Video: Understanding the Business Loan

Understanding how a small business loan or a merchant cash advance works doesn't need to be hard. Silver Rock Funding has put together a number of great resources for you. We have industry-specific pages that explain in detail how the process works in the restaurant industry, the fashion industry and more. We have also been featured in an e-book that explains in-depth what you can expect from this type of loan. 

Now, Silver Rock Funding has put together this one minute video that explains how the process works and what you can expect. For example, the merchant cash advance option is explained and so are many of the other great ways you can get your business funded.

Don't waste any more time not understanding your options as a business owner. Get one of the many small business loans out there for your business today. Silver Rock Funding, your destination for helping give your business the investment it deserves.

Bad Weather Business Loans - Silver Rock Funding Helps

Business Loans When The Weather Gets Cold

From blizzards to droughts, all businesses can be impacted by the weather. For many businesses that are impacted by the amazing storms gripping the Northeast, it is nice to know that there are lenders out there that are helping small businesses bridge the gap between the sunny summer

Businesses need to find cash when its cold too!

days and the hard winter. Silver Rock Funding has been proud to help many of these business from truckers who are having trouble with deliveries on the roads to the construction company that can't break ground because of the amazing conditions up north.

MCA: Why the Daily Payback Isn't Your Only Option

Merchant cash advances have long been a great way for these types of businesses to get money now, with the understanding that they can pay them back in daily payback without draining their savings. Plus Silver Rock Funding has small business lenders that are even spacing out their repayment terms into longer periods. Ask one of the funding managers about that today.

Regardless of the weather outside, every business needs to be prepared for the conditions ahead. What are you doing as a business owner to stay ahead of the changing conditions. HP did a pretty cool series on growing your business in any climate with serial entrepreneur Steve Blank. Check it out here:

Enjoy! And, of course, stay warm!

Bad Stuff: 7 Ways to Kill Your Productivity

John Meyer put together a great article in Entrepreneur Magazine that detailed the 7 habits that are killing your business. For small business owners seeking funding, guidance and small business loans, this advice is paramount when you start thinking about productivity. His list includes the following 7 points that can kill your workflow:

Don't Let Mistakes Kill Your Productivity

• Touching emails more than once.
• Meeting just to meet.
• Meeting without an agenda.
• Repeating mistakes.
• Using a phone as an alarm.
• Allowing app notifications.
• Being a chameleon.

While all of these might not fit exactly into what you do running your doctors’ office, your plumbing business or your food truck, it is important to note that all of us make mistakes and we need to reduce and minimize the crap we deal with. One of the merchants that Silver Rock Funding got money for actually wanted a merchant cash advance so that she could go out and hire someone so that she wouldn’t have to deal with front-of-the-house issues. This allowed her to focus on keeping the business cranking. This is a great example of how creating a clear and concise workflow can help. 

Whether you follow the seven steps outlined by John Meyer is, of course, your decision. But the point is, letting distractions derail your productivity in the small business world can be perilous and eventually harm your bottom line. Plus, don’t forget if you ever need a small business loan, you know where to turn!

It's Raining Something. Happy National Umbrella Day

Don't Rain on This Parade

So... February 10th. Good to see you again. Or as we like to think of it, National Umbrella Day.

Yes, there is such a thing. Today is a good day to "consider the many styles and sizes of umbrellas"...or "count how many umbrellas you own" or even learn how to care for umbrellas. At whatever juncture you get tired of such a task think of all the awesome entrepreneurs out there that have shops that happen to sell umbrellas. The 7-11 at the corner probably sells umbrellas and so does the high-end clothing store at the airport. Are there actually any stores out there that only sell umbrellas? Probably. There is an umbrellas.com and they probably crush it online today. Good for you guys!

For all those merchants out there that need money for inventory to buy thousands and thousands of umbrellas and need a business loan--you know where to go! SilverRockFunding.com where we can get you up to $500,000 for your business fast. Bad credit, no credit whatever. We've been featured in a new e-book on business loans as well if you are interested. Check it out. Don't let your business get rained on without the cash and financing you need.

Brokers are standing by ready to assist your business grow and thrive. Be like an umbrella and just block out the harshness. Get started on a small business loan loan.

Business Partners Open New Liquor Store to Serve Customer Demand while Assisting the Small Business Community’s Growth

Business Partners Drew Schlup and Clayton Unrein opened Broadway Wine & Spirits liquor store in response to an overwhelming amount of community feedback. The Sterling, Colorado, shop sells high-end wine and liquor products and features a drive through for customers that prefer to pick their spirits up at the window. The store is open seven days a week and has a suggestion box for customers to share input on specific products they would like to see sold on the shelves.  Broadway Wine & Spirits is just the tip of the iceberg for Schlup and Unrein as the proprietors have plans to create more businesses within the Sterling area in an effort to strengthen the small business community.

