Are you in the booming DIY industry? Are you interested in cash advances for your small business? How can you get one fast and easily? Read this article and you’ll know.
DIY Industry: Need Merchant Cash Advances?
DIY or “Do It Yourself” isn’t something new. People have been DIYing, well, throughout the history. The reality is that the internet and, particularly the social aspect of the internet, has helped the industry grow faster and more easily. Also, the industry has got new opportunities to grow thanks to the internet.
Why are people so much interested in DIY? Some of them use it a healthy way to avoid everyday stress. Others are willing to share their creation. Whatever it is, the ability to create, enhance, and push the limits of what one can do with little to no expense or elaborate resources is appealing to all those who like DIYing.
If you need quick access to working capital, cash advances are the right thing to go with. Turn to a reputable business funding provider that can help you get a merchant cash advance fast and easily. With the true professional in the field, you can enjoy the lowest-possible rates and exceptional business financing opportunities.
DIY Market Growth Is Booming
The DIY world is exploding. Home improvement such as home renovating and remodeling is the key segment in the DIY market. Also, it’s the largest one. According to Technavio’s market research, the global DIY market is expected to grow at a CAGR of about 3% from 2016 to 2020.
In 2013, the value of the global DIY market was estimated to be about 31.9 billion US dollars. In 2014, home improvement stores in the US accounted for almost 144 billion US dollars in revenue.
Baby Boomers are one of the key drivers of the spending on home improvement. Their influence on this market is expected to further grow.
According to Technavio, the industry is anticipated to account for $13.9 billion by 2021. DIY is now highly popular all over the world and resonates with so millions of people around the globe.
Author Bio: Business Funding expert, Michael Hollis prides himself on being able to help the backbone of America; small business owners. When he isn’t helping merchants, you’re more than likely to find him scuba diving the California coast or eating at one of LA’s tasty Vegan restaurants. First American Merchant is America’s Best cash advances company, serving both traditional and high-risk Businesses.