LRB Lending

Daniel Bresach, CS, CSW is #hiring. Know anyone who might be interested?

The epidemic of corporate downsizing in the U.S. 🇺🇸 has made owning a business 🏢 a more attractive proposition than ever before. As increasing numbers of prospective buyers 🧑💼 embark on the process of becoming independent business owners, many of them voice a common concern: how do I finance the acquisition? 💸 Prospective buyers are aware that the credit crunch 🏦 prevents the traditional lending institution from being the likely solution to their needs. Where then, can buyers turn for help with what is likely to be the largest single investment of their lives? 🤔 There are a variety of financing sources, and buyers will find one that fills their particular requirements. (Small businesses – those priced under $100,000 to $150,000 💵 – will usually depend on seller financing as the chief source.) For many businesses, here are the best routes to follow: 🚀 At LRB Lending Team we have products for most any situation. Reach out and see how we can help

How Businesses are Confronting Credit Card Fraud Vulnerabilities in 2024 In an increasingly digitized world, small businesses face a myriad of challenges, with credit card fraud sitting high on the list. Let's explore how businesses are tackling their credit card fraud vulnerabilities and safeguarding their financial health. Types of Credit Card Fraud Card-Not-Present (CNP) Fraud: This occurs when transactions are made remotely without physical access to the card. E-commerce platforms are particularly vulnerable to CNP fraud. Card-Present Fraud: This involves physical theft or cloning of credit cards. Although chip technology has reduced the prevalence, it remains a concern. Account Takeover: Fraudsters gain control of a user’s account to make unauthorized purchases. This type of fraud is often facilitated by phishing attacks. Friendly Fraud: Customers make legitimate purchases but later dispute the charges, claiming fraud. This type of fraud can be challenging to identify and prevent. Strategies for Confronting Credit Card Fraud 1. Investing in Advanced Fraud Detection Systems Technology is at the forefront of combating credit card fraud. Invest in advanced fraud detection systems using artificial intelligence (AI) and machine learning (ML) to identify suspicious patterns and flag potential fraud before it occurs. These systems analyze transaction data, customer behavior, and historical fraud patterns to offer real-time protection. Example: Fraud detection platforms like Signifyd and Kount are significant investments but they have become essential tools for small businesses. They offer comprehensive solutions that integrate seamlessly with existing payment systems, providing robust fraud prevention without disrupting the customer experience.

If you're a small business struggling to secure funding from traditional banks, you're not alone. 😟 Many entrepreneurs face hurdles when applying for business loans due to strict lending criteria, limited credit history, or lack of collateral. But don't let that discourage you. 💪 Alternative funding options are available that cater to businesses like yours, offering more flexibility and less rigid requirements. Whether you need a term loan, a line of credit, or equipment financing, there are solutions designed to support your growth and help you overcome financial challenges. 🚀 Click the link for more information https://lnkd.in/etrvfVsQ

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📣 Attention Business Owners and Startups! 🚀 Are you looking to take your business to new heights but need some financial support? We have exciting news for you! 🎉 Introducing our exclusive 0% interest funding program designed to fuel your entrepreneurial dreams! 💰💡 🌟 0% INTEREST: No interest for 12-20 months! We want to help you achieve your vision without burdening you with high-interest financial stress. 🌟 EXPERT GUIDANCE: Our team of seasoned professionals will be by your side, offering valuable insights and guidance to help you navigate your business journey successfully. 🌟 FAST APPLICATION PROCESS: Say goodbye to lengthy paperwork! We've simplified the application process to save you time and effort. Get the funding you need without unnecessary delays. 🌟 NO NEGATIVE CREDIT IMPACT TO APPLY Visit https://lnkd.in/erkwae5b to apply today with no negative impact to your credit! 📲 #Entrepreneurship #FundingOpportunity #ZeroInterestFunding #BusinessGrowth #Startups #EmpoweringEntrepreneurs