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All Press Releases for October 11, 2012 »
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Merchant Cash Advance Provider Looks to Small Business Lending Needs

According to the Small Business Administration, companies pulling in millions of dollars in revenue have no issues getting lending, but true small business owners face more challenges.
 
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    VAN NUYS, CA, October 11, 2012 /24-7PressRelease/ -- Merchant Resources International, Inc. (MRI, Inc.), a leading merchant cash advance provider, is pleased to be offering solutions aimed at those small businesses which all too often fall through the cracks at major banks.

The big news in the last couple of weeks for small business owners is that the Small Business Association has indicated that big banks have upped their loans to small businesses in the past year. This news should have small business owners leaping for joy, but the reality of the situation is that these loans are mainly being given to larger "small" businesses.

Ami Kassar, an expert on securing funding for small businesses says that the SBA numbers, while accurate, paint a picture of reality that is misleading. "If you have a decent company with revenue between $5 million and $20 million, banks will fight to give you a loan," said Kassar. "The problem is lower down the totem pole."

For many lower revenue businesses the struggle to get a bank loan can be insurmountable. Often the difficulties in securing capital are compounded by the strain businesses are under when they are just starting out, or due to the oppressive financial reality of the economic troubles the market continues to struggle under.

With so many business owners wanting to invest in their enterprises by hiring more people, acquiring new equipment, upgrading and renovating their storefronts, it is a serious issue that funding is so difficult to come by.

A solution to this problem for many businesses is offered by MRI, Inc., though their line of merchant cash advance offerings. The company is specialized in getting money to small businesses in need, and features a streamlined application process which can get money into a client's hands within a week. They also offer easy renewal for businesses looking to continue to expand.

With the challenges facing small business owners every day, it's important for them to be able to identify avenues of opportunity open to the when the big banks ignore their needs. And that's exactly what MRI, Inc. does for their small business clients.

MRI, Inc. is a Van Nuys, California based company that provides various funding products for small businesses. The company has been in the business of providing small business merchants with direct cash advances for over nine years. With a hefty 85% of their customers renewing their advances, MRI, Inc. has a demonstrated history of the provisions of services that small businesses crave. The firm holds an excellent rating with the Better Business Bureau.

Merchant Resources International, Inc. media contact person David Castro can be reached by telephone at 1-800-277-1750. The company's website is accessible at http://www.cashprior.com/, and details all of the corporation's services, as well as provides interested parties with further information about the organization.



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Contact Information:
David Castro
Merchant Resources International

Van Nuys, California
US
Voice: 800-277-1750
E-Mail: Email us Here
Website: Visit Our Website
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