Representation of merchant cash advance providers and alternative business lenders at the ETA Expo this year was very heavy. It was a great show and it was the first one I’ve actually attended. It was hosted in New Orleans, a beautiful city I had never been to before.
merchant cash advance industry
Last April there was much hoopla when President Obama signed the JOBS Act (Jump-Start Our Business Start-Ups) into law. The JOBS Act addressed two issues that have the potential to provide a jump-start for our worn down economy: The JOBS Act allows everyday Americans the opportunity to invest. And investment is what a major player [...]
Earlier this morning, I published the transcript of my interview with Karlene Sinclair-Robinson, the “Queen of Business Financing” and best selling author of Spank the Bank. I’ve had a lot to say about Merchant Cash Advance over the years and I thought it was a great opportunity to learn from a woman that has covered the [...]
In case you missed it, I participated in my first session of #SmallBizChat on twitter. If you want to join next time, they’re every wednesday from 8 to 9pm and hosted by @SmallBizLady. The mission of #Smallbizchat is to end small business failure by helping you succeed as your own boss. The questions are fast and [...]
I’m out at the Search Marketing Expo this week in Silicon Valley representing the Merchant Cash Advance industry. I’m looking forward to meeting a lot of interesting people. I made a few pit stops en route to San Jose from the airport this morning.
“So what’s the rate on a merchant loan?” I’ve been asked this a thousand times. I usually pause and try to analyze the context in which it’s being asked before responding. A merchant loan is a broad concept, not a precise loan structure with a universal cost. That makes it difficult to answer without appearing [...]
Congratulations to Sure Payment Solutions. Our parent company co-hosted a competition for charity where $7,100 was raised and donated to the ALS Association and the Hurricane Sandy Relief Foundation. The story on Reuters.
The Merchant Cash Advance Industry Network is beta testing an integration with InfoGroup’s API. The goal is to use their vast information of data to speed up the approval process. Since it is still in beta, we expect a few users to encounter bugs along the way. The system will attempt to match national data [...]