Small businesses are like individuals. They have their ups and downs. But when you average the highs and the lows, most of the time you come out on an even keel. Many people like to keep their lows pretty close to the vest. They do not go in for the water cooler talk or coffee klatch about what is going on in their lives. It may be that they are feeling a financial pinch due to some unexpected medical bills, car expenses, family problems, and the list goes on.
Small business owners tend to have the same vested interest in keeping monetary problems to themselves. If family or friends found out, they might be considered a failure. They have no control over their company. But that is not what’s happening at all. Small business owners and entrepreneurs can suffer minor setbacks through no fault of their own. OK, they are at the top of the food chain so they take full responsibility. Fine. But they did not foresee the roof needing repaired after the ice storm. They did not predict the company car sliding into the fire hydrant. They did not know ahead of time that their number one customer was going to be slow in paying the largest invoice of the year.
While the small business owner cannot predict the future, he can look for help in the right places. He needs to make payroll, pay the payroll taxes, and take care of bills until the customer pays his invoice. There are such things as short-term small business cash advances. They are safe and they are secure. Many times the cash can be in the company’s coffers within five business days through merchant cash advance lenders and other “alternative lenders.”
Large banks do not like to loan what they consider to be small amounts of money. To the business owner who needs $10,000, it is a great deal of money. Everything is relative. What’s worse for the person needing the cash, the big banks make you complete a pile of paperwork when they know in the end they are not going to give you the money. With a small business cash advance lender, oftentimes you can complete an application on line. You may have to provide several months’bank statements, but the needed documentation is nothing like what you would have to give your bank.
And the terms are what you are able to easily handle. If you know for a fact the money will be in your account in three months, you can ask for a 90-day loan. There are no extended payments if you do not want them. After the 90 days when the loan is repaid, you go back to business as usual. Plus, this was completely discreet and confidential. No subordinates or family members needed to be involved in the transaction.
Do not lose another minute’s sleep worrying about short term cash flow problems. Help is at hand. Sites such as
This article was submitted by Mary Branca, she has a Bachelors of Journalism from the University of Georgia and spent 20 years in marketing management with national companies in the Southeast, Northeast and Midwest. She has combined her marketing experience with her passion for writing.