Working Capital
Here are a few examples of how an MCA benefited other clients
Expand your business or add additional locations
Sometimes the only thing holding back business expansion is the availability of working capital. Your business may generate enough sales to make up any investment very quickly but when dealing with banks and investors, you might find the money you need is not readily available to meet your demands.
Some business owners choose to use a One West Financial Merchant Cash Advance in place of traditional business loans when expanding. Some business owners use a Merchant Cash Advance to augment other financial efforts. In either case, the flexibility and simplicity of this working capital product helps the small business owner realize goals for expansion and more.
If your small business is seeking expansion, you owe it to your efforts to see how a Merchant Cash Advance might handle any incurred costs.
Increase your product line, add seasonal merchandise, meet unexpected expenses
Retail and specialty store owners often need to rotate their inventory to meet customer demand or to just stay fresh. To meet the demands of professional and seasonal cycles, many One West customers have taken advantage of their Merchant Cash Advances to stock-up, add to, and diversify their inventory.
Purchase New Equipment
Many One West customers have used a Merchant Cash Advance to purchase restaurant equipment such as commercial appliances, point-of-sale register systems and transaction counters. Other owners have purchased spa equipment, displays and many other items necessary to improve their perceived value and improve each customer experience.
New equipment purchases are often difficult for the average independent small business owner. Many of these business owners are happily surprised to learn that with a Merchant Cash Advance, processing credit card sales works like a hidden asset. Equipment purchases are not difficult when the necessary business capital is accessible and a Merchant Cash Advance improves the accessibility of small business working capital.
One West Financial’s Merchant Cash Advance can make new equipment purchases feel painless. The application is quick. The funding process is simple and fast, putting working capital in-hand in as few as 72 hours.
Get what you need to get back to work. A Merchant Cash Advance keeps it simple.
Advertise and promote your business with new marketing programs
Advertising and Marketing programs are common uses for a Merchant Cash Advance. Working capital allows a small business owner to place ads in local papers and publications, hire consultants, pay for promotional materials, creative costs and more. Every marketing project needs a budget, and using a Merchant Cash Advance can be a smart way for a business owner to manage cash flows while getting more from every effort.
Buy out a partner
Many small businesses start out as partnerships. In time, if one or more of the original partners want out, a Merchant Cash Advance might be used effectively to buy out their interests. When applicable, this funding can make the buy-out procedure more painless and efficient for all parties involved.
Buying out a partner can be an excellent way to use a Merchant Cash Advance to build equity in your business.
Perform renovations
One West Financial's Merchant Cash Advance allows small businesses to completely renovate or just “freshen-up” their image. Add some new tables or a bar to your restaurant, put some new color on the walls of your shop. There are probably a million things you might do to renovate and improve your business, and a Merchant Cash Advance can help you stop dreaming and start doing.
Use a Merchant Cash Advance for renovations and you will see that business growth does not have to be difficult. If you need to take advantage of a timely opportunity, a Merchant Cash Advance is quick and easy... you could have money in-hand in as few as 72 hours.
