Tips

How to Respond to Negative Press

January 3, 2019
Article by:

bad press

Wondering what to do about negative press? deBanked spoke to some Public Relations professionals about helpful techniques to manage the situation. “When it comes to a negative story, we advise our clients to bridge back to something they are comfortable talking about,” said Bill McCue, Executive Consultant at Indicate Media. Bill McCue, Indicate media McCue […]

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What’s a Broker To Do? Industry Execs Offer Their Insight

March 12, 2018
Article by:

Free Advice

Below are excerpts from separate interviews with four industry executives when asked for tips or advice for brokers: “I would just say to be in it for the long haul. Play the long game. Be the kind of quality partner that you would want in return. There are some brokers and referral sources in this […]

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Google Penguin 2.1 Takes Swing at Merchant Cash Advance Industry

October 5, 2013
Article by:

google penguin 2.1

If you noticed a shuffle in search rankings for industry keywords last night, it’s because Google unleashed Penguin 2.1. Penguin 2.1 launching today. Affects ~1% of searches to a noticeable degree. More info on Penguin: http://t.co/4YSh4sfZQj — Matt Cutts (@mattcutts) October 4, 2013 Penguin focuses on spammy or purchased backlinks so if you did one […]

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Split Funding is Here to Stay

August 21, 2013
Article by:

split-funding

I’ll say it for the hundredth¹ time, the advantage of split-funding is the ability to collect payments back from a small business that has traditionally had average, weak, or poor cash flow. Let’s put that into perspective. There is a distinct difference between a working business with poor cash flow and a failing business. A […]

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When Merchant Cash Advance isn’t the Right Fit

August 12, 2013
Article by:

not the right fit

“I know you do a million in gross sales monthly but since you process only $5,000 in credit cards, we can only approve you for $7,000.” Before ACH repayment became mainstream, the MCA industry was incredibly restrained in its ability to help businesses. A merchant seeking a half million dollars with the cash flow and […]

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Factoring Construction Deals: It’s not impossible

April 18, 2013
Article by:

Construction Factoring Company

Being my first post in the Small Business Corner, allow me to introduce myself. My name is Steve Ontiveros and I’m the founder of The Factoring Place. I’m good at finding the right factoring company for my clients based on their unique situations. Factoring and MCA really aren’t that different. Each company seeking a merchant […]

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Don’t Get Banned by Your Target Market

March 19, 2013
Article by:

kicked out?

I’ve watched this happen a lot over the last several weeks, particularly on Google Plus. Businesses both large and small join a community, start posting links to their blog and then they get banned. Some are posting crap and others are posting genuinely good content, but the good content is being pushed on people and […]

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Small Business Loans for Men? Not a Good Idea…

March 18, 2013
Article by:

business loans for men

A man walks into a bank and says “I want to know what kind of programs, discounts, and benefits you offer for men owned businesses.” The bankers exchange glances with each other and reply together, “For men? Sure! We love men!” Sounds a little outrageous doesn’t it? Don’t worry, this doesn’t usually happen, at least […]

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Funding for Startups – An Ongoing Struggle

March 6, 2013
Article by:

baldies

Startup. Some people like the term and some people hate it. It doesn’t even mean the same thing to everyone. To some, the mega giant Groupon is a startup and they’ve been in business for almost 4 years and earned $638 million in revenue last quarter. To others, a startup is simply an idea for […]

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The Inefficient Merchant Lending Market Theory

March 5, 2013
Article by:

reputation

There are 4 major factors used to determine approvals in the merchant lending market: • FICO Score / Credit Report history of owners • Monthly Gross Revenue • Time in Business • Average Daily Bank Balance Only 1 of these factors considers the applicant’s reputation, and that’s credit reports. Credit reports reveal past payment history […]

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