How many times has it happened that you went to a traditional channel for funding, and they rejected you solely on the basis of your credit score? Has it ever occurred to you that their regulations don’t allow them to provide you with any kind of help despite knowing that you are an SME owner?
Well, congratulations, you know it now! Ever since the Great Recession hit an unprepared market, the traditional channels were the ones who suffered its impact the most. So, it seems pretty obvious to see that they were bound to introduce water-tight funding regulations.
However, one is bound to wonder what loss these tight regulations did to a small and medium business owner. Everyone knows that while trying to maintain smooth cash flow, SME owners tend to suffer from poor credit scores. And, given their need for quick funds, they need a helping hand that can safeguard their financial needs.
This is where alt-financing options like that of Mantis Funding Cash Advance come handy for SME owners. Alt-fin firms ensure that they help the businessman in whatever capacity they can.
What’s the best scenario for such a service?
Before I spill any beans, let me tell you that I approached Mantis 3 years ago for my retail store. My regular earning is based on daily card swipes. When I visited them, they checked my revenue stream, how I generated my store’s earnings, expense patterns, future revenue, and social media behavior. Luckily everything fell into place. After digging into their various options, I decided to go with Mantis Funding Cash Advance. The repayment option was flexible. So, my experience with them has been satisfying.
When you approach them, there are two things they look for: your revenue stream, and the source of your income. Having a daily card swipe as a source of earning gives you an edge in these matters.
The repayment structure is extremely flexible. It is absolutely the business owner’s choice whether he wants to repay on a daily, weekly, or monthly basis, and the same is agreed in the contract with the alt-finance company.
Not only that, but also they make sure that we are their top-most priority. They have provided a platform in the form of Mantis Funding Complaints where their team constantly works to assure that your doubts and queries are sorted out in a short period.
Again, this is one thing that has created a lot of noise in the market. Application processing and then funding takes a lot of time, but this is a thing of the past. Since the arrival of MantisFunding, things have shaped for good. Firstly, they have made it hassle-free. Secondly, they have made it efficient. And thirdly, they have removed the tedious paperwork. Besides, they have made the entire process online, which is very convenient and simple.
Once you are done with the application process, a professional advisor, after reviewing your application, will get in touch with you. The advisor will ask you different questions regarding your business model, its requirements, the risks involved, and many more like that. These questions help them to have a better understanding of your businesses. Hence, they are able to design a tailor-made fresh deal for you. If everything works out well, they start their work to provide you funds as quickly as possible. Besides, as per your urgent requirement, they can even process it within 24 hours of approval.