank
    small business loans have even more
    disadvantages. Most new businesses will not be
    able to qualify for bank loans.

4
Working Capital for Your Business
  • If you do qualify, you'll need to offer
    collateral and personal guarantees for repayment.
    Even worse, missing a payment can hurt your
    credit and cost you the collateral. One of the
    most popular and sought after forms ofworking
    capital funding is a business cash advance. The
    borrowers do not have to worry about fixed
    monthly repayments, and they do not have to have
    an overall good credit score. 

5
Working Capital for Your Business
  • The repayments come from taking a small
    percentage of the company's future credit card
    sales. This means that the merchant does not need
    to worry about making monthly repayments. A
    prerequisite for a cash advance is that the small
    business must accept credit cards as a mode of
    payment.

6
Working Capital for Your Business
  • Financing for small business working capital is
    not difficult to obtain with a business cash
    advance. An entrepreneur should weigh his funding
    options and factor in the ease of repayment,
    liability burden and flexibility
  • Before applying for a business cash advance, find
    out as much as you can about the provider. Good
    business cash advance companies, such as
    RapidAdvance, will inform you about the terms of
    the funding.

7
Benefits of Choosing RapidAdvance
  • Deal Direct - Work directly with the funding
    source. Cut out the middle man and any extra fees
    or delays associated with a 3rd party broker.
  • Experienced - RapidAdvance has a proven track
    record for providing small businesses with the
    capital they need to grow and succeed in today's
    economy. RapidAdvance is a leader in alternative
    financing to small businesses having provided
    hundreds of millions of dollars to over 20,000
    merchants both domestically and internationally.
  • No Collateral Liens (UCC-1) Filed at Time of
    Funding - Our Cash Advance program places no
    restrictions on your ability to access additional
    financing. Many competitors file a UCC-1 at time
    of funding.

8
Benefits of Choosing RapidAdvance
  • No Need to Switch Credit Card Processors - We
    offer multiple funding solutions through
    partnerships with the industry's best processors
    and through an alternative payment solution that
    gives you the flexibility to stay with your
    current processor.
  • More Money - RapidAdvance offers 5 different
    funding programs designed to maximize the amount
    of capital your business can receive.

9
Benefits of Choosing RapidAdvance
  • Respected - We are a trusted member of the Better
    Business Bureau (BBB).
  • Broader Funding Range - Our average business cash
    advance is 20,000 but we support requests from
    3500 - 150,000.
  • Trusted - Over 85 of qualified merchants renew
    their advance with RapidAdvance.

10
  • For more details you can visit-
  • https//www.rapidadvance.com/
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