Tag: Cash

Cash Flow Story, cash flow business.#Cash #flow #business


cash flow business

Cash flow business Cash flow business

Cash flow business Cash flow business

  • Cash flow business

Cash flow business

  • Cash flow business

    Cash flow business

  • Cash flow business

    Cash flow business

    Cash Flow Story What are your numbers telling you?

    Your Cash Flow Story Scorecard produces an automated financial health check on your business, ensuring everyone looks at your numbers in the same way…. whether you are a business owner/manager an advisor or banker.

    Using powerful processes such as the Power of One, the 4 Chapters and the Big 3 Cash Flow measures the Scorecard will enable you to understand your financial story and improve the performance of your business.

    Taking less than 10 minutes to setup, this unique web based Scorecard will deliver powerful analysis of your numbers in an easy to understand format. The Scorecard will bring your numbers to life and enable you to measure the financial impact of your decisions in advance.

    Cash flow business

    CFS Business

    With our business version you can:

    • See your financial story unfold
    • Gain valuable insight into your cash flow
    • Understand what your business is worth
    • Access your story from anywhere

    Learn more about CFS Business

    Cash flow business

    CFS Advisor

    With our advisor version you can:

    • Guide your clients through their financial story
    • Drive improvements to your client’s performance
    • Go from setup to meaningful analysis in under 10 minutes
    • Discuss the story over a coffee on your tablet/iPad
    • Become a financial story teller

    Learn more about CFS Advisor

    At a glance

    Pay attention to the right areas. Hone in on your critical results

    Easy to use

    Web-based, tablet and ipad ready. Understand your business anywhere!

    Fast Results

    Less than 10 minutes to get started and learn about your business

    Intuitive help

    Read the story to fully understand your story.


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  • Home Party Plan Training, Cash Flow Show, cash flow business.#Cash #flow #business


    Home Party Plan Training

    Whether you are a party plan consultant, team leader or corporate executive the Cash Flow Show has the home party plan sales training and direct sales resources that you are looking for!Cash flow business

    You have come to the right place!

    • Direct Sales Training To Create Consistent Cash Flow In Your Home Party Plan Business
    • Team Support And Super Starter Training Tools To Maximize Leaders Time
    • Corporate Leadership Coaching And Mentoring Start Up Consulting Remotely Or At Your Location

    Deb Bixler, creator of the Cash Flow Show, is the leading authority on home party plan training systems to grow a direct selling business.

    Instantly Download Audio

    Pump UP Your Calendar!

    • Discover New Strategies
    • Increase Bookings Guaranteed

    Cash flow business

    Coaching Mentoring

    We provide affordable team training, coaching and mentoring, corporate consulting as well as start up guidance and 1:1 private sessions.

    Cash flow business

    Cash Flow Show Radio

    Broadcasting 7 days a week, the Cash Flow Show – Home Business Radio was named the top 25 ‘Must Have Item’ for direct sellers 2 years in a row.

    Cash flow business

    Home Party Training

    With products for every personality and home party plan training need, the Cash Flow Show store features both hard copy CDs and virtual products.

    Cash flow business

    Cash flow business

    Cash flow business

    Cash flow business

    Cash flow business

    Home Party Plan Training

    Honored by OnAir Direct Selling LIVE and NBC TV News as one of the top 5 direct sales resources on the internet you will find a solution to any direct selling problem here.

    The action based home party sales tips you find here will work in any company, any product line and any business model. Sales is sales, home party or not. If you are in sales, then you are in the right place!

    If you do not find the exact home party plan training solution that you are looking for please call or send us an email!


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    The 5 main causes of cash flow problems, cash flow business.#Cash #flow #business


    The 5 main causes of cash flow problems

    Cash flow business

    Anywhere in the world, whether you are in Australia, UK, US, Canada, or elsewhere, the causes of cash flow problems are the same!

    CASH IS KING

    • The ability to generate positive cash flow year in year out is essential for a business to be viable in the long term.
    • Surplus cash flow lubricates growth of a business.
    • It is impossible to successfully grow a business unless it is both profitable AND generates surplus cash flow on a sustainable basis.
    • Without strong, positive cash flow a business will never thrive and grow.
    • Inadequate cash flow is a symptom of management problems in a business, NOT the cause.

    Evidence of Cash Flow Problems

    • Late payment or non payment of supplier invoices, direct debits being dishonoured, late payment of taxes and employee superannuation, even worse being late payment of wages to staff.
    • More extreme evidence of cash flow problems is legal action against your company by suppliers or the tax office.
    • If these problems sound familiar to you and your business, it is time for you to take immediate action to address your cash flow problems.
    • You are stressed and it is affecting your family as well.

