The Green Sheet just published an article on the current state of the merchant cash advance industry entitled, The squeeze in merchant cash advance.
Like I've said all along, the 2007 Merchant Cash Advance model doesn't work. There will only be a few legitimate merchant cash advance providers doing any real volume when the dust settles.
Note to Merchant Cash Advance Providers: It's not how much you fund a month, it's how much you can collect back. To those providers that don't understand, you need to be able to collect the money back to make a profit and stay in business.
Monday, November 23, 2009
Sunday, November 15, 2009
The Merchant Cash Advance Blog has become the most popular blog in the merchant cash advance industry. I am pleased to announce that in the following the steps of this blog, that the Merchant Cash Advance Blog is now on Twitter. I welcome you to follow me on Twitter for the latest updates in the merchant cash advance industry including breaking news, industry trends, etc. You can find this on Twitter at http://www.twitter.com/mcashadvance.