This is how I used alternative funding to stay ahead of the cash flow problems during off-seasons.2/3/2020 Every business is tied to seasonal demands (it could quite literally be weather-related or be dependent on religious or school holidays) that determine its sales and with it the profitability of the business. I am in the construction business, and we have our own low-demand months – mostly the winters when the bad weather makes it impossible to carry out any type of construction safely. This means that in the construction business, the lean months are tight on the pocket. We all have to pay a steady flow of bills from insurance companies, electricity charges, rent, and salaries while earning ZERO income. I did too! Until I came across alternative lending companies! At first, I got in touch with Crest Hill Capital/Mantis Funding to get some help for keeping my cash flow light with a working capital funding deal. The year had been tough, and I didn't have enough cash-in-hand for essential expenses. I had plenty of work lined up for spring but needed to keep things running smoothly till then. Short term alt-lending cash advances to ease cash flow With easy and fast access to capital, a cash advance is the best option when you need money quickly for a short period. It is structured as an advance on your future income and hence has exceptionally flexible terms. They helped me immensely to ease the stress and burden of unmet bills. In fact, Crest Hill Capital gave me no chance to complain as they were very helpful throughout the process and were extremely open about every single detail of the offer. Once my immediate needs were met, I also worked with Crest Hill Capital/Mantis Funding to expand my business. Using alt-lending to expand my business I had been toying with several ideas for expanding my business – I was tired of constant low-season problems draining my bank account and had come up with add-on services that could bring in money during the winters. I used Cresthill Capital/Mantis Funding to fund my growth plans with some equipment financing and later took on a business line of credit to manage expenses without approaching them for new cash advances every few months. I used their very competitive funding offers to set up an entirely new division in my company – winter snow removal and home winter-proofing services. I used the money to buy the required equipment, train my existing staff, and do some advertising. It worked like a charm; winter months are no longer a drag on my business. In fact, they are actually quite profitable! I have no Cresthill Capital complaints! Their simple and hassle-free funding deals were exactly what I needed to grow my business. They came through and helped me every single time I needed some liquidity, and I can say with confidence that my business would have still been struggling with off-season blues if it wasn't for them. I have recommended my approach to many in my industry and would urge you to give it a shot too. It doesn't matter what type of small business you are running; there are always cash-strapped days that can stop you from achieving your full potential. My advice would be to use alternative funding options to set yourself on the path of growth and higher profitability. If you have an idea that needs money, then get in touch with an online lender to put it into action. Don't wait!
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