    In this article, we take a look at the 5 main causes of cash flow problems in a business.

    Knowing these dangers will help you develop effective cash flow management and maintain a healthy business cash flow.

    Cause 1 – Declining Sales and/or Declining Gross Profit Margins

    a) Declining Sales

    • Declining sales have a devastating effect on your cash flow as a relatively small decline can cause a massive reduction in your profitability.
    • This typically occurs when economic conditions deteriorate, there is an increase in competition from global competitors, new competitors enter your market, or your industry declines.
    • As sales decline your overheads will probably remain unchanged so net profit decreases rapidly.
    • A detailed table in the addendum at the end of this article vividly demonstrates the devastating effect of declining sales.

    b) Declining Gross Profit Margins

    • Declining gross profit margins have a devastating effect on your cash flow as a relatively small decline can cause a massive reduction in your profitability.
    • Typically occurs when there is pressure on sales.
    • A detailed table in the addendum at the end of this article vividly demonstrates the devastating effect of declining gross profit margins.

    Cause 2 – Your Business Is Unprofitable

    • Simply put, you are spending more than you are charging to provide your customers with goods or services. For example for every $1,000 or 1,000 you charge your customer you are spending $1,050 or 1,050! That is for every $1,000,000 or 1,000,000 you earn you are spending $1,050,000 or 1,050,000!
    • Inevitably your losses will accumulate to the point of having to borrow more money just to stay in business. But eventually you will come to the point where it is neither wise nor possible to borrow more money and you will have to sell your business, close it down, liquidate it, or someone else will liquidate it for you, for example the tax office.
    • A much better solution is to take immediate action to restructure your business to generate strong and sustainable profits, this will probably require a very experienced business turnaround specialist to guide you through this process.

    Main causes of lack of profitability include:

    • A flawed business model.
    • An underperforming business, either your sales marketing and/or operations are not working like clockwork.
    • Lack of understanding of financial statements.
    • Lack of accurate and timely financial statements.
    • Lack of KPI s (Key Performance Indicators) and strict monitoring of them
    • Low gross profit margins due to high direct costs and/or not charging enough for your products/services and/or extreme competitive industry pressures.
    • Poor performance and lack of productivity of staff.
    • Poor processes, many errors/defects.
    • Poor stock purchasing and management.
    • Excessive overheads.
    • Excessive interest and/or vehicle and equipment finance commitments.
    • Poor credit approval of customers and poor debtor collection management practices resulting in high bad debts experience.
    • Undisciplined spending.

    Cause 3 – You Have a Natural Negative Cash Flow Business Model

    1. You sell on credit terms, 30, 60, or even 90 day terms, but you have to pay your payroll, rent, overheads weeks if not months before you are paid by your customers. And your payment terms with your suppliers are shorter than the payment terms you have given your customers.
    2. You carry imported stock which you have paid for weeks or months before it lands in your warehouse.
    3. You are paid by way of progress claims for which you also provide credit so you receive payment long after you have paid your direct factory expenses or subcontractors and materials expenses. Furthermore, retention payments are withheld by your head contractors or by your customer.

    There are ways to address every one of these circumstances which involve redesigning your business model and also using appropriate means of financing, most of which are still available, even if you are already in financial distress.

    Cause 4 – Excessive Debt and Capital Expenditure and/or Excessive Personal Drawings/Benefits

    • High repayments due to excessive debt and/or repayment of loans over too short a period. This especially applies to vehicle and equipment loans and lease repayments which are typically structured over relatively short terms with low or nil balloon or residual values.
    • Capital expenditure funded out of cash flow instead of being financed over the useful life of the asset which puts pressure on cash flow.
    • Funding purchase of personal property assets or the repayments on these properties far beyond the capacity of your business to sustain these payments as well as meeting the ongoing payment of all business expenses within normal trading terms including taxes and superannuation.
    • Excessive living and lifestyle expenses.

    Cause 5 – Poor Stock or Poor Credit and Debtor Management

    • Poor stock management, such as carrying stock that doesn t sell through, carrying excessive levels of stock, not clearing discontinued or obsolete stock, poor demand planning, undisciplined purchasing habits, or a poor stock management system to name a few.
    • Poor credit management, that is no or poor credit approval processes before providing customers with credit which will sooner or later result in bad debt write offs and in the worst cases will result in failure of the business.
    • Poor debtor management which includes lack of disciplined collection of debts due by customers, allowing continued credit when customers have not paid their bills within company credit terms, and lack of regular reconciling of debtors accounts.

