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MerchantCashAdvanceIndustry.org Presents Restaurant Loan Alternative
MerchantCashAdvanceIndustry.org Presents Restaurant Loan Alternative
January 12, 2012 Finance news in Manhattan,New York, United States of America
The Merchant Cash Advance industry is proud to present an alternative funding option to restaurants in need of capital. Traditional restaurants loans are scarcer than ever before.
FOR IMMEDIATE RELEASE
Manhattan,
New York,
United States of America
(Free-Press-Release.com) January 12, 2012 --
The Merchant Cash Advance (MCA) industry is announcing their plan to support restaurant owners in their quest for job creation. Recent data compiled by MerchantCashAdvanceIndustry.org indicates that 10% of all employed Americans work at eating and drinking establishments. Restaurants are nearly impervious to technological change and as such, a heavy portion of the workforce continues to experience success in that industry.
Further research confirmed that there is a precise mathematical model to create jobs through the growth of restaurants. In the state of Alabama for instance, for every 1.2 cents that each restaurant earns additional per day, 1 new job is created. This micro-level statistic is inspiring. Small business owners can be proud that every cent increase in sales, puts an American back to work.
But growth is difficult and restaurant loans are hard to obtain, so today the MCA industry is announcing their commitment to help. Capital is available to all business owners so long as they accept credit or debit cards as a form of payment. Rather than make fixed monthly payments, a percentage of every card sale will be withheld and credited to the balance. This pay-as-you-grow method is far superior to the straight line amortization model. There are no due dates, nor any collateral required.
Additionally, the MCA industry would like restaurants to share how much they were able increase their daily sales volume as a result of this funding. These figures will be used to calculate how many jobs that will ultimately create. This is a unique opportunity for the MCA industry and restaurateurs to partner together to restore America.
Too many bureaucrats believe that alternative energy will lead to miraculous job growth but the answer has been in front us all along. We believe restaurants are the future of America's comeback.
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