16
Jun

Beware Of This Small Business Funding Scam

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Fraudsters based in Nevada have been running a small business funding scam that takes advantage of companies that are having a hard time raising the capital they need for investment or cash-flow issues. The angle they are using is to present themselves as ‘grant researchers’ that will find money from government grant programs for their clients for an up front fee, which often amounts to thousands of dollars that victims of this scam never see again. Because small businesses have had difficulty obtaining funding through such traditional avenues as bank loans or from investors, they have become vulnerable to the high pressure tactics used by the people running these scams.

and all that is required is the payment of an upfront fee in order to get the needed information for filing your grant. It might be a good deal if it were actually true, but business owners that have fallen for this scam never see a dime from any government grant because the fraudsters simply take the money and run.

It may sound like an attractive offer, to get cash from the government that you can use for your business, that you do not have to pay back,

, there is a way to get the cash you need for your business. As long as you generate an adequate flow of credit card receipts, it should be very easy for your business to qualify for a merchant cash advance. This is not a loan or a scam, and it does not require you to put anything up front. A merchant cash advance is an easy way to get small business funding by selling your future credit card receipts to a provider at a discount. This way you can quickly get the cash you need and simply pay it back as your business continues to generate credit card receipts, without the need for any up front fee.

There is no need to feel so pressured that you could be vulnerable to a scam like this one. Even in an environment of tight credit and very little investment capital

To get up to 5 free business cash advance offers click here!



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