4 Ways Commercial Funding Can Transform Your Business
September 23rd at 2:53am Published by sharpshooteradmin
A growing business has many needs. You need staff to make sure your operations are running smoothly, customers and clients to maintain a steady income stream and a leadership team who can make plans for the future. But above all, it needs enough capital to make all of this happen.
There are lots of ways that new businesses raise money to get started, from the bank of mom and dad to an actual bank. But even if you are able to secure the initial cash to get started, getting reliable commercial funding to help you grow your business or meet unexpected challenges can be difficult.
If you want to bring your business operations to the next level but you aren’t sure how to secure the funding to do so, here are four ways commercial funding from SharpShooter Funding can help you transform your company.
1. It Makes You More Resilient
As any experienced businessperson knows, one of the biggest challenges an entrepreneur or small business owner will face is being able to overcome the setbacks that will inevitably arise when running a company.
Not only are there a lot of unexpected expenses involved in setting up a business, but countless promising firms are also forced to close every year because they are derailed by financial emergencies or shortfalls in funding and sales.
If you want to build a resilient company that can weather unexpected financial issues and bounce back from a bad quarter, having responsive commercial funding available is essential.
One of the things that set commercial funding from SharpShooter Funding apart from traditional financial support through bank funding is the fact that we are willing to support small business and start-ups that the larger banks won’t go out on a limb for.
If you want to learn more about the SharpShooter Funding approach or start your own application for commercial funding, get in touch with us today!
2. It’s Fast
When opportunity knocks, it usually only knocks once. Taking advantage of sudden opportunities often means having the financial flexibility to jump on an investment opportunity within a matter of hours or days, and this simply isn’t possible if it takes weeks to arrange funding or line of credit with the bank.
One of the key benefits of alternative funding options like SharpShooter Funding is that we can get you the money you need when you need it. In some cases, we can even approve your for funding within three hours of your submitting an application.
And we understand that situations that require an injection of capital don’t just happen on weekdays between nine and five, which is why we work every day of the week (unlike other financial institutions). It doesn’t matter when you apply — we’ll review your application and get back to you with a response as quickly as possible.
Whether you need some extra capital to take advantage of a growth opportunity or to tide you over through emergency repairs or an unforeseen shortfall, SharpShooter Funding is there to help 24/7.
3. It’s Flexible
One of the concerns all small business owners need to keep in mind when considering their options for commercial funding is how affordable that funding will be. Taking out funding to cover an expense or an investment can be a strategic move, but it can come at the cost of sky-high rates and compounding interest that leaves you even further in the hole.
If you are considering what are your options for commercial business financing are, one of the reasons to go with SharpShooter Funding is the fact that our Merchant Capital Advance options give you the opportunity to purchase capital on a flexible payment plan.
Depending on the structure of your business and your particular needs, you can pay back the capital funding in manageable instalments that won’t be subject to runaway interest accumulation, which in turn gives you the freedom to repay on a schedule that makes sense for you.
With SharpShooter Funding, you can get commercial funding when you need it without having to worry about whether the costs will outweigh the benefits.
4. It Makes Business Expansion Easy
There’s one thing every business person has in common: a desire to see their company flourish and grow. But as every businessperson knows, it takes money to make money, and one of the most frustrating challenges most young businesses face is being unable to secure the capital needed to expand, even if they have a great product or idea.
At SharpShooter Funding, we understand that capital is something that every entrepreneur needs to make their dreams a reality, which is why we approach business expansion funding differently.
If you apply to SharpShooter Funding for expansion capital, we will look at your future transaction projections and the potential of your business to make money rather than insisting that you have a strong track record of receiving funding.
This means that if you are confident that your business plan is solid, and that you would be able to turbocharge your revenue if you were only able to get that initial capital, we are your ideal partner.
According to the TMF Group, funding is consistently one of the biggest challenges that small Canadian businesses face. While large corporations have the liquidity and financial flexibility to invest in major expansions or overcome disastrous quarters without going under, too many promising ventures have been ended because they simply couldn’t access the capital they needed to keep going.
At SharpShooter Funding, we are committed to helping the little guy succeed. This is why we have worked hard to make sure that fast, affordable commercial funding is available to all deserving companies, regardless of size.
If you want to explore your commercial funding options through SharpShooter Funding, give us a call or start filling out your first application today!