    Some Final Words

    • Disciplined cash flow forecasting and management is critical to your business.
    • If you are experiencing some of the above issues in your business you need to address them urgently. Unless you can address these problems immediately you may be wise to engage the services of a very experienced business turnaround specialist to help you effectively plan and manage your cash flow and deal with the root causes of your cash flow problems.

    Addendum

    a) Detailed Analysis of Impact of Declining Sales

    • In the table below, sales are progressively reduced dramatically reducing net profit margin.
    • Note that all figures are presented as cents in the dollar/pence in the pound. Therefore, by way of explanation for normal sales column:

    Sales = 100 cents/pence

    Cost of Sales = 65 cents/pence

    Gross Profit = 35 cents/pence


    Tags : , ,

    The 5 main causes of cash flow problems, cash flow business.#Cash #flow #business


    The 5 main causes of cash flow problems

    Cash flow business

    Anywhere in the world, whether you are in Australia, UK, US, Canada, or elsewhere, the causes of cash flow problems are the same!

    CASH IS KING

    • The ability to generate positive cash flow year in year out is essential for a business to be viable in the long term.
    • Surplus cash flow lubricates growth of a business.
    • It is impossible to successfully grow a business unless it is both profitable AND generates surplus cash flow on a sustainable basis.
    • Without strong, positive cash flow a business will never thrive and grow.
    • Inadequate cash flow is a symptom of management problems in a business, NOT the cause.

    Evidence of Cash Flow Problems

    • Late payment or non payment of supplier invoices, direct debits being dishonoured, late payment of taxes and employee superannuation, even worse being late payment of wages to staff.
    • More extreme evidence of cash flow problems is legal action against your company by suppliers or the tax office.
    • If these problems sound familiar to you and your business, it is time for you to take immediate action to address your cash flow problems.
    • You are stressed and it is affecting your family as well.

    In this article, we take a look at the 5 main causes of cash flow problems in a business.

    Knowing these dangers will help you develop effective cash flow management and maintain a healthy business cash flow.

    Cause 1 – Declining Sales and/or Declining Gross Profit Margins

    a) Declining Sales

    • Declining sales have a devastating effect on your cash flow as a relatively small decline can cause a massive reduction in your profitability.
    • This typically occurs when economic conditions deteriorate, there is an increase in competition from global competitors, new competitors enter your market, or your industry declines.
    • As sales decline your overheads will probably remain unchanged so net profit decreases rapidly.
    • A detailed table in the addendum at the end of this article vividly demonstrates the devastating effect of declining sales.

    b) Declining Gross Profit Margins

    • Declining gross profit margins have a devastating effect on your cash flow as a relatively small decline can cause a massive reduction in your profitability.
    • Typically occurs when there is pressure on sales.
    • A detailed table in the addendum at the end of this article vividly demonstrates the devastating effect of declining gross profit margins.

    Cause 2 – Your Business Is Unprofitable

    • Simply put, you are spending more than you are charging to provide your customers with goods or services. For example for every $1,000 or 1,000 you charge your customer you are spending $1,050 or 1,050! That is for every $1,000,000 or 1,000,000 you earn you are spending $1,050,000 or 1,050,000!
    • Inevitably your losses will accumulate to the point of having to borrow more money just to stay in business. But eventually you will come to the point where it is neither wise nor possible to borrow more money and you will have to sell your business, close it down, liquidate it, or someone else will liquidate it for you, for example the tax office.
    • A much better solution is to take immediate action to restructure your business to generate strong and sustainable profits, this will probably require a very experienced business turnaround specialist to guide you through this process.

    Main causes of lack of profitability include:

    • A flawed business model.
    • An underperforming business, either your sales marketing and/or operations are not working like clockwork.
    • Lack of understanding of financial statements.
    • Lack of accurate and timely financial statements.
    • Lack of KPI s (Key Performance Indicators) and strict monitoring of them
    • Low gross profit margins due to high direct costs and/or not charging enough for your products/services and/or extreme competitive industry pressures.
    • Poor performance and lack of productivity of staff.
    • Poor processes, many errors/defects.
    • Poor stock purchasing and management.
    • Excessive overheads.
    • Excessive interest and/or vehicle and equipment finance commitments.
    • Poor credit approval of customers and poor debtor collection management practices resulting in high bad debts experience.
    • Undisciplined spending.

