FAM Provides Cash Loans as an Alternative to the Traditional Business Loan

Los Angeles, California, May 19, 2016 - - First American Merchant (FAM) offers small business owners the opportunity to bypass the strict credit and documentation requirements experienced with a traditional lending source. Thankfully, for the business owner who struggles with bad credit or a "high risk" categorization, FAM specializes in working with high risk business models. Their services and programs are specifically tailored to meet the needs of each industry it works with.

The advantage of working with an alternative lender – like FAM – is that small businesses can receive the cash loans they need quickly. In addition, unlike working with a traditional lender, FAM offers a simple, fast and hassle-free application process. Traditional business loans require tax returns and financials, and involve strict credit requirements and complicated contracts. With FAM's ACH business funding option, on the other hand, 3-6 months of business bank statements, a copy of your driver's license, a copy of a voided check and a copy of your lease are the only requirements. Once approved, business owners receive their funds in as little as 5 days.

FAM's ACH funding program, also known as "bank only" funding, allows merchants to be funded even if they don't have a merchant account. A business' gross monthly deposits are evaluated over the last 3-6 months. The amount available to the business is then based on that business' number of deposits and its average monthly revenue.

"Here at 1st American, we understand the challenges that high risk business models face. In business, growth doesn't always remain on an upswing. There may be dips and valleys along the way."

"A high risk business usually indicates higher volume and therefore the potential for greater profit. First American has the experience and flexibility from working with this business model to help you achieve success."

Located in Los Angeles, CA, First American Merchant Funding (FAM) boasts a large network of agents and numerous payment gateway options. Focused on "financing the American dream", FAM is proud to offer the services of a full support staff and robust financing options to a broad range of industries. FAM has one of the best approval rates in the business, and specializes in working with business' considered to be "high risk".