How Small Business Funding Helps Business Owners

Owning and maintaining a small business is a dream come true for many people.  But you know it takes hard work and creative thinking to succeed and expand any company.  Small businesses have to consider cash flow every day when trying to meet the demands of customers and suppliers.  A small business that wants to grow may not have the extra money to invest in new equipment or supplies.  One project or sales order can change the trajectory of a business forever.   What if you do not have the resources you need to take on that project or the inventory to meet demand?

Small Business Funding is Fast

Small business funding can help by providing business owners with funding options when banks will not. In today's world, banks make it very difficult for small businesses to obtain traditional financing help. If you apply to the bank, the process can take a long time and requires you to provide detailed and extensive financial information. Your business may miss out on a project or lose an opportunity while you are waiting for bank approval or, more likely, rejection. Shore Funding Solutions can help you access fast funding options when the bank doesn't lend you money.

What Can You Do With Small Business Funding?

Consider the following examples of how small business funding can help you:

1. The owner of a small renovation business has the chance to remodel a 10,000-square-foot, 100-year-old mansion for a wealthy community member. The property owner wants the job completed fairly quickly. The renovation company takes out $25,000 in small business funding to pay for additional workers and supplies he will need to get the job done. He repays $40,000 but has earned $80,000 for the job. He also now has a substantial and beautiful project under his belt which will surely increase business in the future.

2. A restaurant owner is becoming widely known for the outstanding pastries she bakes from scratch for her customers daily. She is contacted by a local catering hall and asked to provide pastries for each of their parties scheduled for the entire year. They need about 700 pastries every week. Knowing this order could provide wonderful exposure, more institutional business, and a nice supply of income, the restaurant owner, wants to say yes. However, she does not have the equipment to fill such a large order. She receives $15,000 in small business funding to install an additional mixer and oven that she can devote entirely to the pastry orders. She repays this and has secured the future success of her business.

Small Business Funding Provides Flexibility

For a small business to survive, the owner must have a flexible and easy source of capital. Your business simply cannot afford to wait for a bank to determine your financial future. A small or large amount of cash can make a big difference to the health and growth of your company. We understand that you need options, and you need them fast. Shore Funding Solutions helps small companies like yours sustain and expand. We have access to the top underwriters and will work quickly to find the best solution to help your business thrive. Shore Funding will evaluate your needs and pair them with the best compatible funding program.