Small and microbusinesses from time to time will need reserves of cash or credit.
Some need these resources to help them stretch through the lean times. This is especially true with businesses that have defined and predictable “seasons” of high and low traffic.
Others need financial resources in the short term to pounce upon an opportunity or to fund needed expansion. Financial services companies such as ours offer up to $750,000 to meet these types of needs. Quick funding from such a company can support major improvements, get a business through tough times, or help it to take advantage of a rare opportunity.
In our experience, often these businesses turn to credit cards or a financial services company.
Few experts recommend this for extensive financing, but it serves as a common practice.
Businesses turn to credit cards with high spending limits for a number of reasons, in most cases for either convenience or because they feel they have no other resort. Credit card companies have every incentive to provide rapid service once they approve an application.
We usually see most companies get their new cards within a few days.
In addition to fast access to funding, credit cards offer versatility. Companies can use them almost anywhere, from traditional to online companies.
Most companies needing fast cash, regardless of the reason, will turn to a financial services company.
Applicants for loans or credit normally think of a bank when they hear “financial services company.” They imagine long hours putting together an application, awkward meetings with bank officials, and sometimes lengthy waits for approval.
We encourage businesses seeking added resources to think modern. Financial services companies such as ours have made client convenience a top priority.
For that reason, we have provided a simple online application process to make approval as quick and as easy as possible. In most cases, not unlike a credit card, our applicants around the United States receive an answer fast.
The convenience of credit cards is undeniable, but is that aspect worth the cost?
Credit cards, even for many with outstanding ratings, bring with them unacceptably high interest rates. While businesses can avoid these charges, they must do so by paying off the balance in full each month. Businesses that need capital to help them through lean times can easily fall into a trap of ever mounting interest charges and the threat of adverse credit markers.
Businesses requiring considerable funds, especially up to $750,000, may need multiple credit cards to fulfill the need. This will increase the charges and also the likelihood that the owner will get overwhelmed.
Our financial services company evaluates your condition and applies a fair interest rate relative to your credit score. You only have to worry about a single account for credit and repayment purposes.
Finally, our application process mirrors or even exceeds the convenience offered by credit cards. It takes a similar amount of time to apply and to learn of approval. This alone places the financial services company option for quick funding ahead of that of credit cards.
Ready to learn more about why Capital Dude should be your first option for quick funding of your business needs? Call today to learn more. Our professional and friendly staff can help you by answering questions about our services.
Most of our customers, however, simply go directly to our website and apply.
Let Capital Dude serve as your source of needed funds for any number of business purposes up to $750,000.