FAM Provides Hassle-Free Alternatives to the Traditional Business Loan

April 14, 2016 - PRLog -- Los Angeles, California - First American Merchant (FAM) offers merchants a variety of business loan options, regardless of their "high risk" categorization. These business funding options are quickly becoming a popular alternative to traditional business loans, which involve strict credit requirements, extensive documentation and complicated contracts. With FAM, the business funding programs are simple and flexible. In addition, the application process is fast and hassle-free.

For example, one of First American Merchant's most popular financing options, the merchant cash advance, provides merchants with funds in as little as 72 hours - sometimes even sooner. Merchants with credit scores below 500 are approved, and no tax returns or financials are required. A cash advance involves FAM purchasing a business' future sales at a discount, making this funding option different than a short term loan - a cash advance is simply a sale. With FAM, both parties agree on the amount of sales to be purchased, and at what discounted cost.

Another alternative to a traditional business loan is FAM's popular ACH funding program, also known as "bank only" funding. This is a great option for merchants that do not have a merchant account, since having one is not a qualification requirement. This business loan alternative allows merchants to obtain the working capital they need to grow at a reasonable cost.

First American Merchant specializes in working with high risk business models. The long list of industries the FAM services include: automotive repair, auto sales, medical and dental services, electronics, furniture, exercise equipment, home improvement, veterinary services and more. The experts at FAM have developed an application process that is fast, simple and hassle-free. Merchants can also expect high approval rates and an easy collections process.

"In business, growth doesn't always remain on an upswing. There may be dips and valleys along the way. A high risk business usually indicates higher volume and therefore the potential for greater profit. First American has the experience and flexibility from working with this business model to help you achieve success."

Located in Los Angeles, CA, First American Merchant Funding (FAM) boasts a large network of agents and numerous payment gateway options. Focused on "financing the American dream", FAM is proud to offer the services of a full support staff and robust financing options to a broad range of industries. FAM has one of the best approval rates in the business, and specializes in working with business' considered to be "high risk". For more information, visit:www.firstamericanmerchant.com.