As requested, I am sharing my 2008 predictions for the merchant cash advance industry. In 2007, many merchant cash advance companies saw their fair share of bad debt. No matter how many merchants are advanced or how much money is funded each quarter, the bottom line is to expect losses to eat into industry profits. In 2007, many companies attempted…

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December is traditionally the slowest time of the year for merchant level salespeople. Merchants are busy trying to take advantage of the holiday rush and don’t have time to re-evaluate their merchant processing. This is a great time to dust the cobwebs off the business plan you put together for 2007 and plan for the next year. Review the goals…