Blog

As a private funding company we have developed priceless relationships with our ISO’s, paid hundreds of thousands of dollars to them in commissions and put the future of our business in their hands. Trust has been built when promises were made and kept.

When I worked in a company that sold Lingerie, I needed to travel around the country to show the new styles (No, I did not model them) and try and make sales. I would meet people face to face only to feel uneasy about doing business with them. Although I was moderately successful, the amount of time spent traveling, being away from home and living out of a suitcase would swallow up time I could have been better spent managing the company and expanding the business.

Read more

   By now most people have received a statement from their insurance company and/or the Federal Emergency Management Agency (FEMA) letting them know how much money they will be receiving to repair the damage wrought by Super Storm Sandy.  Many of these people have not received the actual check in the mail yet, but at the same time they are anxious to get their repairs started and underway so they may resume living their lives as they did before the storm.  For the people who fit under this. Business Credit and Capital is here to help you!

Read more

  It is that time of the year again – time to pay off all those taxes to our government.  Every business needs to do this, and for small businesses it can be especially painful.  Unfortunately it is something that every business has to do to stay open.  Paying those taxes are an important part of keeping everything about your business legitimate and legal – so get right to it, call your accountant and have him or her start crunching those numbers.

Just to make sure that everyone is on the same page…payroll taxes involve paying all the taxes that are withheld from your employees’ paychecks.  Some of these taxes include social security and Medicare for you, the employer, and all the employees of your small business. There are also federal, state and city taxes that are owed to the government.

Read more

   As the year 2012 comes to an end we are all worrying about what 2013 will bring.  Big and small businesses are being affected by the economic crisis, and US retailers have reported the weakest sales since 2008.  These low sales rates are partially due to the lack of confidence within consumers in regards to the country’s economy.  The Wall Street Journal recently reported that consumer’s confidence has reached its lowest point in December since the month of July. While foot traffic remains the same, chief research analyst Marshal Cohen of NPD Inc. has stated that customers are spending less than they did last year during the holiday season.  Many shoppers and average citizens are worried about the chances that January 1st will bring new high taxes if Congress and the White House cannot resolve their issues to come up with a substantial budget plan to get us away from the “fiscal cliff”.

Read more

You keep hearing people throw out some fancy words at you.  Among them is “Merchant Cash Advance” or “MCA.”  People keep telling you that it can help or hurt your business, but do they really know what it is?  You have to do your own research, understand what an MCA is and what it entails.  Here at Business Credit & Capital we want to give you all the information you need about applying for the different loans in one place.  We do not want you hesitant, or feeling like you are missing a piece of the puzzle.  We give you all the pieces and then you decide in what way you want to put it together.

Read more

Times are tough.  Money is not floating around as freely as it used to be.  People are putting multiple locks on their wallet, only opening them for the most important and essential items that they believe they need.  The ripple effect of all this is that small businesses all over the country are closing their doors because they are not making the same amount of money that they used to be.  Instead of improving their business and advancing it so that they can meet the needs of consumers, they are down scaling because they too are afraid to spend a little and take the chance.

Read more

Even with the bad economic situation that the country is going through, also known as the recession, you are thankfully staying afloat and your business is running well.  Yes, you are working harder than you were a few years ago, and yes business might be a little slower, but you are still making ends meet at the end of every month and you are able to pay all your employees and suppliers.  You are living happily as you see the unfortunate problems that many of your fellow small business owners are going through.

Read more