Posts
What Kind of Businesses Use Merchant Cash Advances?
What Kind of Businesses Use Merchant Cash Advances? Small and medium-sized businesses are increasingly turning to Merchant Cash Advances (MCAs) for fast access to capital without the red tape of traditional loans. Rather than borrowing, MCAs provide a lump sum in exchange for a percentage of future sales or receivables—making them a flexible option for…
The Small Business Owner’s Guide to Financial Statements
Hey there, small business owner! Are you ready to dive into the world of financial statements? Don’t worry if numbers aren’t your thing – we’re going to break this down nice and easy. At Swish Funding, we believe that understanding your financials is like having a superpower for your business. So, let’s embark on this…
How to Qualify for a SBA 7 (a) Loan for your Small Business?
SBA 7(a) Loans are a form of funding for small business owners and entrepreneurs. The SBA 7(a) loan program provides long-term, low-interest loans to qualified borrowers who demonstrate an ability to repay the loan within the terms of the agreement. A typical SBA 7(a) loan is used to start or expand a business venture, purchase…
Is Your Small Business Facing a Liquidity Crisis? Here’s What You Should Do.
When a small business is facing a liquidity crunch, it can be an intimidating and overwhelming situation. A liquidity crunch is essentially when cash flow slows down, making it difficult for the business to cover its short-term obligations such as payroll and supplier payments. This can put the survival of the business at risk and…
Signs Your Business Requires Working Capital Loan
When running a small business, it’s not uncommon for owners to face financial difficulties. When these troubles start to accumulate, the need for additional capital may arise. Working capital loans are one possible solution and can provide short-term financing that helps bridge any cash flow gaps in your business. However, understanding when you need to…