    Cause 3 – You Have a Natural Negative Cash Flow Business Model

    1. You sell on credit terms, 30, 60, or even 90 day terms, but you have to pay your payroll, rent, overheads weeks if not months before you are paid by your customers. And your payment terms with your suppliers are shorter than the payment terms you have given your customers.
    2. You carry imported stock which you have paid for weeks or months before it lands in your warehouse.
    3. You are paid by way of progress claims for which you also provide credit so you receive payment long after you have paid your direct factory expenses or subcontractors and materials expenses. Furthermore, retention payments are withheld by your head contractors or by your customer.

    There are ways to address every one of these circumstances which involve redesigning your business model and also using appropriate means of financing, most of which are still available, even if you are already in financial distress.

    Cause 4 – Excessive Debt and Capital Expenditure and/or Excessive Personal Drawings/Benefits

    • High repayments due to excessive debt and/or repayment of loans over too short a period. This especially applies to vehicle and equipment loans and lease repayments which are typically structured over relatively short terms with low or nil balloon or residual values.
    • Capital expenditure funded out of cash flow instead of being financed over the useful life of the asset which puts pressure on cash flow.
    • Funding purchase of personal property assets or the repayments on these properties far beyond the capacity of your business to sustain these payments as well as meeting the ongoing payment of all business expenses within normal trading terms including taxes and superannuation.
    • Excessive living and lifestyle expenses.

    Cause 5 – Poor Stock or Poor Credit and Debtor Management

    • Poor stock management, such as carrying stock that doesn t sell through, carrying excessive levels of stock, not clearing discontinued or obsolete stock, poor demand planning, undisciplined purchasing habits, or a poor stock management system to name a few.
    • Poor credit management, that is no or poor credit approval processes before providing customers with credit which will sooner or later result in bad debt write offs and in the worst cases will result in failure of the business.
    • Poor debtor management which includes lack of disciplined collection of debts due by customers, allowing continued credit when customers have not paid their bills within company credit terms, and lack of regular reconciling of debtors accounts.

    Some Final Words

    • Disciplined cash flow forecasting and management is critical to your business.
    • If you are experiencing some of the above issues in your business you need to address them urgently. Unless you can address these problems immediately you may be wise to engage the services of a very experienced business turnaround specialist to help you effectively plan and manage your cash flow and deal with the root causes of your cash flow problems.

    Addendum

    a) Detailed Analysis of Impact of Declining Sales

    • In the table below, sales are progressively reduced dramatically reducing net profit margin.
    • Note that all figures are presented as cents in the dollar/pence in the pound. Therefore, by way of explanation for normal sales column:

    Sales = 100 cents/pence

    Cost of Sales = 65 cents/pence

    Gross Profit = 35 cents/pence


    Tags : , ,

    Business Loans, Cash Advance Loan for Businesses, business cash advance.#Business #cash #advance


    Business Loans – Alternative Business Financing

    We provide business cash advances, completely unsecured up to $250,000! A business cash advance is a great alternative to traditional loans and small business financing options such as:

    • Small Business Loans
    • Unsecured Business Loans
    • Business Loan for Businesses with Bad Credit
    • Secured Business Financing

    Our business cash advance is based on future sales. We facilitate success by providing cash in advance, quickly, without the formalities and strict requirements of a business loan offered by banks and other financing companies. Business loans require security (collateral), good credit and a long business history. New businesses and small businesses with bad credit may still qualify for an unsecured business cash advance loan.

    Business Cash Advance Requirements

    • Your business is registered in the United States
    • Your Business is established – No Start-Ups
    • Proof of gross monthly revenue

    Business Cash Advance Vs. Small Business Loan.

    Unlike traditional small business loan financing, with our business cash advance you are not fixed to a repayment schedule. If you have a slow period we take a smaller payment; working with the flow of your business. Additionally, unlike small business loans, our unsecured business loan alternative does not require collateral or a personal guarantee. We also do not require financials or tax returns. Our quick online application is simple and takes only a few minutes. Business loans require extensive paperwork and a lot of time. We can approve your business for an unsecured cash advance in less than 24 hours and have a working capital loan of up to $250,000 transferred to you in less than 1 week!

    Business cash advance

    Business cash advance Business cash advance Business cash advance Business cash advance Business cash advance

    Business cash advance Business cash advance

    Business cash advance

    Behind every small business there is a business owner. We believe in business owners and we invest in their potential.

