Welcome to the newest edition of the Merchant Advance Video Blog series, returning for the new year! In case you missed them, the Video Blogs let none other than Merchant Advance Capital President and CEO David Gens answer some of the most pressing questions about the alternative lending space, as chosen by readers and small businesses like you. This week, the Video Blog asks:
What Business Types Are Suited to Merchant Advances?
There are so many different small businesses out there in the world, and as it turns out most of them can benefit from the way merchant advance funding works differently when compared to a traditional loan (for another entry in the video series explaining a few of these differences, click here!)
There are, however, some businesses for whom merchant advance financing is particularly beneficial based on the way they conduct daily sales transactions with their customers in a storefront/brick and mortar space. Watch the short video below to learn more!