As a business owner, you must pay attention to the cost of capital. But the real question to ask yourself is what these funds will be used for and what kind of return on investment will it be for your business.

Over 80% of small businesses (under $50m year sales) cannot get approved for bank funding and don’t have the real estate collateral to put up even if they can get approved.

Yet many of them have great ideas which can help grow their business to get them to be more profitable. The problem is they don’t have the working capital to invest in those ideas. If the business owner is going to invest $100,000 and turn it into an extra $200,000-300,000 per year in sales, then the cost of alternative financing of say, $120,000-$145,000, isn’t that expensive. On top of that, no ownership was given up and no collateral was risked. Yes, it may be more expensive than a bank loan, but often alternative lending may be the only option if they can’t get approved at their bank.

The small business administration states 6 of 10 businesses are breaking even or losing money. I believe many have incredible ideas and amazing bravery to even start a business. If we can get them a yes, to working capital, we might be a launchpad to their next location, expansion, etc.

We have done this for thousands of businesses. We are proud of the fact we have helped many businesses expand because we may be the only avenue that doesn’t take equity from them, doesn’t require collateral, and doesn’t require good credit of them. Yet, we can help fuel their dreams.

This is a passion I have to help those rock star small business owners. I love helping them grow. We make capital available to them and encourage them to make good decisions based on their future strategic plans. We ask them to consider the benefits of those plans versus the cost of the capital. Let’s grow together.