If you’re the owner of a small to medium-sized business and you’re in need of additional working capital to finance day-to-day operations, you have multiple options. After doing some research and looking into various small business loan companies, you’ll notice that there are a number of private companies and banking institutions to choose from for your funding needs. But what makes one company stand out from another?
Finding The Right Small Business Lender To Work With
The truth is, most of these small business lenders offer a very similar service with relatively similar customer service. Other than reading reviews and testimonials, it’s hard to guide your decision and put your faith in one particular lending company. To help aid your research for the best small business lending company, The Commercial Finance Group offers a few key areas that you should keep in mind:
Clarity In Who They’re Willing To Work With
Maybe your company is small and has an annual revenue that doesn’t meet the requirements of a particular lender. In other cases, maybe your business has too great of an annual revenue for a lender to work with you. In our “About Us” page, we make it very clear that our SMB lenders only work with companies in the B2B sector with annual revenues in the range of $250,000-$40,000,000.
Comprehensive Assistance With Business Development
At the end of the day, the primary intention of our services is to add value to your business by helping you grow, develop, or stabilize your operations. It’s important for a small business loan company to make their benefits absolutely clear, and The Commercial Finance Group does so in the way of:
- Accounts receivable financing (A/R lines)
- Purchase order (PO) financing
- Factoring (recourse factoring, non-recourse, full-notification, and non-notification)
- Asset-based lines of credit (A/R and inventory-based lending)
- Compete, worry-free A/R management programs
- In-transit finance
It should only take a prospective customer or client only a minute or two to determine the specific lending services that a SMB lender offers.
Availability
Most business owners aren’t finance experts — in fact, we hardly expect you to be an expert about your company’s cash flow situation. Unless you have a CFO or someone who works internally as a dedicated financial expert, you need to rely on lending experts who can thoroughly and clearly explain what it is that they’re providing for your company. In other words, your small business lender in question should be patient, willing to answer any questions, and responsive when you reach about to them.
Success Stories
These articles are really valuable because they prove that a company’s lending service(s) are actually benefiting other companies. The Commercial Finance Group proudly provides multiple success stories on our website, highlighting “wins” with clients over multiple industries.
Your Search For A Small Business Lending Company Ends With The Commercial Finance Group
To work with a team of seasoned financial professionals that you can trust, look no further than our small business lenders based in Atlanta and Burbank. Request more information today.
