Listly by Crest Hill Capital LLC
Most successful entrepreneurs have strong learning behind them. What they learned from their past ventures is what drives their present #success.
Maybe the first time you don’t succeed, but you will never know unless you try!
And if along the way you need some #funds, get in touch with us at https://bit.ly/2nSexUm!
Source: https://www.facebook.com/cresthillcapitalllc/
With the advent of more and more businesses taking credit cards as payment for their products or services, these companies must also need the infrastructure for taking these types of payments. Cash only businesses are becoming less frequent as more people use plastic. This is particularly true of businesses that only operate online. For micro or small businesses, letting customers pay with plastic can be cost prohibitive, making it nearly impossible for them to start up. They need a relationship with a bank and must pass rigorous requirements before a bank will allow them to take plastic. This is where independent sales organizations or ISOs come into play. Cresthill Capital
Cresthill Capital is a private, non-bank lender. Unlike banks, we specialize only in giving microloans to small businesses who need short-term loans to bridge gaps in their operating funds so they can continue to profit during slow times or unexpected events such as equipment failure or weather, or construction that could cause a problem for your regular customers to get to your business. These types of unforeseen events are frequently what can make a business fail.
You have suppliers that need to be paid, but you also have other expenses that must be met. If you are relying on your business as your sole income, unexpected problems can have a negative domino effect. Many times, you don’t need much money to get by. You could need as little as 2000 dollars, but if you go to your local bank to get this loan, you may run into several roadblocks.
With the advent of more and more businesses taking credit cards as payment for their products or services, these companies must also need the infrastructure for taking these types of payments. Cash only businesses are becoming less frequent as more people use plastic. This is particularly true of businesses that only operate online. For micro or small businesses, letting customers pay with plastic can be cost prohibitive, making it nearly impossible for them to start up. Cresthill Capital
Another benefit of merchant cash advance is that it comes with no strings attached. You can use the funding for any business-related activity. Perhaps you need to cover some urgent expenses or hire more employees. Liquor stores need steady capital flow because fresh products need to be added and inventory needs to be replenished to remain competitive in the market.
You may want to invest in a sophisticated security system because liquor stores are high-risk targets of robberies and other crimes. You may also want to use the funds for a marketing campaign to elevate your presence in the community.
Ready to give merchant cash advance a try? Let Cresthill Capital review your application and connect you with an appropriate funding source!
Capital funding companies exist to provide merchant cash advances to micro and small businesses to help them get over the rough spots. Their requirements for approval are different than banks and so are their repayment options. Crest Hill Capital LLC is one such company. When they are contacted, they will help meet the shortage of capital.
Even the best business ideas cannot take off unless you have access to fast and flexible funds. Unfortunately, conventional funding institutions like banks, do not consider small funding requests of the SMEs as they usually neither have a good credit score nor any asset as collateral.
This is where an alternative financing company comes into the picture. In order to receive funding for your business from a non-bank financing company, you must ensure that two factors must be strong. Your business expansion concept or plan as well as your revenue stream.
A vital part of expanding or growing a business is to acquire funding. Now, as soon as you hear of “acquiring funds”, the first thing that comes to your mind is nothing but a bank! Undoubtedly its the best option to go for if one has a great credit score and several assets to put forward as collateral. But what about those small business owners who have just entered this pool and have a zero credit score?
Did you know that 52% of the total employees in the United States of America work for SMEs and about 98% of firms are small businesses with not more than 20 employees? Well, that quite clearly states that small businesses are the real backbone of the American economy.
Are you a small scale business owner looking for fast and easy funding to expand your business? If yes, it is quite possible that will be considering alternative financing options very soon. The main reason for this is, conventional financing institutions like banks do not seem to fund small or medium scale businesses considering that they can neither offer collateral nor have a good credit history.
As a matter of fact, there are really a handful of small business owners who have a perfect credit score and collateral. Therefore, alternative financing happens to be the best option for entrepreneurs who wish to turn their expansion dreams into reality. Below are a few great reasons why you must choose non-bank funding over other financing options:
In business, growth equals survival. If you stay the same, then sooner or later, you will close down. Market trends, rivals, or change in customer demographics demand constant growth and innovation. But all this information is not new – any experienced business owner will tell you the same!
However, knowing you should expand and doing it are two very different things. Ideas, vision, and planning don’t cost anything; putting all this in action is where most businesses falter. And mostly because they don’t have the money to see their plans through!
For a first time entrepreneur, obtaining capital funding might be quite an intimidating, confusing and overwhelming process. With so many types of funding options available, different terms, cost structures, and also differing experiences, it might be useful to shed some light on what is really the truth in the financing world.
We cannot deny the fact that the growth of any company majorly rests on capital. The more money you invest in your business, the faster it will grow. Irrespective of the size or type of business, self-funding is something that you cannot count on every time your business requires liquidity. Limited funds are one of the biggest challenges in every small and medium scale business owner’s life. Therefore, at some point, you will definitely require financing from an external source for expansion.
Time and again, the alternative lending industry has proved to be resilient and robust. Economists are clear about the positive impact of alternative financial services on the health of medium and small enterprises, even when traditional banks seemed to have restricted themselves. This robustness has made alternative lending one of the top favorites among entrepreneurs and small business owners. But why and how? Let's delve.
No matter what is the size of a business, at some point in its journey, it will seek options that can finance it at the time of crisis. However, with a plethora of options available in the market, there seems to be an air of doubt when businessmen try to focus on a financer, which can be deemed the best fit for their small business.
Owning a medical store is a substantial mode of earning and investing money. Further, looking at the way the health industry is progressing, a medical store offers the investor to be an integral part of the industry with unmatched perks.
However, with modernization and innovations, this industry is moving faster than anyone could have thought. Furthermore, the introduction of online medical applications has raised the bar for medical store owners. The need of the hour is to be on the toes! This means that the business will require investment to upgrade. This is where alternative financers like Cresthill Capital/Mantis Funding come into the game.
Alternative lending is a boon to small business owners, especially those who are looking for some additional cash to give a boost to their small business or add a new line of products or services. However, many small business owners, especially the ones who are just venturing out, might not be aware of alternative lending and how they can benefit from this lending option. In this post, we aim to talk about what is alternative lending and how it can give a boost to your small business.
As a business owner – whether of a new business or an established one – hunting for funding is a constant part of one’s job! Either you are battling cash flow issues or low-season revenues or chasing investments for expansion – one way or another, looking for money is always on the to-do list of every small business owner.
How will the alternative lending industry fare in the new decade? A vital question that I will attempt to answer in this article.
Unlike a few years ago, when people ask this question now, they are not questioning the stability or the legitimacy of the industry. The undeniable growth of lending platforms and the sheer amount of money they deal with have cemented its position in the financial world. Alternative finance is no longer an upstart, new kid on the block; it is a mainstream sector that is now challenging established banks.
Cresthill Capital is a private, non-bank lender. Unlike banks, we specialize only in giving microloans to small businesses who nee...