Many people get nervous about employing some alternative funding to help their small businesses. This makes sense, as accepting help from someone else and knowing you will have to repay them can be daunting. However, most small businesses use alternative funding at some point, and it can genuinely help turn your business around.
Helping your Business Grow
Alternative funding is usually a crucial factor in helping small businesses take that next step off the ground. Many larger enterprises use alternative funding often, as it can be vital to their success and cash flow. Whether you need new equipment, temporary credit, access to fast cash, or something else, there is an alternative funding method out there waiting for you and your business. Alternative funding is popular for a reason. Contact Byzfunder today to learn how your business can take the next step towards success.
To qualify for ByzFunder’s alternative lending, you must:
- Be at least six months in business;
- Have at least $10k a month in revenue;
- Have a 500+ credit score.
These qualifications are straightforward and should not keep any small business from acquiring the funding they need. Alternative funding options want to help small businesses succeed and grow, so they will work with you to find a funding method that suits your needs. If you do not meet these requirements, there are easy ways to modify your business plan to ensure that you will soon. Most people often find that these requirements are far more lenient than those generally given to people by banks.
Steering Clear Of Banks
Banks can be notoriously tricky to work with when securing a good and reasonable loan for your small business. Securing a small or even medium-sized bank loan can be difficult, as banks usually look for more significant investments to make money. Alternatively, funding options such as Byzfunder will ensure you get the best deal possible. Their customer service teams are available during extended hours, helping to make sure that you always have the information you need.
Get the Alternative Funding You Need
Alternative funding is not something that a small business owner should be worried about or embarrassed to use. This avenue is entirely normal and can help keep your small business from going under.
There are many ways to receive alternative funding, so contacting someone like Byzfunder is a great idea to weigh your options and see what might work best for you. If you think you and your small business would benefit from alternative funding, contact Byzfunder today. We can help you find the funding method suitable for you!