Has anyone discovered a good small business financing resource not associated with the SBA?
After starting a business, it's pretty easy to finance the first few years with credit cards... but then the interest rates starts to kill you! Crowd Funding does not lend itself well to my industry, so that is not an option. I just need a revolving credit line with a good interest rate.
If one has either a history of company profitability and increasing cash flow OR a strong personal financial statement, getting capital is not a big problem.
there are options available if you are in business for longer then 2 years have over 700 credit score. you can use the equity in your business or patents or contracts and of course Purchase orders and receivables. i fix problems and this is one of the biggest for businesses
I am not sure what industry you are in however in the retail sector you can get the capital you need for a project through a merchant services cash advance. Depending on your processing volume you could qualify for up to $100,000 to use as a cash injection to the business. You then would pay the advance off with a small agreed to percent of the credit card sales you process. If this sounds like a viable option feel free to reach out to me. I wrote a blog post on the subject that can be viewed at: http://www.totalmerchantservices.pro/MerchantServices/MyBlog/CreditCardMerchantServicesCashAdvance.aspx
it depends where you are located and how much. Can you provide more details?
Capital one has very good different programs for small businesses. Check it out here: