No More Funding Problems! Learn how Cresthill Capital has changed the Dynamics of Funding

Lack of funding or working capital can be a problem, especially for small and medium enterprises. Besides, it is pretty weird to think that lack of funds is a problem that is constant in our pursuit of success. Be it anything, from the first day of the inception of a mind-boggling idea to paying out a hefty payroll to some of your employees; funding can act as a mirage in your financial desert.

Moreover, to stay upright and head-to-head in an extremely competitive environment, fetching funds is very crucial in taking your business to the next level. However, for some reason small and medium businesses have not been able to that. Do we know what that reason is?

Of course, the traditional channels! Placed to help, they have created their terms and regulations in a way that has become almost impossible to take help from. For them, the only way a businessman can showcase his creditworthiness is by maintaining high credit scores and boasting heavy collaterals.

And, in the real world, it is pretty tough for the small and medium businesses to do that. With an endless number of uncertain opportunities, they find it difficult to maintain a proper working capital let alone a credit score.

 So, is it right to deprive the economical backbone of the country from funds that can help them in growing?

We believe the answer is a simple no! And, this is the reason why CresthillCapital/Mantis Funding is taking the game to the traditional channels. For a decade now, they have been working tirelessly to improve the plight of small and medium businesses in the nation. For them, the motive is to not reject an application on the basis of their credit score or collaterals. It is fair to say that while doing this, they have successfully managed to bridge the gap that was created by the traditional channels.

So, what is it about them that make them so successful? Let’s decode!

Easy and Less Documentation:

If you have been to traditional channels for funding, you will be aware that they make you do a lot of hard work before rejecting your application. They don’t care for both: your time and pen’s ink! However, the same is not true for Cresthill Capital/Mantis Funding. With their super AI/ML-powered systems, they have made the process of documentation very easy and less painstaking. It is a few clicks and you are ready to submit the application. In case you are unable to do it online, you can call their helpline or support number to get it done there.

Different Purpose, Different Option:

Perhaps, this is the best thing about them! They provide you the value that you pen down. Apart from that, they don’t have the policy of different patients, one treatment. They know that a trucking business will have different requirements than a nightclub owner. Hence, they have a dedicated a team that looks into the depth of your request and prepares an offer by keeping you in the circle. 

If there happens to be any dissatisfaction with the proposed deal, the consumer can raise a query on their 24X7 platform, Cresthill Capital Complaints.

Quicker Processing than the Speed of Light!:

What is financing without speed? Such is their purpose to serve the people that they have ensured to provide funds within 3-days or 24-hours, in some cases. And, the people that work in the financing sector know that this is nothing short of the speed of light! So, we can say that:

With quick documentation, comes quick funding! 

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.

5 small business trends you should be prepared for in 2020

The Internet has turned local markets into global ones. Globalization and eCommerce have made competition harder but, at the same time, opened broader and newer markets for everyone. Now even small retailers can reach customers on the other side of the globe, but must also contend with rivals spread across continents. Hence, it is critical that you keep your finger on the pulse of changes happening around you.

I recently put together a list of some critical trends that EVERY small company must invest in. Now depending on your particular industry and business, you can decide how much investment you want to expand on each of them – but one thing is certain; you can't ignore any of them.

1. Personalized Customer service: Customers have come to expect and demand faster services and tailored solutions. They expect more than just a straightforward buy and sell arrangement, they want to know the business and be a part of its journey. They want to feel a connection. To create this intimacy, many businesses will have to implement some sort of solution that shows special love to their customers. This could either be excellent in-store customer service, focused ad campaigns, or hyper-personalized products – depending on your industry, you will have to come up with innovative ways to connect meaningfully with your target audience.

2. New digital media: Digital marketing has become more competitive in the last year or two. The field is getting increasingly crowded, and budgets must expand to get results. Also, 2020 sees some drastic changes - voice search is growing by leaps and bounds and is all set to be the next big disruptor; content marketing, albeit with video as big part of it, is going to take the lead in maintaining online brand reputations and organic traffic is losing steam. There are too many people putting out great social media content, you have to put in the money to get traction in the market.

In short, find new channels or put in more money.

3. Online reviews become even more critical: For many small businesses, especially the ones in retail, food, or entertainment industries, online reviews are now even more important than before. To make a 100% positive customer experience, in reality, you have to invest in online reputation management. Just like social media – trying to get organic reviews is an uphill task. You have to reach out proactively to customers, be exceptionally responsive and hire professionals to manage your online reputation.

4. Sustainability: The need of the hour is sustainability! It is critical for ALL businesses  - regardless of size and industry – to go green. It is vital to the environment, and the customers demand it. There is a huge uptick in clients inquiring about the sustainability credentials of businesses, and they are now willing to pay extra and change brands to help the earth.

5. Cybersecurity: While small businesses - especially the ones with a location or store - are usually more worried about their physical security, but now it is time all of us start thinking about cybersecurity too. It is reported that 43% of cyber-attacks are focused on small businesses, and no industry is off limits! You are not too small or too offline to escape, and it is imperative to put some safeguards into place.

Now, clearly, the only thing stopping business owners from keeping up with these trends is MONEY. Here I suggest you follow my example! I wanted to implement measures to keep up with my industry trends and approached New York-based alternative lender – Cresthill Capital for a financing offer! It turned out to be a sound decision! I have no Cresthill Capital complaints and recommend you try out alternative lending institutions too.

Top 3 Services That You Can Outsource With The Help Of A Cash Advance

Most business owners would agree that running a small business is simply time-consuming. Managing inventory, production, serving customers, marketing, and dealing with staff are just some of the things that need constant attention. Where is the time to do anything else?

However, you could be using your expertise and mind space to think of new expansion plans, but that won't ever end up happening unless you take the time to think and experiment.

The answer to this dilemma is simple – outsource your work to experts with the help of fast, easy, and flexible cash advances from alternative financing companies like Cresthill Capital. So, here’s a list of some affordable business services that you can outsource to grow without compromising on quality:-

1. Customer support - While at the start of your business, dealing with customer calls in-house would have been manageable, with a growing business it can become more and more difficult for you and your staff to answer phone calls for several hours a day.

Here, applying for a quick cash advance for outsourcing to a call center with experienced staff is a great idea. Not only you get a trained professional handling your calls, but you also access the latest cloud-based call center software.

2. Marketing - There is little doubt that marketing is a specialized job. A quick look at the plethora of digital and social advertising options will be enough to convince even the most DIY business owner that hiring a professional agency or even a freelancer will get them better ROI on their advertising budget.

According to recent Cresthill Capital Reviews, while you might be able to manage social media posts and engagement in-house, utilizing a flexible cash advance for hiring a marketing agency will give you access to a professional team, strategic ideation, and the option of accessing add-on services.

3. IT - With new digital innovations bursting on to the business landscape with increasing regularity, it is not possible for you as a business owner to single-handedly find and leverage the best tools for your business. But thankfully, with several competitive IT service providers, you won't have to.

The only time and effort you have to spend on are applying for funds through an alt-finance company like Cresthill Capital and then hiring the right digital partner with that money. After that, it is their job to manage your existing business IT infrastructure and advise you.

So, if you feel that your business can profit from any (or all) of the services mentioned above, then don't waste time. Apply for a merchant cash advance now! As you know cost benefits will take some time to trickle in, Alt-funding can help with these increased costs.

Also, if you go through Cresthill Capital Reviews, you’ll find out that it is a company that is committed to helping small businesses grow by giving them access to timely, flexible, and fair business financing.

So, do get in touch and start expanding your business today.