Monday, August 19, 2019

Getting Emergency Cash Flow For Your Business Needs

Going through sudden rough patches is common for most small business owners. And more likely than not, a shortage in cash flow is the most common reason for the same. You might have the best merchant –supplier relationship with your product supplier but things can always change in the world of business. A sudden need for a larger than usual amount of the product, a sudden increase in the prices of the products is a common occurrence.

And then, there are those unforeseen conditions wherein a supplier suddenly decides to close its doors. Well, in these scenarios, the problem is usually not as simple as it appears. It is not just a matter of finding another vendor but about looking for one that agrees to your terms and signs the deal as quickly as you want. Regardless of your efforts, time is usually a limiting factor for running the business.

This is the reason why most merchants need small cash advances to meet up the sudden needs that come with the new supplier terms. When it comes to small business owners, capital funding institutions like Mantis Funding LLC provide the best possible solution.

Going to the banks
Yes. Banks are the first step that a business model considers when cash-flow crunch situations happen. But getting cash advance from banks is not always as simple as it sounds. Banks are fairly strict on their terms and conditions when it comes to cash advance approvals.

Additionally, they are usually not too keen on lending a small amount of fund, like the ones that are usually required by small businesses to tide over their cash crunch situation. And then, the process is extremely time-consuming, which is perhaps the last thing that a small business owner wants. This is exactly where capital funding institutions like Mantis Funding LLC come to the rescue.

Other options
While there are other possible options like business credit cards, it does not always work profitably for the business owner. The high-cost structures that come with them add up to the list of liabilities. Capital funding institutions like Mantis Funding review the overall business model and don’t just rely on the credit score of a company and are hence available to provide instant cash advances.

Also, since Mantis Funding LLC deals specifically with small and micro business ventures, they are more likely to understand the sudden needs that such businesses face and are willing to help in a flexible manner.

Why capital funding institutions are a win-win option?
Since capital funding institutions like Mantis Funding reviews the revenue stream as well as the customer base of a company, they are a more viable option for ongoing small business ventures that need a sudden cash inflow. Banks, with their stringent terms, may often lend cash advance (if they agree) based on the current credit scores and are time taking in their procedures of approval and cash advance sanction.

However, the instant transfer of cash to a merchant’s account after a quick review and agreement on repayment terms makes the scenario a win-win one for small business owners. Additionally, the easy and flexible repayment terms (like a percentage of monthly sales goes as repayment) offered by Mantis Funding LLC makes it super convenient for merchants to manage within their daily operations.

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