Finance

When the need of the hour is funding and banks are reluctant to lend, restaurants still remain in need of funds for the business. Unsurprisingly, the alternative financing option of a merchant cash advance is a growth industry for restaurant finance. A cash advance very quickly brings money where it is needed with a quick approval process. The cash advance is repaid from a portion of future credit card receivables and amounts to the base amount advanced plus a fee that varies according to the terms of the agreement.

The auto market is recovering after more than 4 years of steady decline. Ford, GM, Honda, Chrysler, and Toyota are all reporting increase in sales . In 2009 14 million cars were scrapped while only 10 million new cars were sold, but with the loosening of auto loan rules vehicle sales in the first quarter of 2010 appeared promising.