We recently released a new white paper entitled Merchant Cash Advance: Not for Every Business. Is it Right for Yours? If you did not yet get a chance to read it, you can do so here, or by clicking the linked title above.
This White Paper is the third in a series addressing current issues impacting the Merchant Cash Advance (MCA) industry. The focus of the new White Paper addresses helping business owners to make more informed decisions, specifically decisions regarding their business’ potential working capital options.
To quote from the press release:
“This White Paper urges business owners and their advisors to make “informed choices” of whether an MCA—or any working capital solution -- is the most appropriate option for their business. Through education, investigation, preparation and planning those informed choices become smart business decisions.”
Digging a Little Deeper
In the next few blogposts we publish, we intend to look at some of the specific points that are put forth in the White Paper and delve deeper into what it could mean to small business owners. The intent is to use these posts and the White Paper to help every business owner make better decisions when they are considering a Merchant Cash Advance.
Specifically, we will use the blog to address whether or not a Merchant Cash Advance is the best way to raise cash for your business and we will compare some of the criteria on what might be considered the “good” and “bad” uses of an MCA.
Our goals for these posts are that we want you to be able to look at specific scenarios facing your business and be able to understand where an MCA could make a smart decision, contrasted with the situations where it would not be as prudent.
As always, if there are any comments or points you’d like to make, we encourage you to do so.
What do you think? Which White Papers have you read that have helped you to make a better decision for your business?
- ▼ December (5)