What Are MCAs Used For? Why use a MCA? Many retailers use the cash advance to purchase inventory and or get inventory discounts with large purchases.  I myself have noticed several restaurants and retail stores have been out of items they normally carry in abundance.  Shortages in 2021 may...

Merchant Cash Advance Funding The MCA or merchant cash advance funding is very popular with small businesses as a way to get access to cash in a hurry.  If your business receives money through credit card transactions this may be an excellent option for you if the bank is...

Paycheck Protection Program Ending As we come to the end of May and the end of the PPP, funding for small businesses is changing. Hopefully we will see the economy come back to life and stores and restaurants open fully.  Many small and large businesses took advantage of the...

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PPP LOAN DEADLINE EXTENDED Good news!  The Senate passed legislation to extend the Paycheck Protection Program to May 31st of 2021. With the signature of President Biden the bill will also extend the time the Small Business Administration has to process loans by 30 days.  This is excellent news...

Covid-19 Impact on Businesses in 2021 As you probably know many businesses closed their doors in 2020 due to the Corona-19 virus.  In my neighborhood I noticed the new local Pizza restaurant has a For Lease sign in the window.  Even major chain restaurants have closed some locations due...

YOUR BUSINESS IMPACTED BY COVID 19? It’s no secret that the Covid 19 virus has had an enormous impact on the business world, especially here in the United States.  Businesses of all kinds have had to quickly develop solutions to try and minimize the spread and remain open at...

NEED HEALTH INSURANCE? The SBA Freedom Protect Plans marketed by David Allen Capital, Inc.  are not your typical health coverage.  SBA Freedom Protect is a partially self-funded health care coverage program regulated by ERISA.   The Employee Retirement Income Security Act of 1974 (ERISA) is a federal law that...

CRUISING THE HIGH SEAS A lot of things to consider when planning to sail on the high seas. Should you smuggle your adult beverage of choice or buy the expensive beverage package offered by the ship? What month is the best to travel? Well if you’re a business owner...

CREDIT CARD FEES Are you looking for the best credit card processing fees? As a small business owner, I’m sure you know that accepting credit card payments from your customers is vital to your success.  Customers today want to be able to use their credit cards for all their purchases, even...