    Business cash advanceBusiness cash advance


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    Merchant Cash Advance – Business Loans for Working Capital, business cash advance.#Business #cash #advance


    Why Business cash advance

    Since 2002, Capify (formerly known as AmeriMerchant) has been in the business of helping small businesses. We know that getting working capital can be challenging so at Capify, we make business funding simple.

    With our products, you can get anywhere from $5,000 to $1,000,000 in funding for your business and have it in your account in just days. Our simple online application offers 60 second decisions, free and at no obligation. Apply online or call today to find the right product for you.

    Why do business owners choose Capify?

    How it works:

    Business cash advance

    1. Apply

    Use our simple online application or call us to speak with one of our representatives and tell us how much working capital you would like for your business.

    2. Business Info

    Tell us a bit about your business so we can select the right funding solution for you.

    3. Real time offer

    Your quick quote is generated in just 60 seconds.

    4. Receive Funds

    Receive your money in just days after approval.

    • Business cash advance
    • Business cash advance
    • Business cash advance

    Get business funding today call us on 1-800-267-3790

    Note: Capify and its logo are trademarks of AmeriMerchant Holdings LLC. Capify does not offer business credit or loans directly. Capify offers through its affiliates and subsidiaries two products, a Merchant Cash Advance and a Small Business Loan. A Merchant Cash Advance or MCA is not a loan but is the purchase of the future credit and/or debit card receivables of the Applicant’s business. An MCA has no maturity date or fixed payments. A small business loan has fixed payments and a maturity date. An MCA is offered in all fifty (50) states. In all states but California the Merchant Cash Advance if offered by Merchants Advance LLC. In California, a Merchant Cash Advance if offered by Apex Advance LLC a licensed California Finance Lender License Number 6054066. In certain states small business loans are provided by Main Street Business Loans LLC. a Licensed California Finance Lender License Number 6054509. Strategic Funding Source, Inc. and Colonial Funding Network offer an MCA in all fifty (50) states and Small Business Loans in California and most other states if loan size and local regulatory requirements are met. MCA and small business loans are made to businesses only and not to consumers and all funds must be used for business purposes only. In certain states we are unable to provide funding to sole proprietors. © 2016 AmeriMerchant Holdings LLC. All Rights Reserved.

    Business cash advance

    Business cash advance Business cash advance

    Business cash advance Business cash advance

    Business cash advance


    Tags : , ,

    Cash Flow Streams, cash flow business.#Cash #flow #business


    Cash Flow Streams

    The Present Value of a Cash Flow Stream is equal to the sum of the Present Values of the individual cash flows. To see this, consider an investment which promises to pay $100 one year from now and $200 two years from now. If an investor were given a choice of this investment or two alternative investments, one promising to pay $100 one year from now and the other promising to pay $200 two years from now, clearly, he would be indifferent between the two choices. (Assuming that the investments were all of equal risk, i.e., the discount rate is the same.) This is because the cash flows that the investor would receive at each point in time in the future are the same under either alternative. Thus, if the discount rate is 10%, the Present Value of the investment can be found as follows:

    PV = $100/(1 + 0.10) + $200/(1 + 0.10) 2

    PV = $90.91 + $165.29 = $256.20

    The following equation can be used to find the Present Value of a Cash Flow Stream.

    Cash flow business

    where

    • PV = the Present Value of the Cash Flow Stream,
    • CFt = the cash flow which occurs at the end of year t,
    • r = the discount rate,
    • t = the year, which ranges from zero to n, and
    • n = the last year in which a cash flow occurs.

    Find the Present Value of the following cash flow stream given that the interest rate is 10%.

    Cash flow business

    Cash flow business

    Future Value

    The Future Value of a Cash Flow Stream is equal to the sum of the Future Values of the individual cash flows. For example, consider an investment which promises to pay $100 one year from now and $200 two years from now. Given that the discount rate is 10%, the Future Value at the end of year 2 of the investment can be found as follows:

    As of year 2, the $100 received at the end of year 1 would have earned interest for one year while the $200 received at the end of year 2 would not yet have earned any interest. Thus, the Future Value at the end of year 2, i.e., immediately after the $200 cash flow was received, is $310.00.

    The following equation can be used to find the Future Value of a Cash Flow Stream at the end of year t.

    Cash flow business

    where

    • FVt = the Future Value of the Cash Flow Stream at the end of year t,
    • CFt = the cash flow which occurs at the end of year t,
    • r = the discount rate,
    • t = the year, which ranges from zero to n, and
    • n = the last year in which a cash flow occurs.

