How to Find the Right Alternative Funding Partner?

There is no doubt that a merchant cash advance taken from the right provider can make a positive difference to your business. Whether you own a medical store or an auto repair shop, immediate funding can help you meet urgent business needs. Mantis Funding LLC has worked with hundreds of businesses in different niches, helping them achieve their vision through timely and affordable financing solutions. However, you may be wondering what makes Mantis Funding different from other providers? Why trust this company when there are several others in the market who seem to offer similar services? Here are some tips to keep in mind when you make a final decision.

 

Business-friendly initiatives

Merchants don’t have Mantis Funding complaints because this company truly believes in helping their customers succeed in business. They come up with the most feasible funding solutions that will enhance productivity or profitability in the long run. Their goal is not to make a fast buck but to build a fruitful business relationship that will be a win-win situation for all. 

Transparency and clarity

When it comes to any financial arrangement, it is important that there is no ambiguity in the process. When you apply for a merchant cash advance through Mantis Funding LLC, they will clearly outline all the details in the agreement. Therefore, you won’t have to read between the lines or worry about the fine print. They believe in giving you all the relevant information so you can make an informed business decision. Further, the company representatives will be happy to answer any doubts or clarifications that you might have.

Speed of operations

Mantis Funding complaints are not common as customers are delighted with how soon they receive funds after their application has been approved. While merchant cash advances are popular in the market, there are only a few companies that have a simple and quick process to ensure that funds reach you as quickly as possible. In fact, most customers receive the money in their business bank account in less than three days. With extra funding, you can not only meet urgent needs but you can plan for the future of your business.

Customizable solutions

Mantis Funding LLC believes in creating a personalized funding solution that is right for your business and its requirements. Fees and repayments terms are carefully chosen in such a way that it does not cause any financial strain on the existing business. Further, with a merchant cash advance, you only pay a percentage on future credit card sales. If your business does well, you can repay a higher amount and pay back the advance faster. Similarly, during a lean season, you only have to repay a smaller amount.

There’s only one company that meets all the above criteria for alternate funding- and that’s Mantis Funding LLC. Your best move would be to contact them for more details and identify how they can help meet your financial needs with a merchant cash advance.

Ways That a Cash Crunch Can Negatively Impact Your Business

You’ve finally got your business operational and running, but now a poor cash flow has caused a big slowdown or shutdown. Since cash is the lifeline of any business, a quick capital injection can ensure that the company stays afloat and is able to salvage things that suffered in the process. 

What Business Problems Are Caused by a Poor Cash Flow

 

Cash flow for a business comes in through interest, sales, and advances from companies such as Mantis Funding LLC. There may be certain periods when the revenue earned isn’t enough to meet expenses such as material and equipment purchases, repayments, and salaries. When you are unable to meet demands and contractual obligations due to insufficient funds, it could affect your business relationships and damage your reputation with clients. Clients will quickly move on to another business that can give them what they need, which will result in fewer sales and profits for you. As an entrepreneur, your credit score is vital to gaining business credit. Not being able to make repayments on time or inability to pay the debt will lead to a negative credit score and even legal action. Businesses that wish to expand would need to invest in a new inventory. A poor cash flow can put a dent in business operations and bring it to a halt. Employees are the engine of any business, but you can easily lose out on manpower if you are unable to pay your staff their salaries. In the long run, it will affect your business reputation and operational capabilities. You could lose out on vital contracts if you cannot pay suppliers, workers, and other stakeholders.

 

What Causes Cash Flow Problems in Business?

 

All businesses go through a period of slack when there are lower sales, mismanagement, or a pile-up of inventory that is slow-moving. This can cause gaps and lead to insufficient funds to repay debts or pay bills. Your small business can collapse if it is unable to sustain the cash flow. You will lose out on employees, suppliers, and creditors, which could threaten your business existence. Mantis Funding complaints are unheard of since they offer quick and easy capital that can give your business a fighting chance. Consistently defaulting on payments can negatively affect your credit score, which in turn could damage the creditworthiness of your business. Once you have a low credit rating, even suppliers and lenders will think twice before offering credit. A cash crunch can affect your chances of having a competitive edge over your competitors since you will be unable to buy new materials or supplies, reducing production levels. 

 

What Remedial Measures Can You Take?

 

The most common way to boost your cash flow is by increasing sales. This can be achieved by lowering prices or by offering discounts. Another viable remedy is to introduce cost-cutting measures to reduce expenses. Alternatively, merchant cash advance companies such as Mantis Funding LLC can offer personalized capital and repayment options to help you get your business up and running once again. 

Get the funds you need to ensure that your business continues to run even during slow periods. Remember, a cash crunch can affect the overall growth and future investments of your business.