Sep 20, 2017
Know Exactly Why You Need the Money
Determine why your small business needs a merchant cash advance and be prepared to elaborate on how those funds will help serve the purpose of growing and expanding your business. Your prospective funder will want to know the details, so be ready!Prepare All the Necessary Documents
Merchant funding providers like Platinum Rapid Funding Group ask business owners to provide certain financial documents when applying for a loan. These papers include, but are not limited to, personal tax returns, business income tax returns, balance sheet, business license, income statement, article of incorporation, driver’s license, personal and business bank statements or logins. Know where all of these documents are, and have them ready so this part of the process can progress smoothly.Be Prepared to Prove Your Business
Whether through photos, an on-site visit or a FaceTime call, merchant funding companies like to validate your business’ operation and will ask to see your working facility.Landlord Verification
If you’re renting your business location, or even if you own, be prepared to provide the necessary documents to prove ownership through a mortgage statement, or by providing the contact information to your landlord. It’s helpful to give your landlord a heads up that the merchant lender will be calling, just to quickly verify that they are in fact your landlord, and that you’re paying your rent on time.For more information and help getting your business organized for funding, call Platinum Rapid Funding Group: 866-905-5444.
Sep 18, 2017
Your business is growing and you undoubtedly need more capable hands and minds working on your team. Your business is thriving, but one bad employee can hinder growth and team morale, so it’s wise to take your time and know the signs. Hiring is one of the most difficult tasks that a business owner or manager faces. Everyone wants to find someone that is a dependable and honest addition to the business. Every candidate is seemingly on their best behavior in an interview, and while their skill set on paper is what may have landed them in the chair in front of you, it’s the interview that will lend a view on their behavior, personality traits, and interpersonal skills. Hold off on those offer letters and read on. Here are some signs that the candidate sitting in front of you may not be a great future employee.Read more
Apr 14, 2016
Platinum Rapid Funding Group has become the exclusive funding partner of the Asian American Hotel Owners Association (AAHOA).
AAHOA has over 15,000 members and is the largest hotel owners association in the world. "Our enthusiasm to create this new relationship serves as the galvanizing force that will assure we attain deliverable results for AAHOA," said Platinum CEO Ali Mayar. The company originated more than $100 million in funding last year alone.
AAHOA's mission is to advance and protect the business interests of hotel owners through advocacy, industry leadership, professional development, member benefits, and community involvement. "We are delighted to partner with Platinum Rapid Funding and look forward to sharing their services with our members," said AAHOA President & CEO Chip Rogers. Platinum's unique business model is said to have played a role in AAHOA's selection, including among many other attributes, their "white glove" service.
This content was issued through the press release distribution service at prnewswire.