Cresthill Capital - Unsecured Cash Advances That Boost Your Business

1. Unsecured Cash Advances That Boost Your Business

2. A vital part of expanding or growing a business is to acquire funding. Now, as soon as you hear of “acquiring funds”, the first thing that comes to your mind is nothing but a bank! Undoubtedly its the best option to go for if one has a great credit score and several assets to put forward as collateral. But what about those small business owners who have just entered this pool and have a zero credit score?

3. What about those entrepreneurs who do not have any collateral to offer? The answer is Alternative Finance or Non-Bank Funding. In order to keep your dreams of expanding and growing your business alive, there are a number of alternative finance companies that offer different types of funding options at flexible cost structures without considering your credit score or asking for any collateral.

4. Cresthill Capital is one such name in the world of alt-finance that has helped thousands of business owners achieve their growth and expansion dreams without any stress at all. Continue reading to understand the two main characteristics of alternative lending.

5. Funding On Bad Credit Scores

6. Most banks take a very long time to approve the applications of small and medium business owners for the aforesaid reasons. The worst part is that even after months of waiting for approvals, around 80% of applications get rejected, based on their dented credit scores. Nevertheless, when you apply for funds to non-bank funding companies, they always claim that application-to-approval is a simple process where credit scores are not important at all.

7. Well, if you go through Cresthill Capital Reviews, that is absolutely true as reputed and trustworthy companies use other means to analyze an entrepreneur’s ability to repay the funds requested. There are several other transactional data like overall sales, revenue stream, expenses, etc. that help in judging a businessman’s creditworthiness much accurately.

8. No-Collateral Funding When it comes to the traditional modes of funding, individuals will need to provide assets of value or collateral in order to get a funding application approved. While large-scale business owners get approval due to the availability of collateral, it’s not always possible for the small and medium scale business owners.

9. Thus, unsecured cash advances can be just the right lifeline for them, as neither collateral nor credit score is required. Companies like Cresthill Capital offer different kinds of alternative finance options that are custom-made as per the requirements of small business owners who have been led down by the banks.

10. Non-bank funding, therefore, will not affect your property or the business even if there is a payment default. Such cash advances are also flexible in nature. The choice of funding will depend on the need and requirements. With unsecured cash advances, business owners do not need to put their properties in stake in order to secure capital funding.

11. In fact, as soon as the money is wired into your account, it can then be invested in the new business without any questions asked. Cresthill Capital Reviews claim that finding the right kind of funding for your business can actually affect its growth and success.