As the demand for beer, wine and spirits continues to rise, there’s no better time than now for small business liquor stores to expand.  One major roadblock most entrepreneurs and small business owners encounter in their efforts to grow is a lack of access to extra working capital.  By choosing Silver Rock Funding for your lending needs, small business owners can get the funding they need fast.  Silver Rock Funding will connect you with one of its highly skilled funding managers to discuss the needs of your liquor store and  guide you through a simple application process.  Once your application is approved within 72 hours, you can secure a merchant cash advance of up to $500,000 with the funds deposited into your account making sure you have the cash needed to grow and maintain your liquor store.  

Shoe Proprietor’s Company becomes Instant Success with Historical Shoes

American Duchess is a shoe store specializing in historical footwear and accessories from the 16^th and early 20^th century.  Lauren Stowell and her husband founded the business in 2011, and were initially skeptical of public reaction to their  product. After posting a prototype of a shoe design on her blog and website, it became an instant hit with shoe enthusiasts.  In order to find the distinctive shoes styles, Stowell visits historical museums, searches online and purchases them on Ebay.   The target audience is ladies and among the popular items sold are high quality leather shoes with dyeable silks, and accessories ranging from silk stockings to buckles.  

Shoe stores on average in the United States rake in a gaudy $20 billion in annual revenue, and it makes sense why entrepreneurs and small business owners alike are doing their part to grow their shoe business.  If you’re a small business proprietor in need of extra working capital to facilitate a remodeling or expansion endeavor, Silver Rock Funding is the industry leader for obtaining small business loans.  Silver Rock Funding works with a variety of small business industries, and will partner you with one of its top flight network of lenders.  The process is quick and the only thing required by the applicant is the submission of a brief application that takes a few minutes.  Since most loans are approved within 72 hours, you can acquire a merchant cash advance of up to $500,000 guaranteeing you have the best resource possible to bolster your shoe store.

Automotive Business Continues to Flourish in its Twentieth Year

Tim Fella has been in the automotive business for over 30 years working for a variety of car dealerships as a sales associate and parts manager.  After bouncing around from different dealerships, Fella became jaded by the grind and began to contemplate his next career move. Working for yet another car company was not in the cards, and he felt the best option was to launch his own business.  Fella owns Northshore Automotive in Wilmette, Illinois.  The company, now in its twentieth year, offers repairs and services for all makes and models of cars and sells used cars to patrons looking for a change from their existing automobile.   

Tim Fella’s brilliant concept to operate his business as a one-stop-shop for automotive repair and used car sales gives him an excellent opportunity to capitalize in the used car and auto repair market.  With steady improvements in the economy, more people are patronizing these businesses to take care of their automotive needs.   If you’re a small business owner running an auto repair shop or car dealership, operational costs for both can get expensive and having extra capital becomes a necessity.  That’s why it’s beneficial to work with Silver Rock Funding.   Silver Rock Funding has a network of the industry’s top lenders available to help you get the working capital to grow and expand your business.  Silver Rock Funding’s secure and simple application process is brief, and once you get approved within 72 hours, a merchant cash advance of up to $500,000 can be deposited into your account providing you with the extra cash for long-term success. 

New Nail Salon Debuts in Connecticut

 

The town of Torrington, Connecticut, welcomed a new business to the community with the opening of Nail Park, a nail salon specializing in manicures and pedicures.  The salon offers customers a variety of nail styles to choose from as well as a personal set of nail clippers and files to prevent reuse of the tools on other clients. The business is a few weeks old and carries a staff of five employees, but management plans to hire additional people prior to the summer, which is considered one the busiest times of the year for nail salons.  

Nail Park is currently offering special discounts on services through February as part of its grand opening.

The hair, skin, and nail industry’s annual revenue growth is projected to eclipse $50 billion within five years.  While there are obvious financial opportunities for entrepreneurs and small business owners to operate in this field, the cost of running one of these franchises can get extremely expensive.  For small business salon owners, finding extra working capital to grow can be difficult.  Fortunately, Silver Rock Funding can help you get the cash you need quickly.  Silver Rock Funding has a network of lenders that will work with you to gather the materials needed to complete your application.  Since most loans are approved within 72 hours, you are eligible to receive a merchant cash advance of up to $500,000 giving your nail shop the requisite funding necessary to flourish and grow in this competitive space.