What’s a Merchant Cash Advance?

A merchant cash advance is a type of financing whereby a firm sells a percentage of its future revenue in return for immediate payment. This form of financing provides funds for your company to cater for operational expenses and to grow. Depending on the type of business, there are various ways to pay back the financing line.

Initially, companies used merchant cash advance to finance future credit card revenue. Hence, most customers were restaurants and retailers. The product has evolved such that cash advance firms are able to finance any future revenue, disregarding the repayment mode.

How do they Work?
Majority of cash advance firms see these transactions as the buying of future revenue as opposed to a loan. Finance firms review your sales of credit cards, bank statements, commercial sales, and other information to determine the amount of funds to offer. These reports offer them revenue performance information that allows them to project future sales potential.

Calculating the Funding Amount
The funding amount is calculated through a combination of your revenue and your account’s perceived risk. Majority of cash advance firms advance between 80% and 150% of the average monthly sales on the basis of these parameters. A return factor is used to multiply the funding offered to determine the repayment amount. The return factor ranges between 1.09 and 1.50 and the payback period can range from 3 months to 15 months. After approval of the financing, the amount is deposited to your account.

Paying Back the Funds
There are various ways to repay the funds. If your credit card sales were funded, your firm pays the finance firm back via a portion of its daily revenue. This percentage is referred to as the retrieval rate and can be between 8% and 13% of the daily revenue. Through the implementation of split processing with the credit card processor, the amount is paid back. Repayment takes place by letting the cash advance firm deduct the amount from your business bank account through the AHC system. Because of this, various cash advance firms are called AHC loans. The finance firms will debit your bank account either on a daily or a weekly basis.

Pros of Merchant Cash Advances
The advantage of cash advances is that they can be obtained in a few days. Additionally, it is easier to qualify for a cash advance as opposed to a business loan. If your business is in urgent need of financing, this option can be ideal.

Cons of Merchant Cash Advances 
The major drawback of merchant cash advances is their high cost of financing. As a result, businesses should use it only when they can repay the amount and grow the business. Another con is that the value of cash advances is fixed like a term loan. In case your business has cash flow issues, fixed value financing is not the best option since it only provides a solution in the short-term. As a result, you might require to refinance the line a number of times. The best way to finance cash flow issues is to seek revolving credit like a line of credit.


SBA Microloans
Business owners can access SBA microloans of amounts up to $50,000. They are easier to obtain than bank loans and do not need good credit. They also come with management workshops and financial consulting, and this can be perfect for small companies.

Invoice Factoring 
These form of financing is used by companies that sell services and products to other firms. Since commercial sales are done on one or two month’s credit, this can result in cash-flow issues. You can factor your invoices to obtain immediate cash for paying operational costs.

Why Do You Need a Divorce Lawyer

When a couple divorces, it becomes a very emotional and stressful situation, even though this is a time that both individuals need to remain unbiased. There is much at stake for both parties from dividing up property to determining the custody arrangements for any children in the family, but letting your emotions take over can sabotage your efforts. That’s just one reason hiring an attorney to speak for you is often in your best interests.

A Divorce Attorney in Long Island Will Protect Your Rights
You probably aren’t thoroughly educated in the laws that govern divorce and child custody proceedings, so you may not know all of your rights. When you go to family court without an attorney, you’re risking significant losses, especially if your former partner has hired a lawyer. This puts you at a great disadvantage and squaring off against your ex-spouse’s lawyer can lead to devastating losses.

During a divorce proceeding, there are several issues that must be resolved. While the judge will make the final determinations in these matters, his decisions will be based on the evidence and arguments made by both parties. This means a well prepared attorney working for your spouse may convince the judge that you should relinquish more assets than is fair, or that you shouldn’t be allowed to participate in the raising of your children. A divorce proceeding is a highly adversarial encounter and an experienced attorney can help you arrive at a fair divorce settlement, including a separation of hard money assets.

An Attorney Can Even Help with Mediation
Suppose you and your spouse are able to handle the divorce amicably? In this case, you won’t need to go through a lengthy and emotionally draining trial, which can end up creating a financial burden for both parties. You would go through mediation, which is essentially an opportunity for you and your former partner to negotiate the terms of the divorce. You’ll work together to determine fair arrangements for the division of property, child custody, spousal or child support payments, and other details.
While you may be able to compromise, that doesn’t mean this still won’t be an emotional experience. You may demand more than you should, or relinquish rights that your ex-spouse has no right to claim. Hiring an attorney to help with mediation will ensure the meetings remain cordial and can help ensure the arrangements are fair.
Additionally, an attorney can help you ensure your spouse isn’t trying to hide their assets from you, which would cause the settlement to be based on false information. Your attorney will know how to search financial and legal records to uncover all assets in your former partner’s possession. As well as attempting to hide assets, your former partner may also be destroying personal property to keep you from getting it in a settlement, or they may be threatening you with violence. An experienced divorce attorney will know how to use the law to protect you from harm and keep the playing field level. While hiring a divorce lawyer does represent an added expense, during a difficult time, it should be considered an investment that can help you protect your future.

what is a waist trainer

Everyone wants to look perfect for the opposite sex. Women, especially, are held to a higher beauty standard than men. Women do whatever it takes to create the perfect pretty picture for men to admire. One of the things women are constantly pressured to do is have an hourglass figure.

This means grueling hours in the gym, dieting until everything loses its flavor, and using weight loss tools of all types. Have you ever wondered how Scarlett O’Hara felt wearing that corset? While it wasn’t a weight loss tool, it definitely helped create a pretty picture for men to admire. Enter the waist trainer.

What is a waist trainer? What is it training your waist to do? Is it an exercise or workout equipment? These are some of the questions that come to mind when people read the words “waist trainer.” Let’s examine what it is and what it does.

What Is A Waist Trainer?

There is a big difference between the waist trainer and other products. Other products are made of latex. They do not cinch the waist, so not giving the waist much definition.

A waist trainer is basically a steel-boned corset. When donned, it moves the floating ribs and rearranges the internal organs. The waist is cinched to within an inch of its life. The woman can’t eat much of anything because there’s no room for it to digest. She won’t be able to walk fast or run because she won’t be able to breathe. All she can do is look incredibly shapely.

What Is It Training The Waist To Do?

Many women wear corsets as back support. New mothers wear waist trainers to hold everything together instead of bouncing around. Following a C-section, some mothers are instructed to wear a corset. They could have a condition in which the intestine pushes through the abdominal muscles. It’s called diastasis recti.

Most women wear a corset for one night to a special event in order to look slim. Waist trainers do help women lose weight because they restrict the stomach from taking in too much food. That’s no reason to rearrange all your innards, though.

Is It An Exercise Or Workout Equipment?

A waist trainer was meant to be used temporarily as a one-time “lookin’ good!” kind of tool. Women should not wear a steel-boned corset to work out. Since the body pivots on the waist and hip, wearing something that severely cuts that movement won’t do the body much good. You won’t be able to reach, bend, or kick.

You won’t be able to breathe, either. With your organs squashed together, wearing a corset to work out will make you sick. If there’s anything in your stomach to throw up, you will. Do yourself a favor and work out without outside help, so to speak.

Waist trainers are perfectly safe to use if you only want to look good at company parties. If you have back trouble, by all means, wear a steel-boned corset. Just be sure not to wear them so tight they restrict your body’s natural movements, both inside and out. We want to see you happy and healthy!

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