First American Merchant offers small business and start-ups the opportunity to secure working capital, even if they’ve been denied by traditional lenders.
FOR IMMEDIATE RELEASE
Los Angeles, California - First American Merchant (FAM) understands how difficult it can be for entrepreneurs to secure the working capital they need to fund their business startup. All too often, these business ventures are denied funding from traditional lenders. The explanation given is that the business or industry is simply too “high risk”. First American Merchant, on the other hand, specializes in working with business owners that find themselves in this situation.
“We have some of the best approval rates in the business. We approve merchants that find it hard to get approved elsewhere.”
Without working capital, a business will be unable to purchase inventory, make payroll, or simply have extra cash on hand. One of FAM’s solutions is a bridge cash loan, also known as a cash flow bridge. A bridge loan is a short-term solution that provides a person or company to with immediate cash flow. With the ability to customize these loans, the cash provided can be used for the company’s unique obligations and needs. Whether it’s payroll, rent, utilities, inventory costs, or other expenses, FAM’s cash flow bridge can sustain the company until additional funding goes through.
Cash flow bridge loans differ from traditional loans. These loans are known for a faster application, approval and funding process. With FAM, merchants receive their funds in as little as 24 hours following approval. Traditional loans, on the other hand, involve long wait periods. Merchants can wait weeks or months, only to find out they have been turned down. If approved for a cash flow bridge loan with FAM, minimal documentation is required. There is no application fees to apply, and perfect credit is not a requirement. There are no hidden or late fees, and renewals are available if needed. In addition, the repayment process simply involves a small daily percentage of the business’ sales.
“Business is changing, and we're thinking of new and interesting ways in which we can help put you at the forefront of that change…we've built a large network to ensure you have the best options available to you, and we're still growing.”
Located in Los Angeles, CA, First American Merchant Funding (FAM) boasts a large network of agents and numerous payment gateway options. Focused on “financing the American dream”, FAM is proud to offer the services of a full support staff and robust financing options to a broad range of industries. FAM has one of the best approval rates in the business, and specializes in working with businesses considered to be “high risk”.