The Shift From Banks

1. The Shift From Banks

2. There was a time when the only place business could go to get funds was a bank or a credit union. After all, this was one of their main functions and defined one of their roles in the economy. These non-banking financial institutions generally lend money to individuals who were starting a new business.

3. Small scale businesses are generally on the look-out for instant access to cash flow, especially in the early stages of the company’s growth. Non-banking financial institutions are preferred over banks because they offer major advantages like faster processing and availability of cash, flexible repayment options and are willing to take up high-risk investments.

4. Capital Funding Companies Capital funding companies like Cresthill Capital facilitates micro and small businesses with merchant cash advances to help them through the rough spots. They act as a bridge and review the receipts and the expenditures to determine if the client is running the business responsibly.

5. The client should make sure to review any company he/she is considering. For example, doing an internet search for Cresthill Capital complaints to make sure the client likes the reviews if this is a company he/she is considering.

6. The Advantages Of Capital Funding Capital funding by non-banking financial institutions has numerous advantages over traditional banking system including easier access to cash, faster processing of applications, flexible repayment options, etc.

7. Traditional banking systems burden customers who are in need of instant access to cash with complicated paperwork, however, non-banking financial institutions provide simple application submission processes and effective teams that offer one to one customer connection. The main reason why these institutions are preferred is the rapid transfer of funds to the bank accounts of business owners.

8. What Happens Next? The company looks at the books and the business model as well as what the business is. They help assess the risk the business presents. It will help them determine what the best terms are for the funds and what appears to be the repayment method that seems to work best for the business.

9. Banks typically lend the money by determining the amount of capital they are willing to commit, the payback rate based on the credit history and the client is given a fixed payment amount usually due monthly. One of the differences between borrowing from a bank and lending from a capital funding company is this. Capital funding companies like Crest Hill Capital LLC offer different types of repayment plans including the split percentage that is flexible and does not hit the business too hard.

10. Customer Service To The Rescue The Crest Hill capital customer service seeks to ensure that queries to do with funding solutions are immediately answered. The professional help that you require to clarify your doubts and inquiries is but a call away. 

11. With a team that is equipped to provide customer queries with fast responses, customers can rest assured. Accessibility has also been given importance with the helpdesks being made available via toll-free phone lines.