    Find the Future Value at the end of year 4 of the following cash flow stream given that the interest rate is 10%.

    Cash flow business

    Cash flow business

    Cash flow business


    Tags : , ,

    Merchant Cash Advance vs Business Loan – Small Business Blog #loans #for #business


    #business cash advance

    #

    Merchant Cash Advance vs Business Loan

    When things are going great, businesses have the cash flow they need for success and growth. During lean times or tight transitions, though, your company may need to find a cash advance loan to keep the doors open or to successfully expand. Though a myriad of funding options exists, merchant cash advances and platform lending like that offered here at Kabbage.com are two of the most popular and advantageous options.

    The trick is understanding the difference between the two. Each has its own unique characteristics, and is more or less appropriate for a specific business need.

    Let’s start with definitions.

    What is a Merchant Cash Advance?

    A merchant cash advance gives a business up-front cash, and takes payments from the credit card receipts on a regular (often daily) basis according to an agreed-upon amount. If you’ve been in business for more than a year, you’ve almost certainly received at least one phone call offering you merchant advance funding.

    What is a Business Loan?

    A business loan also provides up-front cash, but is paid back in monthly installments. These are usually withdrawn directly from your operations account, but terms are flexible if another method works better for your business.

    For example, let’s say your company needed $1,000 for an advertising blitz in the month prior to your peak season. With that advertising in place, you would be positioned to lead the pack in your region for your industry. Without it, your competition would get the lion’s share of the business and the lost business would amount to far more than the $1,000 you would invest. But it’s been a year since the last peak season, and you don’t have the cash on hand. You need the cash, and like any smart business person you look at the two cash advance options for your business in detail.

    Merchant Cash Advance vs Business Loan

    Though it comes from the newer platform lending model. a Kabbage business loan is still legally a loan. This means it’s scrutinized by federal authorities and subject to limitations and enforcement. Merchant cash advances aren’t technically a loan because of how the payments are structured. This means they aren’t as regulated or carefully watched. This doesn’t automatically mean that merchant advance funding comes with abusive interest rates and contracts, but it does mean you should read and understand that contract as completely as possible.

    Merchant cash advance loans approve any business that shows a history of credit card receipts sufficient to pay the money back. This makes them attractive to companies with new or bruised credit histories. Kabbage loans look at data from a variety of sources, including social sharing indicators, your cash flow reports, traditional credit reporting and industry metrics. Armed with that information, Kabbage can grant credit to struggling companies (at a higher interest rate to justify the risk), but can give lower rates to those who have earned them.

    In this category, both means of lending are about equivalent. Kabbage loans deliver funds within 24 hours of approval. Most merchant cash advances work at the same speed – but not always. Ask about this if you go with merchant advance funding and need the money quickly.

    Merchant cash advances take a percentage of credit card sales until the loan is paid. Kabbage loans take 1/6 th of the loan plus interest each month for six months. If your company needs flexibility that matches performance, a merchant advance might be the better option. If you want reliable, predictable costs for the borrowed money, Kabbage loans serve those goals more effectively.

    For the first two months of a Kabbage loan, the interest rate is between 1 and 13 percent of the principal, based on the metrics gathered during the approval phase of the application. The rate then falls to 1 percent for the remaining six months of the loan. Merchant cash advance operations do not typically publish their interest rates. Independent analysis of a variety of merchant advance funding offers puts the average APR at more than 38 percent.

    Merchant cash advances often include set-up fees, processing fees and even payment fees that can as much as double the actual cost of the loan. Kabbage loans include no extra fees. They cost as much as the “price tag” says.

    Which is the better option? As with all business decisions, there’s no single good answer. Platform lending like Kabbage serves one set of business needs, while cash advance loans serve a different set. While we can’t give you a definite answer, we hope this has helped you identify the best questions. If not, watch this two minute video on Merchant Cash Advances vs Kabbage Business Loans for more information.

    If you have experience with merchant cash advances versus business loans, tell us a bit about it in the comments below. Help the Kabbage community benefit from your experiences.

    Jason Brick speaks internationally to small businesses after a fifteen-year career in managing companies for himself and others. His books include the best-selling Mastering the Business of Writing and upcoming Ownership Evolution. When not writing or speaking he enjoys martial arts, board games, cooking, travel and spoiling his wife and sons. He usually lives in Oregon, but is spending the year in Malaysia.

