Small Business Loans: The Little Guy's Bail Out?

I don't know if it's just me, but the evening news seems just as depressing now as it did before President Obama signed the new economic stimulus plan. People are still getting laid off right and left, and businesses that have been opened for years or even decades are shutting their doors for the last time because they can no longer afford to keep them open. I don't know what I was expecting. I guess I was hoping that the economy would be like a Disney movie and the minute Obama signed the bill, pixie dust would rise from his pen, causing the sun to burn brighter, the birds to sing, money trees to sprout in everyone's backyard, and hundreds of new jobs to open up.

Obviously, that hasn't happened yet. While certain big names may be getting bail out money, the little guy probably won't be. As such, he's going to have to turn to other sources to finance his business's day-to-day operations or face the same demise as companies like Circuit City, Sharper Image, and Goody's. Merchant Advisors offers one source of finance for the little guy, small business loans. What differentiates Merchant Advisors' loans from other small business loans is that you don't have to have perfect credit to get them, even in today's economy. That's because Merchant Advisors' requirements aren't as stringent as traditional lenders. In fact, approximately 90 percent of applicants are approved for one of their loans. Furthermore, the turnaround on one of Merchant Advisors' small business loans is quick. The loans tend to be approved within 48 hours of application, while funds from the loans can be deposited in the applicant's bank account within five to seven days. Merchant Advisors come with one additional plus when money is tight--no application fee or closing costs.

For the financially strapped, Merchant Advisors also offers a cash advance based on a business's expected future credit card sales that can be paid back over 12 months, as well as the ability to accept credit card payments in your store and online. The ability to accept credit card payments is something that I have given some thought to as I've been setting up my blog design site, as more and more people are using credit these days. They might be more inclined to purchase a design if I accepted something other than PayPal. Of course, before payment forms even become an issue, I have to get some designs up for people to buy. Right now, I'm so busy drawing and redrawing the girl's head in that site's header that I haven't gotten to that step yet. Assuming that I don't get another 10 a.m. call from my real estate agent, I plan on working on the other designs tomorrow. I know. I know. I probably just jinxed myself, but that is the plan nonetheless.