What comes to your mind when you hear the word funding?
Quick, secure, helpful, and, perhaps, cash advance. It is pretty heartening to see how cash advance is becoming a major part of our lives. Whenever we need to boost our working capital, clear debts, upgrade inventory, or anything that pushes us forward in the desired direction, we are always in the look for a cash advance.
Such has been the dependency over the years that whenever we need to consult about funding or fetch funds, we don’t think of anyone else but alternative financing institutions. They have, indeed, changed the dynamics of the funding. Much of that credit should go to firms like Cresthill Capital/Mantis Funding. They have been the crusader of the change.
Sometimes, we do think why did this happen? Until 2008, things were pretty fine. Traditional channels were helpful and we had a good source of funding. However, after the Great Recession, they turned things upside down. Credit score and Collaterals became a mandatory part of the approval. The requirements of the SMEs were tossed into the bin. Empathy replaced rigidness. And, small and medium businesses started to go bankrupt.
Things were gloomy and we needed someone to step up. Thankfully, a group of wise men came to restore the balance. They understood that SME owners are also an important component of the economy. Hence, they designed flexible offers with easy repayment schemes. To add a cherry on top, they brought their system into place which measured the creditworthiness with the real factors instead of the superficial ones.
In short, they made things simple for the user. For us, it is now a matter of spending a few hours online or calling their support team at platforms like that of Cresthill Capital Complaints to ensure that they take action on our application immediately. And, if they deemed us to be qualified after their holistic background search, funds are transferred into our accounts within 24 hours! Besides, they don’t put any limitations on the applicant. As an SME owner, you are free to use their funds for your business the way you want it.
However, what we as SME owners really need to ensure is that we keep limited fluctuations in our transactions. Our overall sales should meet the desired number and the business model should reflect transparency and consistency. In case, you feel that due to some reasons you are unable to maintain the consistency in your transactions then don’t worry; they have different factors on which they measure the creditworthiness of an application. These factors include:
● The revenue stream of your business
● Expenditure patterns
● Social media behavior
Going through these factors gives firms like Cresthill Capital/Mantis Funding a broader view of your business needs. Thus, they are able to prepare a customized deal with flexible cost structures.
However, your cash advance will very much depend on the sanctioning firm. For instance, when I needed funds for my retail store, I looked up a lot of reviews on various platforms like Cresthill Capital Complaints. Then, I contacted them to have a proper idea of how they are as a partner and what services they can offer. After talking to 10 different firms, I made my decision to go with a merchant cash advance from Cresthill Capital/Mantis Funding. After a successful run of 5 years and a good partnership of 6 years with this firm, I can assert that they are trustworthy, professional, and the best to work.
Similarly, it is imperative for you to understand that your research will determine the success of your funding. Moreover, you have to escape the plots played by dishonest dealers. They can hamper your growth.