    Latest posts by Jason Brick (see all )

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  • Fast Business Loans: Best Options for Quick Cash #business #website #design


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    Fast Business Loans: Best Options for Quick Cash

    You can trust that we maintain strict editorial integrity in our writing and assessments; however, we receive compensation when you click on links to products from our partners and get approved. Here’s how we make money .

    Sometimes, your small business just can’t afford to wait for funding. Maybe a major piece of equipment has failed, or your pipes burst. Or perhaps you don’t want to miss out on a business opportunity. You need fast cash, and you’re willing to pay more for the speed and convenience.

    Business loans from banks are great for keeping loan costs down, but the lengthy application and underwriting process means it can take months to get your money. Online business loans can make sense when speed is your top concern. Below, we compare some of the best business loans for fast cash.

    HERE ARE OUR RECOMMENDATIONS FOR:

    If you want fast cash for immediate needs: Kabbage, OnDeck and Lending Club

    Kabbage, OnDeck and Lending Club can provide you with fast cash to handle virtually any immediate need, including dealing with a financial emergency, buying inventory, meeting payroll or other business purposes.

    If you have shaky credit, Kabbage could be a good option. The lender does not require a minimum credit score to qualify; instead, your business needs a year of history and at least $50,000 in annual revenue. Kabbage provides a line of credit up to $100,000. You can complete the company’s online application in minutes, with approval and funding just as fast or within a few days, depending on how quickly Kabbage can obtain your business data and verify your bank account. Kabbage, though, comes with high borrowing costs, from 32% to 108% annual percentage rate.

    If your personal credit score tops 500 and your annual revenue starts at $100,000, consider an OnDeck term loan. As with Kabbage, you only need a year in business. But OnDeck borrowing costs are lower than those of Kabbage, with APRs of 9% to 98% on term loans and 14% to 40% on lines of credit. The line of credit, which provides more flexibility than a term loan, is a good choice if you have a personal credit score of 600 or more. You can draw and repay funds on an as-needed basis, and with lower overall APRs the line could be less costly than the term loan. You can finish OnDeck’s online application in 10 minutes, with funding as fast as 24 hours but typically in a few days.

    Lending Club offers the lowest overall borrowing costs of the three lenders, and funding for its term loan and line of credit typically arrive in less than a week. APRs range from 8% to 32%. You’ll need a personal credit score of at least 600, $75,000 in annual revenue and two years in business to qualify for either product.

    • Loan amount: $5,000 to $500,000 for term loans; up to $100,000 for lines of credit.
    • APR: 9% to 98% for term loans; 14% to 40% for lines of credit.
    • Loan term: Term loans repaid daily or weekly for three to 36 months; lines of credit are repaid weekly.
    • Funding time: As fast as 24 hours but typically a few days.
    • Read our OnDeck review .

    Before you apply for an OnDeck loan, find out whether you meet the lender s minimum qualifications.

    • 500+ personal credit score for term loans; 600+ personal credit score for lines of credit.
    • 1+ year in business for term loans; 9+ months in business for lines of credit.
    • $100,000+ in annual revenue for term loans; $75,000+ in annual revenue for lines of credit.
    • No bankruptcies in the last two years.
    • Personal guarantee required.

    Before you apply for a Lending Club line of credit, find out whether you meet the minimum qualifications.

    • 600+ personal credit score.
    • 2+ years in business.
    • $75,000+ in annual revenue.
    • Own at least 20% of the business.
    • No recent bankruptcies or tax liens.
    • Provide collateral for loans and lines of credit of more than $100,000.

    Lending Club is currently unavailable to borrowers in Iowa and Idaho.

    If you need fast cash for a business opportunity: Lending Club, OnDeck and Dealstruck

    Small businesses have a number of choices when looking to finance fast expansion or growth.

    Lending Club’s term loans come with low rates, but qualifying may be more difficult compared with OnDeck and Dealstruck. You’ll need at least a 600 personal credit score, $75,000 in annual revenue and two years in business.

    If you don’t qualify for Lending Club or need cash sooner, OnDeck’s funding turnaround can be as fast as a single day —though, more often, several days to a week. To qualify, you need at least a 500 credit score, a year in business and $100,000 in annual revenue. Your APR will likely be higher than at Lending Club. And, unlike other lenders, OnDeck requires daily or weekly repayments on its term loans, so your business should have steady cash flow to handle the frequent repayments.

    If you need more than one type of financing or are unsure which type of financing you need, Dealstruck could be your best bet. The lender has a variety of loan products, such as term loans and inventory lines of credit, with an average of 10 days to funding. To qualify, you need one year of business history, a personal credit score starting at 600 and $150,000 in annual revenue.

    Before you apply for a Lending Club loan, find out whether you meet the minimum qualifications.

    • 600+ personal credit score.
    • 2+ years in business.
    • $75,000+ in annual revenue.
    • Own at least 20% of the business.
    • No recent bankruptcies or tax liens.
    • Provide collateral for loans of more than $100,000.

    Lending Club is currently unavailable to borrowers in Iowa and Idaho.

    Before you apply for an OnDeck loan, find out whether you meet the lender s minimum qualifications.

    • 500+ personal credit score.
    • 1+ year in business.
    • $100,000+ in annual revenue.
    • No bankruptcies in the last two years.
    • Personal guarantee required.

    • Loan amount: $50,000 to $500,000 for term loans; up to $500,000 for inventory and asset-based lines of credit.
    • APR: 10% to 28% for term loans; 22% plus prime rate for inventory and asset-based lines of credit.
    • Loan term: Six months to four years for term loans; six months per draw for lines of credit.
    • Funding time: Average of 10 days.
    • Read our Dealstruck review .

    Before you apply for a Dealstruck loan, find out whether you meet the lender s minimum qualifications.

    • 600+ personal credit score.
    • 1+ year in business.
    • $150,000+ in annual revenue.
    • Breaking even or profitable.
    • Personal guarantee and a lien on business assets required.

    You may also like

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    Chase Ink Cash Review #business #card #templates


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    • Earn $200 bonus cash back after you spend $3,000 on purchases in the first 3 months from account opening
    • Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on cellular phone, landline, internet and cable TV services each account anniversary year
    • Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year
    • Earn 1% cash back on all other card purchases with no limit to the amount you can earn
    • 0% introductory APR for 12 months on purchases and balance transfers
    • Employee cards at no additional cost
    • No Annual Fee

    APR, Variable

    APR: 13.49%-19.49% Variable

    Cash Advance APR: 25.24%, Variable

    Pros

    • Bonus cash back categories
    • $0 annual fee
    • 0% Intro APR for 12 months on purchases and balance transfers

    Bonus offer

    Earn $200 bonus cash back after you spend $3,000 on purchases in the first 3 months from account opening

    Disclaimer: Any editorial content is not provided or commissioned by Chase Bank USA, N.A. Opinions expressed here are author s alone, not those of Chase Bank USA, N.A, and have not been reviewed, approved or otherwise endorsed by Chase Bank USA, N.A. Sponsored above means this site may be compensated through the Chase Bank USA, N.A Affiliate Program.

    Nerdwallet Review

    If your business is looking for a new rewards credit card, look no further than the Ink Cash Business Credit Card. One of the best business cash rewards cards on the market, it offers 5% back on up to $25,000 in spending on office supply store purchases and cable/telecom services. It also gives 2% back on the first $25,000 spent at gas stations and restaurants combined, and 1% back on everything else. In case that’s not enough – here, have a signup bonus: Earn $200 bonus cash back after you spend $3,000 on purchases in the first 3 months from account opening.

    The Ink Cash Business Credit Card has a $0 annual fee and a 0% Intro APR for 12 months on purchases and balance transfers, and then the ongoing APR of 13.49%-19.49% Variable.

    This card is best for businesses that spend a lot on the bonus categories, but not ideal if they spend more than $25,000 a year on office supplies and cable/telecom services combined. Also, frequent travelers should choose a business card that rewards travel purchases and allows for travel redemption, instead.

    Want to learn more? Check out our full review of the Ink Cash Business Credit Card for more information.

    NerdWallet reviews are the result of independent research by our editorial team while cardholder reviews are contributions from independent users not affiliated with NerdWallet. Banks, issuers and credit card companies are not responsible for any content posted on the NerdWallet site, nor do they endorse or guarantee any posted comments or reviews.

    Write a review

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    2016 NerdWallet, Inc. All Rights Reserved

    Disclaimer: NerdWallet strives to keep its information accurate and up to date. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. All financial products, shopping products and services are presented without warranty. When evaluating offers, please review the financial institution’s Terms and Conditions. Pre-qualified offers are not binding. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion® directly.

    Additionally, this site may be compensated through third party advertisers. However, the results of our comparison tools, blog content and editorial reviews are based on objective analysis. For more information, please see our Advertiser Disclosure .


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