Download this short presentation over Merchant Cash Advances by Wesley Yuhn. Wesley Yuhn is well-known personality of the US & UK as he is known as "The Mastermind of Business & Sales".

1. Wesley Yuhn
Chief Sales Officer
ACH Direct Processing DBA
ACHDP.com
Tampa, FL.

2. Small Businesses Benefit from
Merchant Cash Advances
In August, an assessment paper was published at Harvard Business School
that outlined the reasons why small businesses are not recovering at the same
rate as multinationals because getting loans remains very difficult.
In September, Forbes online magazine published another assessment focusing
on how small businesses in the U.S. have been able to survive the recession
and where they are finding funding during this major gap in bank loan
availability.

4. Merchant Cash Advacnes
Essentially, they discovered that the main form of outside capital is coming from
four sources with Merchant Cash Advances leading the way. The other methods
that create the top four include equipment leasing, factoring invoices and
personal loans from credit unions.
Wesley Yuhn & ACHDP has been ahead of the curve in terms of locating funds
for small businesses. The company began before the recession of 2009 and has
increased its awareness and funding capital continuously since.

5. What You Should Know about Merchant
Cash Advance Funding
Often referred to as “alternative lending institutes”, the common
denominators include:
Online and Mobile applications with a 30-minute response and loan
agreement for the amount requested by a business
Owners can receive money in their business account in as little as 1-
hour and rarely more than 24-hours
Loans are typically short-term – averaging under 9-months
continued...

6. What You Should Know about Merchant
Cash Advance Funding
Funding is usually for working capital and purchases described as
inventory
Interest rates are higher than traditional bank loans
Lenders offering terms that extend out to 3-years for amounts up to
$250,000 have interest up to 24% depending on the credit of the
business owner among other ratings

7. Understand The Terms Before Moving
to Payments
Regardless of which alternative lender that you decide to use, it is
essential that you read and completely understand the terms of your
agreement before you accept the money.
If the first payment is set too soon, ask for a 2 or 3 week extension for
the first payment and then, each of the payments that follow will fall in
behind that.
If your accountant has your payment system established to make
payments every 2 weeks, provide notarized documentation to that
effect in order that you payments can be aligned properly.
As with traditional loans, look for the penalties that would ensue if you
default on a payment to avoid surprise later.

8. Alternative Funders with Alternative
Payment Systems
There are other alternatives to repaying loans from these lenders. One of the
more popular that is just making headway is selling a portion of your credit card
sales against the amount of the loan.
Other possibilities include factoring your future invoices, which is selling a
portion of your invoices that are current but outstanding to the lender : the lender
becomes the party that is paid by the company or party that received a credit line
on his/her purchase.
continued...

9. Alternative Funders with Alternative
Payment Systems
In spite of the fact that merchant cash advance funding puts money in
your pocket for a signed agreement, technically these are not loans.
This is why, unlike conventional lenders, they can take a percentage of
future sales or outstanding but current invoices as payment in kind.
What those who have studied this method of funding and those who
have availed themselves of this method agree on is that it does benefit
entrepreneurs and small businesses that are shut out of traditional
options.

10. Thankful Message
Wesley Yuhn would like to thank you for watching
this short presentation.
Follow Wesley Yuhn on Twitter to keep updated
with his latest technologies. Find his twitter link
below:
https://twitter.com/WesleyYuhn1
Know more about Wesley Yuhn at:
http://www.wesleyyuhn.com/