For small business owners, worrying about sustaining operations is foremost on their minds. Usually, the dilemma stems from the lack of access to the much-needed cash to churn the business.
Entrepreneurs are in constant search of the ‘business enabler.’ The traditional banks can’t be counted upon for financial support because more often than not, loan applications of small businesses are rejected.
It is precisely for this reason that the merchant cash advance facility came into being. Simultaneous with the creation of the said facility is the emergence of a special breed of brokers. The brokers are what you might call the ‘business enablers’ who understands the plight of small business enterprises.
A facility better than a loan
Today, the obstacles to obtaining financial support have been eliminated. A small business that is fully operational and with sustained cash flows need not run to the bank to seek funding assistance. Instead of borrowing, the owner can sell or assign a portion of his future sales at a discount.
With incisive planning, a small business owner can measure the exact funding requirement based on sales volume. Further, in anticipation of increased sales during peak periods, the proceeds from the cash advance can be utilized to stock up on inventory.
Unlike a bank loan, the facility is far more advantageous to business since drawdowns are always aligned with actual sales and therefore translates to better financial management.
What makes a good business enabler?
If you’re presently operating a small business and in need of a business enabler, there are a few key traits to look out for. First, the group should have an extensive network of funders who are wholly supportive of small businesses that are destined to prosper if provided the financial backing.
Second, the facilitator should have the skills to find the perfect partnership. It means the repayment terms by the funder would not disrupt the cash flow of the small business. That has been the pitfall when you borrow from the banks.
Lastly, the ‘business enabler’ should have a proven track record of success and unquestioned credibility. They should be able to deliver what was promised at the onset to both the small business owner and funder.
The time to grow your business is now
Your search for a good ‘business enabler’ ends here and now. There is one group that has a vast network of clients to finance small businesses and position them for success. They are known for discovering the potentials of a small business and unlocking the gates to larger profits.
You can ask around within the financial circles and from the independent sales organizations which group is synonymous with success. Only one name rings a bell and that is PDM Capital.
Check them out at https://www.pdmcapital.com/ to find out more about this esteemed group and what they can do. PDM Capital traverses a two-way street. It is a privilege for them to serve both the small business owner and funding partner. Their common destination is success.