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Article:
'A Merchant Cash Advance for Women ~ Owned Businesses'

By: David Castro

"..... Women-owned businesses also pale in comparison to men-owned businesses when it comes to size, as t..........merchant cash advance....."

"..... Women-owned businesses also pale in allegory to men-owned businesses when it comes to size, as t..........merchant cash advance....."
Women-owned businesses are a growing trend in Canada. According to statistics compiled by the University of Ottawa, approximately 47 percent of all SMEs (small and medium-sized enterprises) in Canada, include some degree of maidenly ownership, when 'majority women-owned' businesses account for approximately 17 percent of Canadian SMEs. It is evident that in the most recent years, more and more women have begun to go into business ownership, and the majority of women-owned businesses are new businesses, with 39 percent of majority women-owned little or medium-sized enterprises having entered the market within the over five years, states the report.

Still, in relativity to businesses owned by men, women-owned businesses generate below average revenue, have below average equity and frame expensive profitability. Women-owned businesses also pale in analogy to men-owned businesses when it comes to size, as the majority of women-owned firms (85 percent) are micro-businesses employing fewer than 5 people (Carrington, 2006).

The report states that one of the reasons for these numbers is the lack of capital in women-owned businesses. If this is true, a merchant cash advance has the potential to throw a woman-owned business to the next level. A merchant cash advance could serve as the working capital needed to increase revenue, expand a business, or execute other business plans.

The reality that most of Canada's women-owned businesses are in service-based industries, makes merchant cash advances ideal for most Canadian businesses owned by women. As the name hints, a merchant cash advance is an acceptable stock of business financing for hawker businesses, i.e. businesses that sale retail and/or services. According to the University of Ottawa report, in 2001, tetragonal in five fine and medium-sized businesses with over 50 percent of women ownership were service-based, compared to only 59 percent of SMEs owned by men.

How Does a Merchant Cash Advance Work?
Merchant cash gain ground lenders bribery a business' impending credit card sales. A business owner is then free to use the wherewithal for anything her business may need. Then, when customers make purchases with credit cards, a diminutive percentage from each sale is deducted, and put towards the repayment of the advance.

There are numerous advantages to the set-up of a merchant cash advance: The payments are deducted automatically, eliminating the obligation of making monthly payments that divers other types of paltry business loans impose. Acquiring a merchant cash advance is also generally very simple, due to the minimal requirements, and the speed in which wealth can be funded into a business owner's bank account.

There are a variety of funding options available for women in Canada. Women are able to utilize the various options of small in size business financing that are available to all unimportant business owners such as the Canada Small Business Financing Program. They can also use fine business financing grants and loans and resources that are especially for women, like the ACOA Women in Business Initiative, which focuses on remedial access to business financing for women. A merchant cash advance can be an excellent source of business-financing and can be used in conjunction with, or in corner of these sources of financing for women-owned businesses.

"..... Acquiring a merchant cash advance is also generally very simple, due to the minimal requirements, ....."

".........."
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David Castro often writes articles about www.mymerchantcashadvance.ca/'> Merchant Cash Advance for Merchant Resources International - To Learn more Visit Us at www.mymerchantcashadvance.ca/