What is Mantis Funding Cash Advance? Let’s Decode This Today!

Before going into any depth of understanding this financing option, we would like to ask you a couple of questions: 

1. Are you an SME owner? 
2. Did you approach a traditional channel? 
3. Were you let down by their ignorant nature? 
4. Did they make you do rounds for a month before claiming that you have a low CEBIL score? 
5. Most importantly, do you aspire to change the dynamics of your business? 

If your answer to the first four questions is yes and there is a fire in your belly then, Mantis Funding Cash Advance is the best financial solution you will get to accomplish your dreams.  

The rise of alt-funding firms has changed the financing atmosphere. The monopoly is about to end, and, if predictions are to be believed, alt-fin firms will rule the upcoming decade. However, the question here is, why and how?  

 

With an option like Mantis Funding Cash Advance, alt-fin firms have targeted the most crucial aspect of funding. Besides, they have worked to smoothen the painful area of the consumers. On the one hand, people wanted fast cash, easy but flexible repayment, and less hassle. On the other hand, traditional channels were rigid regarding their terms and conditions. Moreover, the repayment structure was a done to death idea of going through the EMI system. 

 

However, with the advent of innovative funding options, the landscape changed in favor of the consumer. Small and medium scale businesses who mostly derive their revenue through card swipes were made to repay the way they wanted. Yes, you guessed it right! The repayment takes place on the overall sales or the future sales of swiped cards. Apart from that, the repayment schemes are made flexible to lessen the burden on the owner. A business owner can opt as to how he wants to pay the funding partner. Be it daily, weekly, or monthly, it’s the applicant’s choice!  

 

Moreover, the funds were provided well in advance, as the name suggests. Hence, the small and medium enterprise owner does not have to wait for months to grow or upgrade. Still, to gain this funding, all you have to do is to maintain your track record and social behavior. Factors like past transactions, fluctuations in revenue, behavior on social media, and your customer feedback, etc., will play a pivotal role in determining whether you will get funding or not. Further, their application process is hassle-free. Away from the heavy documentation, their system, backed with AI/ML, provide a way out in a few step process. In case you feel you are unable to fill the form, you can also contact them on their toll-free number. 

 

Besides, if you feel that there is an issue with the offer or you seek clarity over the repayment structure of your deal, you can raise your query on to their Mantis Funding Complaints team. The people handling this platform are professionals trained to enhance their user experience. Moreover, people are very patient listeners and will understand your problem to help you out.

Planning a Business? Here are a Few Options that Can Allow You Easy Access to Funding

Dreams are important, and they define us! A human without dreams is like an empty bottle. Why do we work? Why do we fall and get up? Why do we keep persisting until we have done something substantial? Of course, all this is because of our dreams. And, when you dream of having a business, you know that you need substantial help from a trusted channel. 

Moreover, there should be no one who can say that you cannot achieve it because they are not liable to help you just because your credit score or collateral is not up to their standards. 

Nevertheless, if there are hindrances, there are ways to conquer your target. It is up to the person to choose between the two. With a trusted funding option like that of Mantis Funding Cash Advance, we can work to achieve our business goals. All it will take, along with essential funding, is our hard work, determination, and undeniable urge to back down. 

 

Although every business option is a viable option if implemented properly. Still, here are a few prospects that many in the industry believe that can help you seek both growth and funding:  

 

Nightclubs

 

The adulation for nightclubs will only increase with time. If you are someone who loves being in the company of people who are gregarious and passionate about the nightlife, then it is perfect for you to ply your trade in this field. Moreover, if you have strong PR, you can also work around to arrange concerts and shows from celebrity DJs, musicians, and other EDM stars for a better gentry. 

 

Automobile 

 

Cars are always in fashion. People with an obsession with cars are always looking for options that can help them satisfy their love for it. Perhaps, using Mantis Funding Cash Advance for owning an automobile with an outstanding store can help you gain elite clients and better revenues to match your needs.  

 

Trucking

 

Logistics is another important aspect of our daily lives. People will migrate in search of a better living, shopkeepers will need products for better inventory, there will be constant shuttling of products manufactured by MNCs, and there will be much more to help your clause. Your shipping fleets can turn out to be a blessing in disguise for a troubled businessman. 

 

As per Mantis Funding Complaints, trucking business owners are the most frequent applicants to seek funding to improve their service with better equipment, tires, and sometimes, a possibility of expansion.  

 

Retail Stores

 

Irrespective of irregularities, this is one prospect that will never go out of business. Moreover, the retail store is the second to trucking in terms of application. Given the fact that people will need their day-to-day products regularly increases the likelihood of a better future.

Alternative Funding: Reasons why alt-financiers and your business makes a perfect match

The landscape of the finance industry is changing. There was a time when a small or medium cap businessmen had to bear with the tantrums of traditional funders. However, due to their tight purse strings, which opened far too less and infrequently for those with great credit scores, gave way for alt-financiers like Mantis Funding who understood the problems of SMEs.

Further, the alt-financiers take note of the fact that SMEs are time-sensitive and need immediate funds to run their business smoothly. This is also a reason why opting for alternative financer makes more sense instead of a traditional one.

Apart from that, there are more services provided by companies such as Mantis Funding making them a smarter and better option for a businessman to opt for over a traditional funder. Nevertheless, to clear the air, here are a few reasons why this is the right decision for a business:

They know the needs are time-sensitive

Time is money and money is business! As a businessman, one cannot afford to blindsight themselves to an idea or opportunity. These growth opportunities do not present themselves twice. Hence, a businessman needs to be aware of the tiniest possibility which could, possibly, a way to capture the market; however, for that funds are needed.

And, what if the funds are needed urgently? Traditional financiers won’t approve the request that fast; so where to go? In such a case alt-financing firms like Mantis Funding help in disbursing funds that too within two days. If there is more urgency, they consider it a special case and can fast track the application approval to 4 hours! Indeed they do. Thus, preventing the pain of getting caught in the waiting section.

Prevents the SMEs from the brutal loop of toxic debt

The last thing for SME to worry about is their credit score. The credit score is a roadblock in the way of SMEs to expand and grow. The worst part is that this credit score is the basis for receiving any kind of funding from the banks. Thus, the pressure to maintain a good credit score takes a toll on the growth and creates a brutal loop of toxic debt around future growth.

Nevertheless, the presence of alternative financing firms like Mantis Funding has saved many SMEs across the country from this loop. The best thing about these firms is that they review a businessman’s application for funds without needing their credit score!

Fast and efficient documentation

There is no hiding the fact that documentation with traditional banks is long and arduous. The wait seems like an eternity and documentation endless. And opportunities don’t see all this, they come in a flash, a businessman needs to pounce on it like a predator to turn the market on its head.

However, the documentation of traditional funders doesn’t provide space for such arrangements and no one wants to lose these chances. So what should they do? This is where alt-financing firms come into the scene. They value the time of their client. For example, firms like Mantis Funding reviews funding applications quickly, and their documentation process is super-fast.

From being the last option to a primary choice, alt-funding has traveled a long way. Further, it is becoming a safe and reliable option for many businesses to grow and expand.