Businesses that need extra cash to cover expenses or grow to the next level may be tempted to hold off or turn to quick fixes like merchant cash advances, only to find themselves stuck in a cycle of debt and strained cash flow. There are better financial solutions out there that can help your business mitigate risk and continue to grow, even in volatile times: lines of credit and term loans.

Watch this webinar from Josh Flake, Chief Credit Officer of Gateway Bank in Mesa, to learn how to cover expenses and fund growth without putting your business at risk.

For more information, visit gcbaz.com or call 480-358-1000.

Chapters –

  • Introduction: 00:00-04:50
  • What merchant cash advances (MCAs) are and why to avoid them: 04:50-20:25
  • Invoice factoring: 20:25-23:00
  • Better financing solutions – working capital lines of credit and term loans: 23:00-30:52
  • Comparing merchant cash advances vs. a working capital line or term loan: 30:52-42:00
  • How to qualify for a working capital line of credit or term loan: 42:00-46:55
  • Other business banking solutions – deposit products and services: 46:55-51:05
  • Top 3 tips for success + closing: 51:05-54:35
  • Questions from the audience: 54:35-end

The information provided in this presentation is for educational purposes only and should not be considered legal, tax, or financial advice. Please consult your own professional advisors regarding your specific situation.

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