Gloria of Main Street Health and Vitamins: "My business has been steady the past few years but bringing in new customers has always been a challenge. Many folks don't realize how simple supplements can improve their health and energy. With the $12,000 Merchant Cash Advance I received, I ran a few full page ads in the local paper with the headline: I'm 62 And Stronger Than You. Let's Find Your Supplement! Before you know it, I had made regular customers out of people who claimed to have never taken a vitamin in their life. Business is great!"
Business Partners Mike and Mike of M&M Home Design: "Since 2008, we've been on COD with all of our suppliers. The economy has made it tough for anyone to do business any other way. We closed a Merchant Cash Advance deal for around $21,000 in early 2011 and placed a really large order for inventory. Our supplier interpreted our monster order and liquidity as a sign that we were better positioned than the competition and extended us 60 day terms thereafter. With so much cash flow freed up, we were able to hire two kids that had just graduated college. That helped us increase sales and in turn cover the cost of our financing. We are thrilled with the outcome and happy to be one of the few small businesses in America who are hiring and growing."
Anna of Your Stylez: "I started Your Stylez in 2004 because I love doing hair and makeup. I took over the business from the previous owner and have 4 full time stylists that work for me. When another salon opened across the street from us in 2009, we started losing some of our customers. Our stylists and I came up with a plan to reinvent ourselves by enhancing the decor inside and outside. We also wanted to serve piƱa coladas as part of the experience. I raised $9,500 from a Merchant Cash Advance to make it all possible. We not only won our customers back, we also brought in tons of new ones. The drinks and new ambiance have created a lot of buzz."
Jillian of Bossy Coffee: "This picture is from when I first opened two years ago. Bossy Coffee is the first business I have ever owned. Things were going well until the town started doing road and construction work right in front of my shop. Many customers didn't like the loud noise and stopped coming in. That hurt me financially. A Merchant Cash Advance company funded us with $5,500, which kept me afloat until the construction finished. Stay Bossy, Drink Coffee!"
Buddy of Real Italian Pizza: "I grew up in a traditional Italian-American household and food was our greatest passion. My brothers and sisters helped me open my first pizza shop in 1999. I'm proud to have worked there every day since. The only snag we ever hit was when the shop got broken into and vandalized, which of course happened the same week that the kitchen flooded. I didn't have enough to recover, nor would a bank help me out. I ended up getting cash from a Merchant Cash Advance, something I had never heard of previously. It saved my business and my life."
Randall of AA Garage: "I inherited my father's auto shop, a business he had built and run successfully for 40 years. I was determined to make him proud and was eager to make my own mark on it. The one area Dad never mastered was the internet. We had no web presence and it was causing us to miss out on all the customers who searched the internet instead of the phone book for local mechanics. With the $31,000 Merchant Cash Advance, I was able to finish paying off the installation of a new bay and created a presence for us on the internet. Sales are up 60%!"
Todd of Classic Elegance: "When I opened my shop 10 months ago, I knew I had made a mistake. I settled for a location that was not as visible because the rent was less than half. That resulted in fewer customers and less revenue. I didn't have any cash left over so I utilized a Merchant Cash Advance and hired a few high school kids. I dressed them up as mobile billboards and had them walk along the main road to advertise for me. This simple marketing gimmick was a great way to spread the word and business shot up fivefold. The cheap rent is now just icing on the cake."
Dr. Kerouac of Kerouac DDS: "Being a dentist is a very fulfilling role. I like to think that I take care of the community's smiles. My son is a marketing major in college and asked me what advertising strategies I use. That caused me to realize I had never actually advertised before. As part of his class project, he designed a full page ad that I paid for to circulate in the newspaper. I couldn't believe how effective it was! The phone was ringing off the hook with parents demanding I be their kids' dentist. $47,000 from a Merchant Cash Advance helped cover the costs of buying new equipment and expand my practice. I had always lived quite well but now I feel that I'm truly successful."
