Pros and Cons of Personal Cash Advance Loans

Getting merchant cash advance loan from cash advance company means you will have a quick supply of short-term finance. This is helpful for small business merchants who are in immediate need of cash. In majority of the cases the advance plus fees are known to be repaid within 12 months.

The primary requirement for this is that you will have to make daily transactions with credit card. This is the reason they are called merchant cash advances.

Additional Conditions Applicable

  • $2500-$5000 monthly bills for credit cards. This might be higher considering the amount taken as cash advance.
  • Proof of the four months credit card history.

If your business is able to cater to these conditions, you have to take a look at the pros and cons of this kind of loans.

cash advance loan

Pros of Using Merchant Cash Advance Loans

  • The loan that you take from cash advance company doesn’t have fixed monthly payments such as bank loans. There is no interest rate or even pay off date.
  • You will not need a collateral. If your business ends up failing and the full restitution of the advance has not been made then the owner’s assets will not be at risk. In fact, if your business fails and the cash advance has not been repaid, there is not going to be any legal liability.
  • The repayment procedure is performed automatically. This is based on your credit card transaction. Thus, there is no chance of late charges from the overlooked due dates which might occur frequently with cash loans from the bank.
  • You have almost instant access to the funds. The advances are made within 24-48 hours.
  • There is better cash flow if you take loan from cash advance company. In case the sales are low for a particular month then you will have to pay less to the company. This is because they collect a certain percentage of the monthly sales.
  • Also, there is minimal paperwork.
  • In case you require cash immediately but can’t take a traditional loan from the bank or are unable to wait for the loan decision then it is the best way to secure some funds.

Cons of Using Merchant Cash Advances

  • These kinds of loan are more costly than the traditional financing.
  • Technically, these are not considered to be as loans. Instead, it involves purchase as well as sale of the future income. The advance doesn’t last more than a year. Hence, the cash advance company that are putting up financing do not have to consider the rules and regulations when it comes to the interest rates which the conventional lenders will follow.
  • The rates that you are going to pay are much higher.
  • A majority of the cash advance contract tends to prohibit the switch of credit cards processor. Hence, if you are not happy with the credit card processor, you are going to be stuck with till you have repaid the cash advance.
  • Encouraging someone to pay in cash for avoiding percentage of the sales to cash advance company is considered to be a breach of contract. This might lead to litigation.

business cash advance

Three Things You Should Know Before You Buy Gold Coins

Gold is considered to be the most precious metals in the world. It has been seen that people love gold in different forms. Now, people don’t buy gold only in the form of jewelry, they are going for gold bullion purchase. However, recent studies have shown that people are taking a keen interest in gold coins just like the gold coin for sale. The reason to invest in coins over bars is that purchasing gold coins is easier and it’s easy to trade with the items in times of crisis.


Gold: A Popular Investment 

Gold is one such metal which is witnessing a steep rise over the last couple of decades. The price of gold is not witnessing any form of decline. Rather, with the passage of time, its value is increasing.

Moreover, investing in gold coins or bars can offer a lot of benefits. Apart from helping to keep one’s wealth protected, gold investment can help during inflation. Moreover, it can help one to diversify their investment portfolio. Hence, before one starts to invest in gold bullion coins, one should take the help of experts.

Seeking Expert Help

When you have made up your plan to invest in gold coins, just like the gold coin for sale, taking the help of expert guidance is extremely mandatory. Only an expert and honest gold coin dealer can help their clients to choose a suitable coin according to their budget. Thereby, preventing getting ripped off by fraudsters.

However, before investing in gold coins one should always take the help of some experts. Care should be taken to ensure that some other person is present to make the purchase a s smooth and easy one.

gold coin for sale

Becoming a Wise Investor

If you want to become a wise investor, you should keep in mind the following things. They are:


Similar to the gold coin for sale, gold coins come with a small premium over the actual spot gold price. It’s because the coins are minted by the government fees that come with a fabrication fee.

Hence, gold bullion dealers can sell a 1-ounce gold coin approximately 4-5% over the recent spot value. Hence, before investing in gold bullion coins the credibility of the metal dealer should be checked.

gold coin sale

Bullion vs. Collector Coins

Customers should have a proper idea about bullion coins and collector coins. The price of a bullion coin is based on the recent gold price. However, the price of rare coins depends on its availability and year of mint.

Hence, whether one plans to buy gold or gold coin for sale at a moderate premium. However, rare coins can be a little bit to procure. However, in case the coins are in good condition, it’s worth waiting. 


When one plans to purchase gold coins online, delivery of the items might vary. Usually, for the delivery of the item 10-14 days might be required. However, the delivery of the item can get delayed sometimes. So there is nothing to worry.

All these points should be considered when opting for gold and gold coin for sale. Only then one would be able to make a good deal.

Green Office Supplies Canada: Make Your Workplace Environmentally Friendly

Are you looking forward to making our office sustainable? Well, you can do that easily. Modern office spaces are offering a lot of opportunities to go green. Apart from changing the lighting system for reducing the carbon footprint; one can be careful about the selection of office supplies.

Organizations when choosing office supplies Canada should be ready to adopt some changes. When organizations practice and implement some basic go green tips they can become environment friendly. However, they would be able to see the changes over time.

Take a look at the tips which are mentioned below:

office supplies in Canada

Changing the Travel Mode

It is a known fact that automobiles are hugely responsible for greenhouse gas emission and pollution. Air pollution greatly affects the environment. So while commuting to the office, one should always look out for alternative modes. For instance, one can opt for carpool instead of driving their car.

Using Paper Judiciously

Before placing an order for a paper from office supplies Canada stores, try to think if you really need them. For instance, if you just want a paper to print a document, think again. You can easily read the document saved on your desktop in PDF format. At the same time, if you need to print any document for office use, try to print on both sides of the paper. Reducing the number of pages would automatically save paper.

Putting Plant in Workspaces

Placing a plant inside a gloomy indoor place can liven up the space. At the same time, it can increase the level of oxygen inside the room and reduce the harmful pollutants. In fact, the office spaces can be decorated with English Ivy or the snake plant.

Green Challenges

Employees can be challenged for a month to go green. Care should be taken to ensure that employees don’t go for plastic utensils from office supplies Canada.

office supplies canada

Reducing Energy Consumption

The best way to go green is to switch off the computers when it’s not being used. Similarly, turning on the light only when needed can reduce carbon footprint and save energy.

Getting Rid Of Plastic Cups

Most offices of Canada make use of disposable cups on an annual basis. However, recycling them can be very confusing. Hence, it would be better if they opt for commuter mugs from office supplies Canada stores. It would reduce the impact on the environment.

Encouraging Reusable Containers

Plastic bags are often disposed of and not recycled properly. Workers should be encouraged to bring their lunch in glassware or reusable bags. It would reduce the impact on the environment.

Disposing Responsibly

Bins should come with proper signage. It would help employees to dispose of paper or other materials like hardware in the respective bins. It would ensure the materials don’t get mixed with each other.

Using Environment-friendly Cleaning Supplies

Conventional cleaning products can cause health problems. Employees can demand healthy products from office supplies Canada stores. Going for nature-friendly cleaning supplies can be good for the environment and health of individuals.

These are some of the steps if implemented properly can create an environment-friendly workspace. If you have more ideas, feel free to share with us.