Contents tagged with Cash Advance

  • Peer-to-Peer Lending

    Merchant Cash Advance proposes to lend money to merchants based on their credit card receivables.  However these lending options are very expensive.   Is peer-to-peer (P2P) lending an alternative to merchant cash advance? 

    Companies, such as Lending Club, Prosper, and Loanio, are connecting people who need money with those who wish to lend it.  Utilizing P2P lending, borrowers can access the money at a lower interest rate than they would if they used even more traditional bank lines or a credit card.  At the same time, individuals who have money to invest get better returns than either the stock market or any bank savings are delivering today.

    P2P lending may be worth researching for merchants considering a merchant cash advance program. more

  • Alternative Financing Solutions

    For 6 million small businesses operating in a struggling economy, these are anxious times.  We’ve witnessed the credit markets freeze, massive bailouts and the most far reaching reordering of our financial system since the Great Depression.  During these tough economic times, more and more businesses are being introduced to alternative financing solutions:

    Merchant Cash AdvanceWith tightening credit markets, merchant cash advance has moved from lender of last resort to lender of only resort for many.  But understand that these funds are very expensive.  Even at reputable companies promoting the lowest rates in the industry, the annual percentage rate of interest can calculate to over 40%.   So it’s important to ask yourself: Is the investment I& … more

  • FTRANS, Corp partners with ISO Vantage Card Services, Inc.

    Atlanta, GA, May 20, 2008 – FTRANS Corp., a provider of business-to-business and business-to-government payments processing solutions, announced its partnership with Vantage Card Services, Inc. today. This partnership brings new opportunities for both companies as Vantage Card Services will be offering FTRANS® Trade Credit Express™ to its clients, and FTRANS will be gaining new relationships with businesses and banks through Vantage Card Services.

    This partnership between FTRANS and Vantage Card Services, Inc. demonstrates FTRANS’ ability to provide not only one of the newest, highest recurring revenue opportunities available for independent sales organizations (ISOs) that traditionally provide merchants with bank credit card services but also offer ISOs an … more