5 Great Ideas for Using the Money from a Merchant Cash Advance

You have some ideas for taking your company to the next level, but an infusion of cash is needed. You could look into options for small business loans or you could make use of a strategy that does not involve keeping up with one more payment each month. That strategy is known as a merchant cash advance. Here are five ways you could put the money from the advance to good use.

Invest in New Equipment


Staying competitive means determining if replacing some older pieces of equipment would make your operation more efficient. If so, you can use the money from the cash advance to buy and install whatever is needed. The increased efficiency allows you to accomplish more while consuming fewer resources. As a result, your operational costs are lowered. Over time, that will improve the net profit generated by the business.

Fund the Development of a New Product


Thanks to consumer feedback, you have an idea for a new product that is sure to appeal to your clientele. The only thing is that you need an infusion of cash to turn the idea into reality. You could check private small business loans and determine if they would work, but you can also utilize a merchant advance. The latter allows you to repay the debt with easier terms. You also don’t have to keep up with making payments, since the merchant keeps an agreed upon percentage of every card transaction that your business processes.

Launch a New Advertising Campaign


Expanding your client base typically means tapping into sections of the consumer market where you have less than a stellar audience. A new ad campaign would help you continue to build in the sectors where your business already has a reputation and help attract attention from new ones. Finance the effort with a merchant advance and the campaign is paid for up front. You’ll barely notice the minimal amounts the merchant keeps and be surprised at how your increased business volume allows you to repay the merchant faster than expected.

Make Improvements at Your Place of Business


If your business is open to the public, it may be time to improve the looks of the place. An advance will make it possible to invest in new furnishings and other elements to make those public areas more appealing. A welcoming setting will go a long way toward motivating customers to keep coming back.

Consolidate Other Debts


The bookkeeping would be simpler if you had fewer debts. Depending on the repayment terms associated with the advance, you could use the money to consolidate debts with higher rates of interest. Along with retiring the debts faster, you also improve the business credit score and save money over the long term.

If you have an idea for making a good thing better, look into the idea of a Thinking Capital merchant cash advance today. It could be the solution you’ve been seeking for a long time.

Concern Grows on Iran Abuses


Concern is growing among circles of Iranian nationals and expatriates that European countries are turning a blind eye to the regime’s human rights atrocities in exchange for trade benefits.

Late last year, the U.N. General Assembly approved a resolution criticizing Iran for human rights violations. It cited new restrictions on freedom of expression and the persecution of political and religious dissenters. The resolution, the 52nd such measure by the United Nations against Iran, was approved 71-54, with 55 abstentions. The world body said Iran was facing a “worsening situation” regarding freedom of opinion and expression.

Human Rights Watch reported that the Iranian judiciary was using threats of lengthy prison sentences and coerced televised statements in an attempt to cover up its arbitrary detention and torture of internet journalists and civil society activists.

However, despite the U.N. resolution and the Human Rights Watch report spotlighting the problems, many Iranians inside and outside the country, as well as human rights activists, are concerned by what they see as appeasement by three leading E.U. countries, France, Britain and Germany. Word has spread that in return last October for Iran’s promise to halt its uranium enrichment program, which could be used to develop nuclear weapons, there would be political concessions made. Reportedly included would be a milder position on human rights issues.

In one Iranian human rights case that drew international attention, Canadian photojournalist Zahra Kazemi died in custody in 2003. She was arrested while photographing families lined up outside Tehran’s notorious Evin prison waiting to visit prisoners. The journalist’s arbitrary arrest, torture and subsequent death were further compounded by refusal to release Kazemi’s body to her son and a sham trial, in which a scapegoat for the death was cleared.

Kazemi’s death was only one of many human rights violations of which Iran has been accused. Last month, Hajieh Esmailvand, an Iranian woman convicted of adultery, was facing death by stoning, according to Amnesty International. The Iranian Penal Code states that women will be buried up to their breasts for execution by stoning, and the stones should “not be large enough to kill the person by one or two strikes, nor should they be so small that they could not be defined as stones.”

The stoning death sentence was not an isolated incident. Zhila Izadyar, a 13-year-old schoolgirl, was sentenced to be stoned to death after being convicted of having an incestuous relationship with her 15-year-old brother, Bakhtiar. The boy was sentenced to 180 lashes, plus prison.

Hanging was ordered for a retarded 19-year-old woman on “morality-related” charges, after being forced into prostitution by her mother, and a religious judge ordered hanging for 16-year-old girl for “deeds incompatible with chastity.”

Boys have not escaped hanging sentences either. One 16-year-old who in self-defense allegedly killed someone attempting to sexually abuse him faces the noose — but not for two years. In this case, there is a law barring the execution of juveniles under 18. As a result, he will be imprisoned until he is legally old enough to be hanged. There are three other imprisoned minors awaiting the same fate when they turn 18.

During 2004, approximately 230 Iranian prisoners were executed or received death sentences. Recently, state-run television aired video of eight prisoners dangling from a gallows in southeastern Iran. Opponents of the regime have compiled the names and cases of 21,676 political prisoners executed by the government since 1981, and they claim this is less than one-fifth of the actual number.

Continuing concern over prisoner executions and other rights abuses rose even higher after an AFP news story on Oct. 21 that said Europeans promised to help on a range of “political and security issues” and would continue to regard the main Iranian resistance group “as a terrorist organization.” On Oct. 24, the state-run Jomhouri Eslami paper wrote: “European counterparts have stated explicitly that they are prepared to close Iran’s human rights file.”

The news confirmed Iranian expatriates’ previous worries that the E.U. had struck a deal with Iran in 2002, in which it would not go before U.N. Commission on Human Rights and General Assembly and accuse it of human rights abuses. Since that date no resolution on human rights in Iran has been sponsored by the E.U. before the commission — unlike the previous 20 years.

Last year’s passage of a U.N. General Assembly resolution accusing Iran of human rights violations is a good sign, but much more needs to be done. Rights violations in Iran are continuing, so international condemnation of them be should be maintained. Otherwise, Iran’s clerics might get the wrong message.

Nooredin Abedian taught in Iranian higher-education institutions before settling in France as a political refugee in 1981. He writes for a variety of publications on Iranian politics and issues concerning human rights.