Los Angeles-Long Beach, CA (1888PressRelease)
January 08, 2009 - Recently released by Entrepreneur, was the list of the hottest types of franchises for 2009 or “Franchising Hot Spots”, and Merchant Resources International is positioned to provide owners of these franchises with merchant loans for their businesses.
Included in this list of hot franchise areas are frozen yogurt, pets, children’s services, party/event-related services, fitness and personal care. Owners of franchises in these fields can contact Merchant Resources International to receive merchant loans. Merchant loans can be used to upgrade equipment, purchase inventory, finance renovations, or even to open another franchise.
These types of franchises are projected to thrive this year due to the fact that even in the midst of tough economical times, consumers will utilize many of them. “…our nation is so focused on its children that, even in the worst of times, franchises serving children's needs continue to grow,” writes author Sara Wilson. “According to our research, children's franchises collectively grew by almost 600 in their U.S. franchise counts since 2008.”
Also, according to the article, “men's salons/barbershops and massage services franchises…have enjoyed vigorous growth over the last year.”
These “hot” franchises are eligible to receive merchant loans because most of them process daily credit card transactions. Processing daily credit card transactions is an important requirement for receiving a merchant loan because merchant loan repayments are made via small percentage deductions from a business’s daily credit card sales.
Many franchisees have already taken advantage of Merchant Resources International’s merchant loans. These include owners of Fantastic Sams (personal care), Sylvan Learning Center (children’s services), Max Muscle and GNC (fitness).
For more information about financing franchises with merchant loans, please visit http://www.mymerchantloans.com. Franchisees who are interested in receiving a merchant loan may also visit http://www.mymerchantloans.com, or call (800) 277-1750 to speak directly to a funding specialist.
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