It’s not always a clear decision, but these tips help business owners identify when they’re company has a prime growth opportunity.
SAN DIEGO, April 16, 2014 /PRNewswire/ — Leading alternative financing company Reliant Funding has released a set of tips to help business owners in various specialty niches understand when their company is ready for growth.
“For small business owners, it’s tough to keep track of all the moving parts when there’s a limited amount of time, and more things to do than time available. We want them to know when circumstances are right for their company to get financing and expand their operations. And we make getting business financing simple which helps businesses quickly capitalize on opportunities,” said CEO Adam Stettner.
“The business simply needs to gross $10,000 per month in sales, have no open bankruptcies and be in operation for at least 12 months. Just a single page of paperwork needs to be done and recent financial statements must be provided. After that, it takes about 3 business days for our clients to get up to $500,000 per location,” he continued.
The following businesses may be primed for growth if they are experiencing these circumstances:
- Restaurants and bars – To succeed in this business, owners must target a specific demographic. If the customer in general loves the food and drinks, it may be time to open a second location that sells to the same type of customer. In addition, seasonality could spur business renovations.
- Auto repair – Because there are many competitors in the auto repair niche, businesses that have consistently been able to make it through the tough times and prosper in the good ones are prime candidates for growth.
- Health care – In order to remain successful, health care providers must provide a welcoming environment to patients with state of the art equipment. If they find that patient’s repeatedly request services that are not currently offered, this could be an opportunity to purchase new equipment for expansion of practice services.
- Retailers – If your business is past the point of knowing your current customers, then it may be time to put more money into marketing and renovations. Or if certain products are not moving, testing new inventory could be in your future plans.
Businesses across the nation that need fast, convenient access to capital should contact Reliant Funding at 877-850-0998, visit www.ReliantFunding.com, or e-mail Info@ReliantFunding.com. Reliant Funding can help businesses get capital to grow. Funds can be used for anything from purchasing inventory and equipment to renovation and expansion.
About Reliant Funding
Based in San Diego, California, the company provides alternative lending solutions to businesses across the United States. Reliant Funding prides itself in offering funding solutions for businesses of all sizes with high approval rates and first-class customer service. Funding specialist’s help business owners identify the appropriate funding solution for their business.
SOURCE Reliant Funding