Running your small business can occasionally make you feel like you're all alone in the world. There are so many tasks and challenges involved and help is sometimes hard to find. You may have needs that you don't know how to meet, and it's extremely difficult to figure out how to meet them when you haven't been through the situation before.
There are a number of ways to get cash for your business when you really need it, but most funding providers just want to make money from your need and aren't really interested in you as a business owner or an individual trying to make his way in the world. Furthermore, many newer types of funding, from peer-to-peer lenders to crowdfund investors, are unregulated and too new to really get a feel for safety of use.
Advantages Of Alternative Funding
The business cash advance industry has been around for long enough to know that lack of regulation doesn't mean that anything goes. If you want to ensure that your provider will be a reliable funding partner, here are some things to look for:
--Avoid cash advance brokers, who are further removed from actual users like you. Dealing with a provider directly will give you better customer service and a real person to talk to if you should have any concerns or issues. If no representative is available to talk to you personally, you may want to look elsewhere.
--Look for providers that aren't less than 5 years old. The business cash advance industry is young, so even 10 years in the business is significant, but just one or two years should lead you to question whether that's a long enough track record to make you feel secure.
--Smaller may be better. A provider that has a smaller client base will be able to give each one more attention, so don't automatically think that bigger is better.
--Check out the provider's website. Do their pages and their blog demonstrate an understanding of your needs as a business owner? You can tell a lot by reading a business's blog.
--Look for BBB accreditation. You want a provider without complaints against them, since this shows a record of customer satisfaction and a level of diligence about the work they do.
Apply Now For Small Business Funding
The Focus Is on You
Business cash advance providers understand that an owner's credit may not be perfect. Lots of things happen while running a business, and many owners start with next to nothing and work themselves up to a profitable business. Along the way, though, there are often bumps -- normal ups and downs that make it difficult to keep up with invoices or expensive equipment failures that zap your cash flow for a little while.
Providers are much more interested in a strong income history than they are in a top credit rating. Unlike banks, business cash advance providers don't make you jump through hoops to prove your creditworthiness. A simple application process tells everything that is needed for a decision to be made and a fast answer given.
As a funding partner, a business cash advance provider knows that when you need cash, you need it fast. The ups and downs of your business could shut you down indefinitely without the help of a funding partner to get you back on your feet and climbing to the next rung on the ladder of success. Making you wait a month or two (as a bank would do) serves no purpose other than to hold your business back from its full potential.
But a funding partner has to be honest and accountable as well. For your own good, your partner has to tell you when getting a cash advance will do more harm than good to your business, and Quikstone Capital is that kind of funding partner. We will do everything we can to help your business get as much capital as it qualifies for, but we will also tell you honestly when a cash advance would not be a good idea for you.
Quikstone Capital Solutions has been providing small business owners with merchant cash advances to stabilize and improve their companies for more than 10 years. If you are in need of a cash to cover unexpected costs, or if you’re looking to make long overdue improvements, a merchant cash advance could be right for you. With the ability to quickly qualify and get your money in a timely fashion, there is no more convenient option.
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