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A merchant cash advance is the best option when a small business requires a little capital urgently. It is most suitable for firms that largely obtain revenue from credit and debit card sales. These companies include restaurants, cafes and retail outlets. A merchant cash advance is technically a commercial transaction as opposed to a loan, and a borrower receives a lump sum amount in exchange for a percentage of their sales.
Repayments of merchant cash advances can are made in two ways. First, you can receive a particular sum of advance in exchange for a percentage of your future credit card sales. Second, you can get a lump sum amount that has to be repaid by transferring a fixed daily or through weekly debit from your bank account to the MCA provider. A MCA must be considered by a small business only when it needs immediate access to capital. For instance, when it wants to purchase the stock at a discounted price or invest in machinery. It can also be a convenient option for businesses that do most of its transactions via credit cards. However, businesses must express caution while taking a MCA as it can quickly put them through a vicious cycle of borrowing. If you are a small business, looking to get a MCA, here’s how you can apply.
Step 1: Fill the MCA application with your business tax ID, Social Security number, and other vital information.
Step 2: Provide documentations such as monthly bank statements, credit card receipts, proof of citizenship and a copy of the lease for your business premises.
Step 3: Get the approval for the MCA within 24 hours.
Step 4: Set up the credit card processing.
Step 5: Make the final agreement on the details of the merchant cash advance.
Step 6: Once the deal is finalized, the advance amount will be deposited into your account. The repayment through the merchant account will activate almost immediately. Typically, it takes about two days for the advance to be deposited into the business’ account after approval has been made.
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Everything you need to know about Insulin and its types
Read moreInsulin is a hormone that is naturally produced in a healthy individual’s body. Made by the pancreas, it allows your body to absorb glucose from the carbohydrates that your food carries and use it as energy.
The body cells do require enough sugar in order to function with enough energy. However, the sugar is not automatically directed into cells. This is where insulin makes the super entry. After consuming a meal, the sugar levels in your body increase and insulin is then released so as to absorb the sugar and bring drop into your bloodstream.
Insulin plays a very key role, as it helps keep a track on the sugar level as per your body’s requirement. It also carries excess sugar to your liver and releases it when your body is in need. Hence, insulin is a very important hormone that helps in keeping the sugar level balanced in the body. When the pancreas does not produce enough insulin, you are likely to develop high blood pressure. If this goes on for a long period, then you are at the risk of suffering from diabetes.
Diabetes can be classified into two types – one being type 1 diabetes and other is known as type 2 diabetes. Type 1 diabetes is a more severe case as the pancreas is no more able to produce insulin. This causes sugar in the blood that is not controlled. Type 2 diabetes is when the body does not respond well to the insulin produced in the body. Artificial Insulin is used to treat both the stages, however, a person with type 1 diabetes will require a constant dose of insulin to avoid further damage.
The types of insulin that are used to treat both – type 1 and type 2 diabetes
Rapid-acting insulin – This type of insulin is taken either before or after a meal, especially to control the sudden spike in blood sugar due to the meal. It works quickly within 15 minutes and generally taken in addition to a long-acting insulin.
Long-acting insulin – This kind of insulin works several hours after being injected and works for up to 24 hours.
Short-acting insulin – This insulin is generally given after a meal and can be effective for up to 3-6 hours. This one may be taken in addition to a long-acting insulin.
Intermediate-acting insulin – This type of insulin is generally taken at night as it works for up to 12 hours. It can be used in addition to short-acting insulin or rapid-acting insulin.
Your doctor will guide with the type of insulin that you should be given depending on several factors.
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Here’s what you need to know about low carb diet plans
Read moreBiologically, carbohydrates are a form of starch or polysaccharides (sugars). These are broken down to glucose by the liver and released into the blood for energy supply. This energy is called calories. So, once the required amount of glucose (glycogen as its form is called) is released, the calories that are in excess gets converted into fat that will further gets stored in fat cells for later use. Processed sugar or foods like pasta, bread, candies, rice, etc. are calorie rich and if consumed in excess it may lead to high sugar levels in the blood or weight gain. It is more likely that you will be suggested to restrict your carbohydrate intake if you are a diabetes patient or someone who is trying to lose weight. A plan that restricts or limits carb in a diet is what low carb meal plans are all about. Such a diet plan is not only low in carbohydrates but also high in proteins and fats.
Most low carb diet plans teach one of the simplest concepts of keeping your preferred food as something that is low on carb or can be called whole foods (or unprocessed as they are called). A good start here ussually is to include a lot of fruits and green veggies which are very low on carbohydrates. Fruits are also high on fibers that give the required energy while keeping the blood sugar levels under check. There are several diet plans available abundantly if you run an online search which all have the same basic that teaches you to train your body. Training your body involves burning fat (the stored energy) with low carb foods and not sugar (additional supply) as a source of energy. Here are a few tips that most low carb diet plans may propagate. These plans can help you to cut-down the intake of your carbohydrates on a daily basis.
- Maintain a log of what you eat and how many carbs each does that food contain. This lets you keep a track on the amount of carbs you eat. It is also an easy way to refer back for the number of carbs in foods that you eat regularly.
- When you refer to a diet plan that is available online, then do note the exact brand of ingredients. The calories may vary for each product.
- Plan your meals ahead of time. Knowing what you have to eat will reduce your temptations.
- If you have to check-in to a restaurant for food, browse for their online menus which will help you track your calorie count and order your meal accordingly so that the nutrition of your meal can be recorded.