Business is like life – you can be rolling along, everything going great. And, out of nowhere, one unexpected expense can turn your whole world upside down. If you’ve ever applied for or gotten bank financing, you know it works fine for something you need weeks or months from down the road. But if you’re looking for immediate cash, you may need quick funding solutions.
Inventory replenishment is one of those catch-22 scenarios business owners know all too well. You need inventory to make money, but you need money to acquire inventory. Applying for and receiving quick funding can get your shelves stocked again and give you some breathing room to focus on turning that inventory into even bigger dollars.
Cash flow issues happen for a number of reasons but hit new businesses the most. New business owners are more likely to run into cash flow problems because you’re still figuring out marketing, admin costs, go to market and a lot of other variables that will make your cash flow more predictable in the future.
Not being able to pay your employees is not only stressful, but it’s also illegal. The last thing you need is a call to the labor board or for your staff to not show because of non-payment. You can use these funds to:
The biggest positive here is being able to keep the employees you have while recruiting more. A full staff means better service and more business.
Progression is a huge part of a business’s success. If a quick and great deal makes its way to you, a bank could have major time and paperwork hoops for you to jump through before they’ll even consider it. You know if something is the right move for your business, having quick funding solutions available could mean the difference between losing out on a great opportunity or being able to pounce.
Consider the following when thinking of financing expansion:
If a big piece of equipment goes down, you’ll need a repair, and these aren’t easily financed through a bank. Applying for a credit card is fine, but you’ll have to wait 10 days for it to come in the mail, and that’s only helpful if you could get the credit line large enough to cover the cost of repairs.
This time of the year can sneak up on the best of us. If you find tax season came much faster than you anticipated and you’re not financially prepared for it, quick funding can help you pay your taxes on time and avoid the penalties incurred by paying late.
We know your time is money, and, as a business owner, if there’s one thing you don’t have a lot of, it’s time. We’ve created a fast and simple application process that can be completed in just a few minutes. We can approve your application the same day and disperse funds in 24 to 48 hours to your bank account. We offer working capital of up to $750,000.
Start the application process here or call 877-485-2779 with any questions. We’re here to help you successfully navigate the unexpected and turbulent times of being a business owner. We’re your CapitalDude.
