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Cash Advances Seem To Be
An Economic Boost For
Small Business

Devastation of Katrina.  Cash Advance by Entrust Merchant Solutions
Despite fears of a slowing economic forecast, small business owners across the nation have made a considerable turnaround in boosting the bottom line. 

“Right after Katrina our shop struggled “..’til we got on our hands and knees and prayed that something good would come.” Says Michael Taylor, the owner of Starklet Cafe. 

Much of the concern about an economic slowdown is further fueled by rising gasoline prices.

According to Mr. Taylor, what saved their little shop wasn’t a bank, or economic aid from a government program, it was a cash advance.

“We aint know what to do, we had receivables comin’ in and took advantage of this...we sent in the application and took out a cash advance, which was twice of what we made every month.” Says Mr. Taylor.

Many aid packages including loans take time to process and deliver.  There is a certain amount of due diligence involved.  At the end, those in need of money often wait until their own resources run dry.

According to Mr. Taylor, “...you got money comin’ from many places like loans, and the government, but if it don’t get here on time, the need goes away, the problem goes beyond repair, then you’re in a hole you can’t get out of.” 

Perhaps the main attraction of cash advances seems to be the timing.  A business owner can be funded within a week. 

“We’ve funded over $5 Million within the last year.  Most of it has gone to business owners in need of a shot in the arm if you will.” Declares Ilya Fridman of Entrust Merchant Solutions, a company at the forefront of providing cash advances.

Despite the controversy over cash advances, the industry has grown more than 78% over the last decade.  Primarily because it is seen by business owners as a way to boost efficiency, progress, and support for the way a business runs. 

Thousands of business owners have come to find the benefits of a cash advance. 

According to Mr. Taylor, “Without the cash advance, heck, we’d might as well be floatin’ belly up in the Mississippi...” 


Here are some more testimonials for your perusal.

Entrust Merchant Solutions . 347 5th Avenue Suite 1210 . New York, NY 10016 (USA) .
(888) 320-0525 . FAX: (917) 677-8447 . sales@entrustms.com

 

All contents contained are subject to copyright laws.  © Copyright Entrust Merchant Solutions 2008.  All Rights Reserved.  2008. Developed by Zarrar

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