Wednesday 24 June 2020

Why Alternative Finance is the Best Option to Fetch Funds for SMEs Growth?


Financial barriers are like strong water waves that create fluctuation in the growth of small and medium enterprises. The worse part is that these SMEs have to face them. To add to this, the policies laid by traditional channels after the Great Recession in 2008 mobbed SMEs path towards success.



However, does anyone know what the fun part is? The fun part is the presence of alt-financing firms like Cresthill Capital. They are like surf-board that help an SME owner to surf his way through these damping waves. These firms understand the pain and struggle of an SME. The people who are providing help, and are working to ensure that they stay up-to-date with the change in the financial sector, are one of those SME owners who faced a lot of rejection to get the necessary Vitamin-M for their ventures.

Yet, here they are working hard to ensure that other SME owners don’t have to worry about their working capital. In a credit-centric market, they are the ones who have a different outlook to gauging a client’s business approaching them for help.  

With a decade’s experience in their kitty, firms like Cresthill Capital are here to ensure that small and medium enterprises obtain what they deserve, and that is Funds! They want to see them grow, thereby, see themselves grow with them.  

In case of wondering why alt-fin service and not traditional channel, we will urge you to read this below-mentioned points to answer the why’s:

Credit and Collateral is a Thing of Past


What are the points one can lay when it comes to defining reliability of a businessman?  For sure a good credit score and heavy collateral is the first thing one can think of. However, the scenario has changed. Having these two is not the only criterion to fetch funds, at least from alt-fin firms.  

Innovation took over the financial sector and alt-fin firms like Cresthill Capital reviews the transaction details, expenses, and many more aspects to measure the creditworthiness of a businessman.

You Get What You Want or Better than You Want


There has been a taboo over the fact that traditional channels are still not comfortable in providing the exact amount as stated by the SME owner. Despite showing their trustworthiness, these SMEs have to listen to many different and inconclusive reasons before receiving the lump sum amount. 

However, the same is not true for alt-fin services. Precisely, they are customizable services working to help SMEs grow. Since firms like Cresthill Capital work and partner with big businesses, they are able to boost a profound pocket which ensures that SME owners get what they need.

With an integrated framework that prioritizes adaptability, these alt-fin firms are able to design a deal that is efficient or more than efficient to provide quick relief or a sudden growth or whatever their customers are looking to with the funds.

They are really quick!


Unlike traditional channels, they believe in delivering funds in real quick time. With an ML/AI amalgamated system, they ensure:

        Quick Application processing
        Fast Documentation
        Speedy Reimbursement

If in case, their client has an urgent requirement, they work to provide funds within 24 hours! Now that’s rapid. 

Funding is the most important aspect of growth and success. Besides, the timing of funding is something that is way more crucial than anything else. This is what they understand and firms like Cresthill Capital reviews the application in a way that they don’t have to give an opportunity to their owners to call them twice or thrice for a reminder.