The coronavirus outbreak is shutting down our service economy. Besides the usual suspects — restaurants, bars, gyms, etc. — we have a whole host of products and services where demand is collapsing.
It’s tough sledding when demand is vastly reduced or just plain stops.
One area where we won’t see declines is around digital commerce. As widely reported, Amazon announced plans to hire 100,000 warehouse workers. Many of the sellers on these platforms will be in need of cash to survive or to meet demand, and thus keep workers paid, including employees and gig workers.
While merchant cash advances (MCAs) may not be the cheapest form of generating quick cash flow, they are fast and are not a loan, but a sale of future receivables.
Online Options for Small Business Term Loans > 250K
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Online Non Bank Models for Small Business Term Loans
Last week we talked about a couple different online lending models for small business– Merchant cash advances and invoice finance platforms. Today, we look at […]
The Devil is in the Detail – Different type of Marketplace and Peer to Peer lenders
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