Congratulations! You’ve successfully turned your brilliant, original idea into a working small business. In fact, your business is taking off so well that you’re actually growing significantly faster than you thought you would. While rapid growth and a positive market reaction to your small business are great news, expanding too quickly can result in a number of growing pains for your operation. Whether you just started your own craft bakery shop, a handmade shoemaking business or you rent party supplies, The Commercial Finance Group wants to work with you to fuel your passions in the form of your business.
Bank Loans and Growing Pains
Again, rapid business growth means that your idea is more than successful, but what this means is that you are likely running low on working capital that you need to finance your day-to-day operations, workforce expansion, acquiring new tools or machinery, and so forth. So what are you going to do for capital funding?
Naturally, you turn to your trusted local bank to help you secure a necessary loan to further finance your operations. After all, it’s not like you have a choice because your business needs the money one way or the other. With the idea that you’ll be able to quickly pay back the loan once it has created additional value and profit margins for your growing business, you’re probably expecting to get approved fairly quickly. After all, your business is clearly successful, so where’s the risk in a loan from the bank?
Traditional Bank Loans Are Timely, However
To your dismay, you realize that it’s going to take more than a few weeks to get your desired loan amount processed from the bank – if anything, you might be looking at a timeframe closer to months than weeks. We understand that this is frustrating news because you want your business to grow rapidly, but The Commercial Finance Group has some good news for you!
We Offer Flexible, Timely Lending Solutions
What we like to say at The Commercial Finance Group is that when other banks say ‘no’ to your loan request, don’t panic! If you’re waiting from a payment from a large client or another lump sum of money for your accounts receivable, but the bank won’t approve a loan on the basis that you don’t have an established credit relationship with them, then we have B2B lending solutions that your small business can seriously benefit from.
Finding The Right, Customized Solution For You
While traditional banks will spend your precious time underwriting your business information, The Commercial Finance Group will work with you personally to find the exact loan amount in the right timeframe that you’re looking for. We pride ourselves on the personalized, customizable aspect of our lending solutions and the ability to find a solution that works for you no matter the obstacles. Where other banks fail to support your small business, The Commercial Finance Group is there for you with our effective cash flow solutions and working capital loans. Questions? Get in touch with The Commercial Finance Group today and we’d be happy to work with you to find the best lending options that work with your small business situation.