Does these so called alternative funding solutions work?

The New Alternative Funding Solutions – Question Is Who Else Would Want a Non-Traditional Business Loan?

There’s a new specific funding area which is developing very rapidly…

It is called alternative funding solutions or alternative lending solutions.

Best part is the range of new products provided.

Many business owners are not aware of options available to them.

As a small business owner…

After reading this update, you’re scratching your head thinking…

Why do alternative funding solutions matter?

And why did no one bloody tell us about alternative funding solutions… 

You most likely face daily challenges.

Especially the difficulties of managing your cash flow, right?

We both know the realities of seasonal credit demands.

And time gaps between your business expenses and actual income.

For example…

You’ve just received new inventory.

And suddenly there’s unexpected demand and sales drop.

You’re fretting because how are you able to pay capital on time.

More often than not, you will need to take out some form of a loan.

After the stock market breakdown of 2008…

The traditional financial institutions went through a period of restructuring.

There was a lot of new banking compliance measures set-up…

Which impacted funding on a broad scale.

It meant banks have been very reluctant to give out loans.

Guess which sector was impacted the most?

That’s right, small and new businesses get punched below the belt…  

Seems kind of counter productive for the economy right?

The banks tighten the screws on us for their mistakes.

And you aren’t given a chance to break free from financial oppression.

I want to help you avoid stressing out about your cash flow road bumps.

Because you should have a fighting chance to make your business thrive.

You deserve access to the most effective tools.

Today we are going to explore alternative funding solutions….

This could give you the leverage you need to make more money.

Business Line of Credit:

Let’s face it, you don’t want a timing issue.

It’s stressful juggling bills and revenue.

The wrong timing can cripple your business.

Lines of credit are perfect for businesses facing seasonal credit demands, where businesses need small loans on a regular basis.

Banks offer a line of credit to most start-up ventures…

You may be given an unsecured line of credit if you can show a strong (almost flawless) capital position.

Including multiple sources of repayments.

And most importantly consistent earnings.

Lines of credit have much lower closings costs.

And you only make payments if you’ve got credit owed.

Here are some tips for establishing a line of credit with your bank:

• You must present reasonable financial documents that follow standard accounting practices.
• If you want a quick read on making financial reports check this article out.
• Lenders do not issue a line of credit to new ventures without owner’s personal guarantee of repayment.
• If the funding group is not satisfied with your primary and secondary sources of repayment they ask for your personal collateral to secure line of credit.
• If your new venture has more than one owner, the bank will collateralise from all the participating members to establish a line of credit.
• Ask about interest rate protection to protect you from rising interest rates, this may change year to year according to your track record.

Merchant Cash Advance:

If you’re a small business owner needing quick access to funding…

Perhaps you may want to take a closer look at merchant cash advance.

These funding providers are exactly what you are looking for.

Cash advance works by offering businesses a lump sum of money in exchange for a percentage of future sales.

Businesses which show strong credit card sales:

• Restaurants
• Service companies
• Retail

These business sectors could benefit from the cash advance system.

Did you know, in a lot of cases you can get cash advance with bad credit?

And little or no collateral, almost too good to be true right?

Yes, bit it is!

The key difference is between traditional business loan.

You see, these type of loan has a fixed payment schedule.

Now, in the merchant cash advance system…

There is no due date or fixed payment.

Instead you repay the advance with a percentage of your daily credit card sales until you have paid off the advance and the premium.

Bridge Loans:

Bridge loans are also referred to as “gap financing”…

And “interim financing” or “swing loans”…

Because these type of loan is used until your company secures more permanent financing or clears existing debts or obligations.

It’s a “bridge the gap” loan between times when additional financing is needed.

For example…

If you a fit out renovations, there is often a gap between time you profit.

Instead of taking out a new loan every time…

It makes sense to use a bridge loan which allows you more flexibility.

You could benefit from bridge loans if you need:

• Small amounts of funding to carry your business so it does not run out of money between major financings
• To keep your company afloat before handing it off to a larger investor
• A final debt financing to carry your company through the last stages of your acquisition.

Personal Loans:

These could also go under the heading of friends and family…

Let’s face it, we’ve all had to borrow money from loved ones before.

Maybe it was for lunch where you forgot your wallet.

And to get new phone before your check comes in…

But would you ask for their money to run your business?

The answer is absolutely NO…

Would you want to rely on friends and family as your foundation?

Would you relay on them as your support group?

Who do you go to when you get dumped or fired?

Successful business owners understand they should keep their business life and their personal life separate.

Although your personal life benefits when your business life prospers…

Your personal life does not have to plunge when your business crashes.

Would it make sense to set-up both your business and personal life?

Would it be great to be able to control how you grow your business…

Even when traditional financial options have let you down.

Listen, you don’t need amazing credit.

And you don’t need substantial asset collateral.

You can leverage other people’s money to build your business.

All you need is the right focus and determination.

So there you go, if traditional business loans aren’t an option…

You have alternative funding solutions to help you get money you need.

By the way, are you interested in alternative funding solutions?

I’d love to show you my simple 3-step system to help your business growth.

No hassle and minimal financial risk.

You’ll see why right now is a great time to get started…