Why The Credit Crunch Won’t Go Away- in WSJ 06/21/10

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Use Alternative Financing- We are helping Businesses thrive in this challenging  economy everyday… learn more:

www.FirstFederalAdvance.com  or www.ContractorAdvance.com

FAST BUSINESS FUNDING FOR WORKING CAPITAL-HAVE A BACK-UP PLAN?

 Business funding and having a back-up plan,is a must today.  The value  should be familiar to most small business owners,  however it seems that the concept of alternative planning is overlooked with respect to  loans and working capital strategies. Always have  a back-up plan!    The importance of a plan is beneficial to many aspects of running your business successfully. Back-up planning seems to be under-utilized when business owners are seeking new working capital via business financing strategies.  If the bank doesn’t renew your line of credit,which happens a lot,   the borrower will need to pay off the entire loan or refinance within a limited period of time. The best solution for avoiding this possibility is to review current business funding options and explore “Plan B” options. Many of local banks throughout the United States have recently decided to pull the plug on future business financing. When they do so, little advance notice is provided, in most instances. If a business has commercial loans or commercial mortgages with a regional or local lender, a plan should be developed for the contingency that alternative business loan arrangements could be needed in the near future.  To prepare for this increasingly common possibility, business owners should engage in thorough discussions with a working capital advance advisor before proceeding. The presence of a ”back-up” plan mentality is likely to contribute to many aspects of running a successful small business.

www.FirstFederalAdvance.com

www.ContractorAdvance.com

Call 888 342-4FFA   Free Quote-Immediately

Business Funding-Advance’$- Hassle Free

Regardless of receiving billions of dollars in bailout funding from the federal government, America’s largest banks are still not lending. 

This lending freeze has been felt more in the Small Business sector, as entrepreneurs remain in limbo and business owners fight to stay alive. Many small business owners, excited by the bailout plan that propped up banks so that they would lend, have begun to seek out new means of credit.

One of these means is a business cash advance, a type of cash advance that hedges against your business’  receivables and deducts from your intake to repay debt. As long as you can provide statements that prove solvency and have been a business more than 6 months, you qualify. While banks became insolvent through bad loans, Business Cash Advance companies have created a new way to borrow that doesn’t involve risky loans.

The business model has become so popular that businesses have created entirely new ways to connect to providers. FFA launched an application on-line to help connect borrowers to us who want to get immediate funds for their business. Not only can we help you with your advance, you can find out how much you might be entitled to.

Banks tightening restrictions when they have necessary funds to spare is not the only reason for this shift to Business Cash Advances. After the credit crisis, many business owners and borrowers are wary of taking out a traditional business loans where they would be forced to make payments and keep track of the finances each month. One of the benefits of a business cash advance is the ease of repayment. Funds are automatically deducted from your daily  receivables until your debt is repaid. There are no complicated bills to sort through or late fees to contend with.

These technological advances have only made access to these new financial programs easier. As communication methods make these simple transactions even easier to obtain, there is no end in sight for Business Cash Advance’s.

In a market where obtaining financing is near impossible for business owners, FFA makes finding cash for your business easy again. Check out our website and see how we have found the best means of alternative financing for your business! www.FirstFederalAdvance.com www.ContractorAdvance.com

BUSINESS CASH NOW! -GROW TOMORROW…..

There is no doubt that the credit crunch has impacted millions of small businesses, crippling their ability to grow and create jobs.

As signs of recovery emerge, we need Congress and the Administration to address the credit crunch and let America’s small businesses get back to doing what they do best —growing the economy.

Let us help in the interm:  www.FirstFederalAdvance.com    Many options….

888 342-4FFA (4332)

Tough Economic Times – Risk Cash Flow *FFA Opens To All (Beyond Merchants)

Business Owners, Landlords, Contractors:

 All Understand That CASH IS KING!

But what happens when you are caught between payment delays and this credit crunch? Banks are just not lending to businesses. And if you don’t have your own funds, you may not be able to expand as needed or your business can potentially stop completely. So, what do you do?

Call First Federal Advance 888 342-4FFA

What is it? It’s the stop gap between payment delays and an income stream. It ensures that you, the business owner has access to capital that you need. Sometimes it calls for selling your income stream. For example, if you have Medicare or medicaid or other government receivables, FFA will buy that income stream for you. You have the cash you need without the hassel of waiting on the receivable.

Businesses should be running as usual. But as you plan for the future it may be a good time to have a contingency plan in place, especially for delayed revenue streams.

www.FirstFederalAdvance.com

www.ContractorAdvance.com

Reasons for Contractor Funding!- Working Capital-Hassle Free

Several reasons why are: 

Insufficient Capital:

Need working capital to complete the transaction or continue to grow, a reputable financier might be your ideal solution. If you have solid sales orders but lack the working capital to complete the transaction or continue to grow, we  might be your ideal solution.

Established and reputable companies explore options for securing working capital, find a company that provides the capital you need and takes no equity or ownership interest in your company. 

Speed of Funding:    

Company should conduct a rapid due diligence and review the details of the transaction.  Clients need a quick response so they can keep their profits and operate efficiently.

Increase Profits:

By leverage w/cash, so you may realize even more profit by saving on costs, by getting increased supplier discount(s).     

