How The Trump Effect Is Predicted To Heavily Impact Small Business

NEW YORK – DEC. 19, 2016 – As 2016 quickly approaches its end, Americans are just mere days away from an onset of many changes, including President-Elect Donald Trump officially being sworn into office. With many of these shifts right around the corner, financial analysts and small business experts have begun to discuss how the 28.7 million small business owners in the United States will be impacted once Trump enters the White House.

There are several ways in which small businesses will indeed be impacted come January 20th. Issues such as minimum wage, healthcare, taxes, trade policy and financing are just a few of the economic elements that will see change under the guidelines of the Trump administration. Much like our newly elected president, is pro-business and when it comes to our small business customers, we are definitely “pro-success”.

As our great country embarks on this newest presidential journey, looks forward to helping our small to medium-sized business owners by providing working capital, funding, merchant cash advances and many other alternative finance services as the loosening of the much more restrictive regulatory conditions of the past. Let’s take a look at some of these issues and how they will in turn affect U.S. small businesses with President-Elect Trump in office.

Merchant Cash Advance

Many financial experts are excited at the mention of the President-Elect’s proposed implementation of practices that will inevitably support small business, as well as, alleviate many of the regulatory restrictions that encompass the financial sector. In turn, this will benefit a large number of merchant cash advance customers.

Merchant cash advances have historically been thought of as a highly controversial financing alternative due to the high premiums that small businesses are typically required to repay.

Recent years have proven to shed a far more positive light on the cash advance industry with hedge funds and venture capitalists backing more and more investments. As it has become increasingly more difficult to obtain traditional bank loans, merchant cash advances appear to be experiencing a surge in both mainstream acceptance and substantial growth.

Minimum Wage

This presidential election proved both Trump and minimum wage increases to be top picks. Voters in Arizona, Colorado, Maine and Washington State supported ballot proposals that would gradually increase the minimum wage until 2020. As leaders are pressing Congress to follow suit by raising the minimal outmoded federal wage that currently sits at $7.25, thousands of small business owners, business organizations and executives have shown their support and signed the Businesses for a Fair Minimum Wage’s statement holding up a federal minimum wage of at least $12 by 2020.

Many experts contend that minimum wage was just far too low and that by giving it a boost, it will in turn increase consumer purchasing power. The proposed increase is also expected to lower employee turnover and increased productivity that will result in small business growth and sustainability.

Unlocking Capital Access

While Hillary proposed giving more access to business capital in order to relieve the extreme stress and strain on community banks and credit unions, Trump introduced the “New Deal”. His plan proposes such measures as new tax incentives for the inner cities and new micro loans, specifically for African American small business owners to assist in the capital needed for small business start-ups and the costs associated with the hiring process and employee training.

Many small business experts, such as, Karen Kerrigan, the President and CEO of the SBE Council report that they are looking forward to working with the new Trump administration. Kerrigan states that, “His plan of lowering taxes and making the tax code simpler, alleviating small businesses of unnecessary regulation and bureaucratic rules, competitive solutions for more low cost health insurance, knocking down the obstacles to capital access and arrangement.”

Federal regulations under Dodd-Frank have placed harsher restrictions on traditional banks and lenders that have proven to make it that much more difficult for many small to medium-sized businesses to be approved for much needed, working capital to aid in growth instead of standing by as small businesses permanently close their doors. Fortunately, the Merchant Cash Services industry focuses on the regulatory environment every day via self-regulation practices. Putting this into practice alone has fostered an environment in which many experts believe that Trump will not decide to change the conversation and get tough on the Merchant Advance Industry in the future.




800fund is a leading merchant cash advance and short-term alternative lender to small- and medium-sized businesses. It is headquartered at 30 Broad Street, New York, NY. For business owners interested in information on alternative funding services, please visit

Contact Information:, LLC

30 Broad Street, 28th FL. New York, NY 10004

T: (212) 865-3863

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