About-Us
New Era provides short-term 3 to 12 months funds for a range of operational needs. Typically, our clients choose to finance temporary dips in cash flow, invest in new equipment, or make time sensitive inventory purchases. We provide funding for small and medium businesses in all industries nationwide with at least 6 months operating history and a minimum of $10K in revenue per month. A simple online application and 4 months bank statements can get you an offer in as fast as 4 hours.
New Era primarily provides your working capital funding though a merchant cash advance by purchasing your future receivables at a discount.
As a private provider of funding, New Era invests in projects that institutional banks may deny or simply might take months to complete. Our relationship with our merchants can be summarized as partnership for the duration of the funding: we are not a broker, we stand behind every investment from start to finish.
Benefits of a Merchant Cash Advance
Merchant Cash Advance is not a loan. One of the most beneficial aspects of MCAs for business owners is that MCAs are not loans. This means that instead of a payment book staring at you from your accounting books with pre-established due dates, you know the percentage of your receivables that you will use to repay the cash infusion. For you, the business owner, this means that your repayment amount is proportionate.
Fast Processing. Because an MCA is not a loan, it does not take us two, four, or more weeks to process cash advance paperwork. In fact, we can get you a response to your application within hours. This means that you can have access to the money you need, in your account, as soon as 24-48 hours after you submit your application.
Personal Partnerships. New Era also provides you with a partnership for the duration of your merchant cash advance transaction. Banks often turn around and sell your loans to other brokers, but we do not do that. We stand behind you and your Merchant Cash Advance for the duration of the investment process, from start to finish.
Some of the Industries We Serve
We provide unique financing options, and we understand that business owners have unique financial needs. Each industry comes with its own set of needs, services, products, and growth opportunities
Restaurants
The challenges of restaurant owners are many, and maintenance is one of the most crucial components. You are responsible for more than food – you are giving customers an eating experience.Restaurants
If you’ve already launched and have been running your restaurant for a while, you still face financial hurdles. Equipment breaks, customer bases change, and competition evolves. A Merchant Cash Advance can address all of these needs – and more.Retail
If you’re in the retail industry, you know that your opportunity as well as your challenges, can present quickly and your response has to match. Be sure to ask us how a MCA can help you reach your retail goals.Service Providers
One of the biggest challenges that those in the service industry face is the often lack of robust collateral. There are no storefronts filled with products that can be used for backing a loan.Hotels
Your lodging business is about more than providing a place for guests to sleep. You need to address all of their daily needs – 24 hours every day of the year.Healthcare
The healthcare industry encompasses a network of caregivers, patients, equipment, exam or treatment rooms, office space, and more. All of these components are crucial to the end-goal – the care of the patient.Perhaps you are a dentist and your waiting area is in need of a serious makeover. The financial infusion from a Merchant Cash Advance can help you take care of these needs, so you can keep taking care of your patients.
Green Energy
We provide companies with the capital to support their green energy efforts. Those companies reduce their negative energy practices and become eligible for financial incentives from the government.Oil and Gas Companies
The nature of the business means that production needs fluctuate – and access to almost instant cash is an extremely valuable and business-changing opportunity.Florists
Access to quick capital can mean the difference between staying in business and wilting away if the products in the greenhouse fail. Florists use MCA financing to support marketing, renovation, and updating efforts.Franchises
Franchise owners have demanding financial needs. There are issues for equipment and marketing updates, as well as staff hiring and training. MCA can help these franchise owners stay on top of these demands.Commercial Fishing
Business owners often need to take certain levels of risk. Whether it is repairing equipment, investing in new one or hiring new employees, an MCA can give you the financial support you need to reach your goals.Commercial Timber Industry
While the timber industry has existed in the US practically since the inception of the country, it is not considered a traditional industry, especially by banking institutions. It relies on a variety of sequential successes, from seeding to mill production.Commercial Trucking
A MCA from New Era can provide you with the capital to grow your trucking business. You can expand your routes, lease new equipment, and repair existing equipment, without having to wait the traditional 4 to 6 weeks for bank lending approval.We Understand the Needs of Business Owners Just Like You
Partners
There are hundreds of lenders out there, so we did the legwork for you. Our network consists of the top funding providers with different underwriting requirements. We will match your business needs with the right funder for you. Complete one application to apply. We securely save your information and you won’t need to refill the same forms over and over.
Affiliated Programs
- Are you limited to what you can fund?
- Do you have good deals?
- Are you hitting a ceiling in the amount of money you can fund?
- Our team will work with you side by side to get you the money you need to fund the best deals in the market.
Who We Are
Our Core Business Advantage
We streamline application and screening processes, business owners can have much faster access to working capital with New Era. Fast access to capital means that your business can propel and stay on track.
We also take a different look at credit history when compared to traditional bank lenders. Instead of looking back six years to a late payment New Era pays attention to the recent work history of the company. This relevant information influences the funding decisions. Also, because merchant cash advances supply business owners with necessary cash for daily operations, these owners are capable of using the funds as they see will best impact the company.
Another benefit of the merchant cash advance for small to medium companies is the repayment schedule. Unlike traditional loans, merchant cash advances are repaid based in part by sales, providing repayment flexibility to business owners.
New Era also provides you with a partnership for the duration of your merchant cash advance process. We stand behind you and your Merchant Cash Advance for the duration of the cash advance process, from start to finish.
If you are interested in gaining capital to keep your business running and take advantage of the increasing demand, perhaps it is time to talk about a merchant cash advance. Move beyond the long waits for paperwork approval and consider the benefits of fast decisions, flexible payments, and the opportunities that come with available working capital.
Skills We Use
I am very impressed with the high level of professionalism I experienced from the staff at New Era. The staff made the funding process as simple as possible. They were very efficient with processing the funds and depositing the them into my account. These additional funds have allowed me to purchase additional inventory for my power equipment business and provide a down payment for a future delivery truck.
I want to take a minute to thank you. It has been a sincere pleasure working with you on the servicing of our working capital through New Era. In these trying times it is a relief to have a source of fast capital to ensure the stability of cash flow for our business. Our funds have primarily been used to buy necessary inventory in anticipation of the new months’ growth-at the moment we project a 10 percent increase over the winter months. With conventional financing out of reach for most viable businesses today, your company provides an excellent alternative. I look forward to our continued relationship with New Era and I recommend you highly to my peers.
New Era has been a tremendous help to my company because, as an insurance agent, with no hard assets, it’s very difficult, if not impossible, to obtain funding through traditional finance channels. New Era has helped me grow my company and meet my goals. I wouldn’t be where I am today without the repeated funding from New Era.
First of all I would first like to say Thank You. Without the financial help that New Era was able to provide me as a small business owner I would not have been able to incorporate new equipment and products into our Day Spa & Salon. By offering new services we are able to turn a profit and keep our business thriving, which allows us to always be on the cutting edge in our industry and ensuring returning clientele. Even better, when our primary cash advance lender turned their back on us, New Era was able to step in and provide the capital to keep us running. Thank you so much.
First of all. Thank You! Thank You! Thank You! And Yes! Your funding program has elevated us to the next level in our business and helped us during our cashflow emergencies. I personally want to thank New Era for the attention and concern they have shown me. When I needed a financial hand, New Era was there. God bless all of you and your families.
I came across New Era when my company ran into some financial trouble that we were unable to satisfy by regular day to day means. When no one else could, New Era gave us the option of a working capital and let us pay it back fairly quickly by setting terms we could succeed with. Their willingness to work directly with my staff and professionalism to make sure the process was easy and smooth. All without charging me some exuberant excessive fee. I look forward to working with you again.