Protection of Identity: 

You can create what matters- Because of your affiliation, you’ll  keep thriving .

Our leadership and experience has guided many clients through their short-term challenges. This is a way that contractors have gained the advantages of our strength, flexibility and aptitude in transaction management.

For your success and the benefit you bring to your customer(s), be sure the Co. you align with offers you the same. Find out the process of the Co. you are considering,they vary.  

Vendor produces and ships goods. Goods are delivered to the customer. We advance a percent of receivable less any fees

We make it possible for clients without capital to build companies. They use us to assist with future growth. Keep it simple and to the point. 

www.ContractorAdvance.com 

www.FirstFederalAdvance.com

 888 342-4FFA (4332) 

 

 

 

 

BUSINESS FUNDING PROGRAM- DIRECT

Funding in 72Hrs How it Works Goal Our goal is to quickly and efficiently put working capital in your hands. Simple Qualification Have you accepted credit card  transactions for at least 6 months? Is your monthly Credit Card Volume at least $5,000? Are all prior bankruptcies resolved? Simple Application Complete the online application and a funding specialist will contact you immediately (within 2hrs.). Application is always free without any obligation to see exactly how much you qualify for.. How We Do It We buy a specified percentage of your future credit card sales or your receivables. We collect a fixed percentage until your obligation is satisfied. Apply now.  It’s simple and hassle-free. Takes less than 5 minutes. Benefits: 1) No points 2) No new equipment require or modified 3) No coupons or checks to write 4) No impact on their ability to qualify for other financing 5) No business use restrictions on the funding Again no cost, no obligation quote. Online application is easy and only takes a few minutes. You’ll receive your quote within just a few hours. Funding Process We know this may be your first experience with getting Business Funding.  That’s why we’ve taken the time to explain the process of how it works.  And remember, we hold you by the hand through the entire process. How does the application and approval process work? Complete our one page, quick application. Remember, there is no obligation to find out how much cash you qualify for.  Contact FFA 888.342.4FFA www.FirstFederalAdvance.com

Your funding company for the long term…

Every business is unique.  When looking at funding options, you want a company who understands the challenges of the industry and will tailor cash flow solutions to your specific needs. 

FFA funding services will help you to:

• ensure your employees get paid on time
• your equipment is working and performing
• you’ve got enough cash to cover any expenses

And, we cut down on your financial struggles so you can focus on gaining and servicing new accounts and growing your business.

For You: FFA will

• Advances  invoices 
• Finance  /brokers included
• Funds for any reason 
• Offers fast and friendly service
• Provide on-line reporting 24/7

www.FirstFederalAdvance.com

www.ContractorAdvance.com

1 888 342-4FFA  (4332)

Business Owner’s Cut Own Pay- Business Cash Advance Can Help In Tough Times

A number of small-business owners have stopped paying themselves as they struggle to keep their companies afloat.

It’s impossible to know just how many owners are affected. They were no longer taking a salary. That’s a troubling sign for small businesses, which have created a significant share of the new U.S. jobs in recent years.

During past downturns, business owners might have turned to a home-equity line of credit, a personal loan or credit cards to shore up finances. But this time, real-estate values have plummeted, leaving many with less equity to tap, and bank credit is virtually nonexistent.

It’s not uncommon for owners to give up salaries from time to time to give their companies a temporary lifeline, but owners say the prevalence of salary cuts now is unusual even for a recession.

Surviving on credit cards and not qualifying  for  small-business loans in this credit environment is not the way to go….In mid-February, Eric W. stopped paying himself for the first time since he took over a Bar/Restaurant business in Atlanta, GA. 

Some executives are forgoing salaries to avoid deeper cuts elsewhere. he says. It’s not the employees fault.

Alternative Solutions -www.1stFederalAdvance.com or 888 342-4FFA (4332)

Medical Funding

FFA is a quick and easy way for medical and health professionals to secure short-term working capital without taking personal risk.

• Less expensive, less cumbersome and less restrictive than standard receivable financing alternatives.
   
• A working capital alternative to accounts receivable financing and traditional loans.
   
• Based on practice or facility’s historical monthly collections including co-pays, and insurance receivables.
   
• A lump sum payment option with an average collection period ranging from 4-12 months.
   
• A less expensive alternative to equipment leasing.  (Good credit, collateral, and personal guarantees not required.)
   

FFA is an upfront, lump-sum cash payment whose repayment is based on the collection of a fixed percentage of a practice or facility’s future electronic payments including co-pays and third party receivables including insurance.

• “Could your practice run more efficiently if it had $50,000-$100,000 of immediate working capital available to it?”
   
• “Have you ever considered a working capital line, loan or factor to help finance your practice’s current cash flow needs?”
   
• “Would you consider securing immediate financing for your business if it did not encumber your personal assets?”
   

If you’ve answered “yes” to any of these questions than FFA may be a perfect solution for your business.

• No personal guarantee on repayment for normal course of business
   
• No fixed payments or maturity date
   
• Not encumbering personal assets for business related expenses
   
• Not credit score or cash flow analysis based
   
• No fees, closing costs, reviews or audits
   
• Let unknown future sales pay for cash today