Los Angeles-Long Beach, CA (1888PressRelease)
January 09, 2009 - The National Retail Foundation’s monthly Stores Magazine, released its annual report of the Nation’s fastest growing retail companies, in August.
Included in this report was the “Hot 100” chart, a list of the top 100 stores that experienced exceptional growth in 2007. “Stores focused on the publicly-traded retail companies with annual revenues of $100 million or more that had the greatest increase in year-over-year revenues,” as stated on the magazine’s website.
Many of the companies that made the list are franchised and process daily credit card sales, making their owners eligible to receive a business cash advance from Merchant Resources International.
Ihop (now nearly 99 percent franchised) which ranked number three on the list, Panera Bread, ranking at number 11 and Buffalo Wild Wings, which took the number 27 spot, are only a few of the “Hot 100” chains whose owners may be eligible to receive up to $500,000 in business funds from Merchant Resources International.
Merchant Resources International has already provided funds for McDonald’s franchisees (which also made Store’s “Hot 100” list) and is looking forward to making business financing simple for owners of various other franchises across the United States.
In addition to funding franchises, Merchant Resources provides business funds for privately-owned businesses. To be eligible to receive a business cash advance, a business must process at least $5,000 in monthly credit card sales. The business must also be owned by the same owner(s) for a minimum of four months.
Interested business owners will be asked to submit the last four months of their business’s credit card statements when applying for a business cash advance (one year of credit card statements if the business is seasonal).
For more information on receiving business cash advances for franchises and/or privately-owned businesses, please visit http://www.cashprior.com/cash_advances.php. Business owners may call the Merchant Resources International direct, toll-free line at (800) 277-1750 and a funding specialist will be happy to offer information and assist inquirers with the application process.
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