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As of Jan 2011 Professional Cash Advance has seen the market trends go to another level with the cash advance business loans industry. So many merchants that would otherwise get funded from banks are starting to understand that the Cash Advance Business Loans program is here and waiting for those who need business funding. Many thousands of merchants still don’t know that they qualify for this funding and that there are hundreds of millions of dollars available in 2011.
Merchants that have excellent credit scores are mentioning that they love the effortless process that Cash Advance Business Loans offer, with 7 day turn around and renewal of cash advance at the 50% mark. All this does is enhance the working capital that any merchant can use to there advantage, especially retail since the market has already shown there is a 35-50% increase in revenue in the retail statistics of merchants that have used this product.
In 2011 expect to see many more business lenders getting aggressive again and funding merchants that, as of 9 months ago, were being declined at a high rate. Also on the rise are different programs available to business owners regardless of credit, and in some cases negative bank statements. In addition to the 9-month and 12-month programs that are available to qualifying merchants, with a few lenders there are longer programs that extend up to 18 months thus allowing the monthly payback to be very low.
Another growing trend is Starter Programs. They are perfect for business owners who are processing $15k per month or under as they may be able to qualify for 50% of the processing as a starter advance, and still get the cash they are looking for by renewing again in less than 3 months. We have seen countless merchants thrive from the starter program and many lenders will give better rates on the 2nd and 3rd advance if the merchant pays back in a timely fashion.
Professional Cash Advance prides itself in being able to serve its clients by providing quick access to Cash Advance Business Loans in a timely fashion while beating the rates of its competitors.
Cash Advance Business Loans for Restaurants have been gaining in popularity and are now at the top of the list for Restaurant Owners who are looking for working capital from alternative financing sources. More restaurant owners are now using this method of business lending than any other source in history. They are finding ways to use this working capital to expand their businesses and increase their revenues by using other peoples’ money.
Finding the right professional to work with is high on the list of priorities because their priority is to build an ongoing relationship with the client. What this means is that it is possible for the restaurant owners to receive working capital for their business multiple times in one year, year after year. Cash flow is the life-blood of any business.
Ideally you want a professional or company that works directly with the best business lenders who specifically fund Cash Advance Business Loans for Restaurants in the United States at the best rates.
ProfessionalCashAdvance.com offers a special program from top lenders to save business owners money called their Platinum Program. It offers the lowest rates for cash advance business loans for restaurants. Even in today’s economy, restaurant owners can save $5,000 to $7,000 off of the traditional cash advance using this program.
Restaurants have become the #1 industry funded with Cash Advance Business Loans. According to the National Restaurant Association, Restaurants have seen an increase in revenue and growth as an industry despite the current recession, making it more than a practical choice to go with a Business cash advance if you are looking for an unsecured business loan.
With nearly 13 million workers nationwide, the restaurant industry is the largest private employer in the United States. While most industries are cutting jobs, hiring in restaurants across the country outpaced the overall economy in 2009. The National Restaurant Association reported expectations point to continued growth in 2010 and beyond for the foreseeable future.
The association said Americans are looking for restaurants to deliver value, convenience and healthy options. Business owners will need to make sure they keep up with the trends to keep people spending money.
With the increase in revenue and stability even in a recession, it is no wonder that the restaurant industry serves restaurant owners so well.
Are you a restaurant owner who is looking for a smart way to grow your business in today’s economy? Working with a Cash Advance professional can be the best way for you to increase your sales and revenues using other peoples’ money. If you process credit cards, you may want to take a good look at Cash Advance Business Loans for Restaurants.