Wednesday, March 25, 2009
Survice this Downturn
As the economy took a turn to the downside these last couple months we've felt the repercussions of it at my place of work, in our household, with my friends and even in the catalogs and businesses sending emails and 'clearance' magazines to my home. Everyone is struggling and wanting to continue to try to grow their business during this time. Others are just treading water and trying to make it through this slow time until business picks up again. Unfortunately for us, we've had to turn to our credit card a couple of times to get by; twice in the past 6 weeks. Once for a car repair, and yesterday for portraits that was done and ready to be picked up. We aren't the only ones though as many people are relying on credit to get by. In this electronic age, businesses of all types should be able to process credit cards for payments and you are in need of short term capital, consider Credit Card Factoring as an option. Even I can accept credit card payments for my freelance work! But there are some that still do not utilize that method of payment. Sometimes banks make it hard to get started or get cash advances for your small business, but there are other choices. One of those is to couple the Merchant Cash Advance with the ability to accept credit cards and having the payments go directly to your loan. For a small business struggling to get through the next couple months until the summer tourist season picks up this is a great way to ride the wave.
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment