Let’s talk about a few myths:
1. Alternative financing does not offer what customers want
2. They provide a little amount of funding
3. They don’t customize their deals
4. They have hidden charges behind their applications
In case, you have been wondering about these myths then there is a need to make a shift in your perspective. In an era of rigid financing, this channel has opened new possibilities for small and medium business to conquer. The pursuit is not to grow individually but to promote a culture where they strengthen the country’s economical backbone. The onus is on having a growth mindset which facilitates the increase in the number of small and medium enterprises across the nation.
Opposite to the conventional opinion, the alt-financing firms have dominated a decade whereby, substantially increasing their popularity among the SME owners. Firms like Mantis Funding, are working to ensure they fulfill all the needs of their applicants. To provide such a facility, they are designing flexible methods that are helping small and medium enterprise owners to clear their debts and create a pipeline for smooth working capital without burdening their pockets.
As per Mantis Funding Reviews, there can be several reasons why small and medium enterprises approach alt-financing firms. This might include rejection from traditional channels in the name of poor credit score or lack of heavy collaterals, an escape from heavy documentation of traditional channels, sudden demand of product or increase in payroll, upgrading inventory to meet the festive needs, or prevent a seasonal hike, etc.
However, apart from matching these regular needs, what really makes working with alt-fin firms, like Mantis Funding, easy and smooth? Let’s decode:
Given an option to pick a pen or make a few clicks for documentation, what will you opt for? What really saves your time?
Of course, you’ll opt for the online procedure. Visit the alt-fin firm’s website, fill in the application form, and click submit; as easy as this sounds! Not forgetting that you are doing this on the comfort of your couch.
In case you want more leisure out of this easy application process, you can call the concerned alt-fin firm’s helpline number, exchange a few words with the customer support staff, and receive a notification regarding your application submission. See, it is easy!
As soon as your application is submitted, a team of professionals is assigned to fetch and match your details as per their prerequisite standards. In case they need an extra document or complexity to verify your needs, their concerned fund manager will call you and direct you through the entire procedure and the things you need to fix in order to get an approval. Mantis Funding Reviews your application with their AI/ML system which allows them to have a holistic view of your application, business, and social background.
Quick Dispatching of Funds into your Business Account:
The moment they complete their background checks and approve the application, they have a trusted system by which they ensure that the funds are dispatched as quickly as possible.
In case you feel that you have an urgent need to use the requested funds, you can simply share your concern with their support staff and they will ensure that the funds are allocated within a space of 24 hours! They are that quick and adaptable.
Why do we feed our body with the best possible food available to us? Why do we crave for dine out or a Whopper from Burger King? When we can work with normal food, why do we feel the need to award our taste buds with delicacies?
Of course, we all know that feeding the best food to our body will help us grow, besides, fulfilling our need for taste and vitamins. Hence, this brings us to the question:
If you are ready to feed the best to your taste buds and body, then, why do you shy away from doing the same for your business?
Like food, good funding can make a world of difference in your business. It is one of the best food that one can nourish their business with. This is the reason why many big, medium, and small businesses thrive in their venture to expand and grow. And, one can imagine that lack of funds can severely impact the prosperity of a business.
However, there are times when we feel that when you started out, you never took anyone’s help; you had our saving to back our venture. And, somehow, you able to continue that! Still, look around your fellow businessman and see how they are progressing so well in your field. Yes, steady growth is important, but, to match the current trends along with different expenses; you need to understand that when your business grows, your operations become extensive. Hence, to fulfill your business needs of maintaining stocks, updating your equipment & machines, paying out the payrolls, etc, takes a toll on your working capital. This is where your business requires funding.
Unfortunately, the current scenario makes an SME owner question the source of his funding. The reason is rigid and tough regulations of traditional channels. The year 2008 has changed the way traditional channels looked at SMEs. They have forgotten that SMEs are the backbone of economy. They need funds to regulate their day-to-day activities. But, negligent to that, they need high credit scores and heavy collaterals, which are hard for SMEs to maintain. Nonetheless, they don’t care!
However, there are funding channels that do care for this suffering. Alt-fin firms like Mantis Funding have provided a number of funding options for a businessman to sought their problems; and, one of them is the Mantis Funding Cash Advance which facilitates SME owners to pursue their expansion plan with ease.
Besides, a cash advance helps a businessman to coupe with their long-term and immediate expenses. The best part about fetching this kind of funding is that your creditworthiness is access on the basis of your business model, expense pattern, transaction history, etc. No credit score, no collateral!
ALt-fin firms like Mantis Funding understand that it is hard for SMEs to maintain their credit score and collaterals. Besides, they also feel that treating every application with standard criteria will be unfair on the businessman. They respect the fact that every business has different set of requirements.
However, the only thing that is required to get their approval for cash advance is the timeframe of your business. If your have been working for at least 3-4 months in the market then you are eligible for Mantis Funding Cash Advance.
In case, you feel that you are not satisfied with the details online, you can raise your query at Mantis Funding Complaints, a platform which features a support staff which aims at patiently clearing your doubts. For them, your satisfaction is everything!
So, who are you waiting for? Pick your phone can contact Mantis Funding to know the details of your customized deal!
25% of the world’s population is shopping online! And that number is predicted to SWELL to 2.14 billion in the next couple of years! I have been thinking of opening up the online frontier for my swimwear business for years, but this statistic is what pushed me to take action on my idea!
I own a swimwear/beachwear business, which I started more than a decade ago. Based in Florida, the sun and sand culture that I love so much is reflected in my business. I run my business from my store, and while I have my tribe of loyal buyers and haven’t lost too much business to cheap e-tailers, it is just a matter of time! I had to get online or get left behind.
Two years ago, I approached Mantis Funding for a cash advance to start online sales, and that turned out to be the best decision of my professional life. Here’s why –
Quick Turnaround Time
I spoke to a digital marketing firm, got my estimated cost, and applied. I got my money in just a couple of days from the Mantis Funding cash advance department. It took a few weeks for the website, e-commerce portal, and all the digital payment back-end to come together, but the funding was literally the fastest part of my entire expansion journey!
Alt-fin Flexibility Was Exactly What I needed
I got the exact amount I needed, the repayment was structured as a percentage of my daily sales, and there was no extensive paperwork. I have no Mantis Funding complaints – their team was super helpful, professional, and very quick. In fact, over the last couple of years, I have gone back whenever I needed additional funding. Small MCAs (merchant cash advances) are exactly right for my add-on seasonal expenses.
Extremely Helpful Team
This was truly a surprise! The alt-lender I partnered with, Mantis Funding, for a cash advance, had an extremely customer-centric approach. The funds manager actually steered me away from more expensive offers! This was one of the reasons I kept going back to them; they genuinely want your business to do well.
What I achieved in the last 2 years with the help of Mantis Funding cash advance –
I launched with ease and speed
The biggest advantage was that I didn't lose time hustling for money through a bank! I was hoping to catch the summer holiday season and was able to capitalize on peak demand and launch my online store with a good, profitable run!
I used several rounds of funding to grow internationally
The first cash advance was not my only one; I have used several rounds of financing from Mantis Funding to expand in the global market. During the first year, my digital marketing investments started showing results, and I was always getting messages from international customers (from as far away as Japan) asking about my designs. Additional funding gave me the confidence to set up a larger production unit and take on the challenge of expansion.
Global supply and distribution chain
As a small company, you don't have to think much about packaging or transportation, but as you grow bigger, these logistical issues and tiny bits of cost savings become more crucial. With access to funds, I could invest in setting up new vendors and supply partners outside the US. I showcased in Brazil, France, and Germany. My expensive marketing trips wouldn't have been possible without help from Mantis.
It is absolutely amazing what easy access to capital can do! I had never even imagined that my little business could go international, but once the ball started rolling, it just seemed so natural. I could only have dared to dream this BIG with capital from Mantis Funding, backing my efforts!
We are one of the most trusted business finance lenders in the industry to offer the best working capital solutions