Your best bet
By: Katherina Gorospe
When weighing your funding options, you’ve probably come to this fork in the road: do I rely on my bank for financing or do I find an alternative funding solution? Before you make a hasty decision, it’s important to weigh the pros and cons of both routes and make note of what each funding solution requires.
You want your business to thrive, but that goal can be hard to reach if you don’t have the capital to help it grow. As a small business owner, you may, unfortunately, have to deal with multiple rejections for a loan from your bank.
This could be a result of multiple reasons- bad credit, low cash flow, time in business, and possibly other outside sources that aren’t in your control. Overall, banks can be nit-picky when it comes to small businesses as they look deep into the details of your business, making it harder for you to find a funding solution that suits you and your business.
Accel Capital can offer you a different solution, one that doesn’t rely so heavily on your past track record or the length of how long your business has been established. While there is a thorough examination before funding a loan, we make it easier to find a comfortable option for you and your business.
There are many benefits when you go to a lender to assist with your company’s financial needs. The application process can be done from home or in your office, easily accessible on our website. Banks require collateral or application fees, both of which are non-existent with our lenders. Getting a loan from the bank can be a lengthy process, but with our lenders, we’re able to get you real-time results, not just estimates.
This is your business, so take control. Let our experts at Accel Capital utilize our technology to find the best funding solution for your business.