Small Business Equipment Financing and Loans

Large industries often need several pieces of very expensive equipment in order to run their business effectively and efficiently. This equipment is often used in the manufacturing, restaurant, mechanical, construction, and transportation sectors. The upfront cost of business equipment can be very expensive and may break a small business that is still getting their bearings and working on making a profit. In many cases, the business needs this equipment in order to operate properly and make a profit, but the upfront cost of the equipment is usually very high. That’s why there are some great equipment financing and equipment loans available for businesses that need assistance with their purchases. Not only are equipment loans easier on the wallet, there are a great deal of other benefits to equipment financing. Some of those include tax write-offs, easier management of assets, and most importantly, a higher margin of cash flow to be spent on other expenses.

Getting equipment financing is much like getting financed for a car or home. The lender will offer you very flexible repayment options with a choice of repayment terms. In many cases you’ll be able to opt for loans with terms of up to 15 years. In general, this will depend on the amount of the loan you take out. Most high end and large-scale equipment can cost anywhere from $25,000 all the way up to $1 million or more. As a company it’s important to know what to look for when choosing equipment at the best price, and when shopping around for equipment loans. This way your business can be sure it is getting the lowest rates and easiest terms. Many companies specialize in equipment financing, so it’s best to contact several in order to find the loan that will suit you and your company best, as well as be able to fulfill your personalized equipment needs so you can do business effectively.

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How does a merchant cash advance work?

For every $1 borrowed the merchant repays $1.30 to $1.39 over a 4 to 6 month period. A small percentage of the merchant’s MasterCard and Visa transactions are deducted from the merchant account to offset the charges of the Cash Advance. Should the monthly processing be less than the calculated percentage holdback average, the weekly difference will be ACH'd from the business checking account.

View an example of a week's worth of Visa/MasterCard Sales and the resulting payments.
Cash Advance Amount is based on the average monthly MasterCard and Visa sales and the merchant’s need for capital, limited by the merchant’s ability to pay back the advance in no more than 6 months and no more than a 30% holdback percentage.

EXAMPLE: Merchant has average $10,000 monthly MC and V sales and needs to borrow $12,500 for capital improvements

Cash Advance Payback is calculated by multiplying the total Advance Amount by 1.30, then dividing by 6 [number of months to payback] to determine the monthly amount of MC and V receivables that need to be collected.

EXAMPLE: $12,500 X 1.30 = $16,250 (Payback Amount)÷ 6 (no. of months) = $2,708.33 (monthly payback)

Cash Advance Percentage [%] Holdback Rate is calculated on the Merchant’s monthly payback, divided by the average monthly MC and V sales. This percent is the reserve captured on each MC/V batch transaction.

EXAMPLE: $2,708.33 &divide $10,000 (avg. MC/V sales) X100 (to get percentage) = 28% (MC/V batch reserve)

Receiving Cash Advance Amount occurs 3 to 5 days after the terminal is installed and BCC confirms funds are flowing correctly. The Cash Advance funds are ACH'd to the Merchant's bank account.

Send Us Your Processing Statements for a FREE review and preliminary cash advance funding calculation. Our consultants will help you to determine if a Cash Advance is right for your business. There is no obligation.

Business Debt Consolidation

Many businesses find themselves getting into debts that they simply cannot handle. Not only does this happen to the average consumer, but companies often suffer from business debt as well. Fortunately, there are a great number of programs available that offer business debt consolidation. These programs will help you to assess what you as a business can afford in order to help satisfy your debtors, as well as help to work out a payment plan and possibly lower your business’ current interest rates. One of the most common problems with business debt is that the company ends up losing valuable assets and merchandise because they are forced to liquidate (sell these things for cash). Even bankruptcy can occur if they cannot settle their debts in a timely manner. With business debt consolidation, your assets are protected, saving you from the pain and embarrassment of forced liquidation.

Another plus when it comes to getting your business out of debt is the fact that by consolidating, all of these miscellaneous debts are combined into one lump sum. One simple, single monthly payment can be made, making accounting and keeping track of everything on the financial side much easier. In addition, business debt consolidation can allow business owners to rest easy and be able to spend more time on making important business decisions and deal with their daily operations. This can actually help your business grow, because you’re not using up valuable time talking to the bank, your accountant, or bill collectors. By consolidating debt, nothing is lost and everything remains in good standing, while you build a reputation of solid credit and honest repayment. In many cases, as hard as it may seem to believe, you may end up owing less over time than you would have originally when participating in business debt consolidation.

Benefits of a Merchant Cash Advance

An unsecured cash advance makes getting money easier and more accessible. The process of approval does not take as long. Credit score, however, is the most important factor that lenders consider when offering loans to businesses. The higher the credit score, the higher amount of money may be available to you with a lower interest rate. Business cash advances can be borrowed from many financial institutions. A business owner may choose to borrow money from an institution online or in a banking facility.

Keywords: unsecured cash advance, business cash advance, merchant cash advance, future credit card payment receipts, future transaction receipts

Merchant Cash Advance

Need extra cash for your small business to purchase equipment or machinery, inventory, help paying taxes, advertising and marketing, invoice payments or physical expansion?

Business Capital Corporation can help get you the extra money you need for your business needs. You'll receive your cash in about 3 weeks or less.

The benefits of a merchant cash cash with BusCapCorp are:

• Low Documentation
• Cash in 10-14 Business Days
• No Tax Returns Required
• No Late Fees
• No Fixed Payments
• No Personal Collateral
• Terms align with your cash flow

Business Capital Corporation will work with you to repay your merchant cash advance with you paying a small percentage of your future credit card payment receipts.

Apply Online Today and Receive your merchant cash advance by the end of the month.

Alternative Business Financing

It is the American dream to own a business. Many brand new entrepreneurs find themselves thinking up wonderful ideas and big plans for the future as a business owner. While a lot of people think big, it can be very difficult to follow through with these plans if they cannot get a business loan. Business loans are very hard to obtain, particularly for people who are just starting out and have little to no track record. There are quite a few requirements that banks usually have in order to grant large business loans. First, they want the business owner to already have been established for about 2 years prior to requesting the loan. Other requirements include having a high credit score, asking for less than $100,000, and the business owner must have collateral.

For more information visit Alternative Business Financing.

Accounts Receivable Factoring

Sometimes, you don’t want to borrow money from a bank and make payments, particularly when you are focusing on your current cash flow into your business as it is. In cases like this, you should consider looking into accounts receivable factoring. Many people are not even aware of this process, and in most cases it is readily available if business owners will seek it out. Essentially, accounts receivable factoring is the selling of a business’ invoices for cash.
For more information on accounts receivable factoring, click here.

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