Merchant Cash Advance Industry Expects Monster Month in April, 2012

NEW YORK, NY, March 30, 2012 /24-7PressRelease/ -- The Merchant Cash Advance Industry networking site predicts that April will be the biggest month for alternative financing of 2012. The pre-summer season is traditionally very strong as it is a good time for retail businesses in the northern part of the country to prepare for tourists, outdoor shoppers, and warm weather spending euphoria. Raharney Capital, the firm behind is also an industry authority in tracking the volume of Merchant Cash Advance transactions being conducted every month. Sean Murray, the CEO and founder of Raharney Capital says there has been a substantial uptick in not only the amount of small businesses receiving funding, but the average size of the deals themselves.

In past years, the financing range offered by Merchant Cash Advance providers was relatively uniform. It was safe to say that a small business could expect to qualify for as low as $2,500 to as high as $250,000. $17,000 was about the industry average. But recently the scope of what exactly constitutes a Merchant Cash Advance transaction has been semantically broadened and deals are being closed for more than a million dollars on a regular basis. It's no longer practical to calculate an average size and therefore any published industry statistics will refer to a median deal size in the future.

Just how big will April be? "It's tough to quantify exactly," said Murray. "What we do know is that the approval rate in this industry tends to move in cycles. When other economic factors are strong, approvals are loose, fast, and easy. The Dow is at 13,000 right now and unemployment has decreased rapidly. If you're a small business owner, you're going to want to make a move now. Not September, not next year, now. Underwriters are feeling very generous and optimistic about the applications they get." No doubt part of it is due to what a few in the NYC finance scene refer to as "Cherry Blossom Syndrome". Though no data exists to to prove it, there seems to be a temporary spike in the approval rate that coincides with the blooming of the cherry blossoms on the east coast. Combine this with the actual positive economic data coming out of Washington and next month's funding figures are poised to be huge.

President Obama coined the phrase 'Recovery Summer' in 2010. He had the right understanding and idea, but he was completely off by two years. Raharney Capital is inviting all small businesses to educate themselves on the financing options that are available. "Don't put faith back in your bank just yet," said Murray. "We can help you connect with the best choice ourselves or you can browse through the vast directory of experienced Merchant Cash Advance providers listed on the Merchant Processing Resource ( ... -directory). Your underwriter isn't going to tell you how easy or fast the process will be, that's the salesperson's job. But from what've seen and who we know, underwriters are starting to sound more like the salespeople." An approval is not 100% guaranteed and there are still minimum criteria, but if you were waiting for the right moment to make a move, there's no better time to apply for $2,500 or $2,000,000 than when your financing company is under the influence of the cherry blossoms. Join us in the real Recovery Summer. is a networking service operated by Raharney Capital, LLC. We are not a lender. For more information, please contact:

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