Guide to Cash Advances for a Liquor Store Business

Although a liquor store seems simple enough to operate, it is far from easy. There is steep competition and store owners vie for customers by doing their best to stock their shelves with the latest and trendiest beverage options one can get their hands on. As the effects of seasonal influences cannot be overlooked, owners need to come up with creative ways to keep the sales going.

Cash advances from Crest Hill Capital LLC work amazingly to lift up those lull periods that fall between holiday seasons. Let us see how.

Funds Minus Collateral

Banks typically demand a collateral for even considering an application when requesting for finance.  Collaterals are a life saver and act as security in the event the borrowed money is not paid back to the financing institution. It definitely lowers the risk for the lender. However, when you approach Crest Hill Capital for cash advances to leverage your business, there are options that work perfectly for you and your business minus the collateral. What more could you ask for?

Easy Paper Work and Faster Processing

The very thought of approaching a bank conjures up an image of a difficult bank manager, stacks of paper work to complete, lengthy discussions and providing an asset as security against the amount requested. Further, you would need to easily wait a few weeks for the approval to come through. Depending on the situation, this can actually work against your favor as the success of your plan may be time bound. Your need could even be an emergency to overcome some unexpected payments. These scenarios are quite common when running a business and Crest Hill Capital has helped a number of business owners in similar situations. Their paper work is quite simple and requires to be completed online. There will be some documents that will need to be submitted such as your bank statements and identification documents. As you will be uploading them, it will end up saving a lot of your time. Once you have agreed to the terms of the contract, you will most likely receive the amount directly into your account within 3 working days.

Payment Solutions That Work for You

Considering that we are still not completely out of this COVID-19 pandemic, business can seem very uncertain at times. With traditional banks, you cannot escape repayments that come like clockwork as you are still expected to keep up with your payments whether you are in or out of business. However, you will not have to go through that with Crest Hill Capital. The options for repayment are many and you can choose to go with one that works for you and your business.  You can opt to pay based on your future sales and commit a percentage of the future guaranteed sales. For instance, if you have taken an advance just before the onset of the holiday season, you will be able to easily pay back a good chunk during that month. In contrast, if you are going through a dull period then again, your payments will be a percentage of that month’s revenue which will not cause a severe impact to your business. Either way, Crest Hill Capital LLC can help you to make your payments as smooth and easy as possible.

Reasons Why You Should Avail Merchant Cash Advances from Crest Hill Capital LLC

Running a business is no easy task. The dynamic nature of business trends requires business owners to be able to make timely investments into requirements that periodically arise. This could prove especially hard for small business-owners as conventional financial institutions make obtaining cash advances difficult. The application process is strenuous and time-consuming, and dependent on credit scores, leaving small businesses without the capital they need to meet time-sensitive requirements. With merchant cash advances from Crest Hill Capital LLC, small business owners can rest assured that their financial requirements are met without much hassle. Crest Hill Capital reviews are all praise regarding the swift and simple processes involved in securing a merchant cash advance. 

Merchant cash advances are not dependent on credit scores

Credit scores reflect the capacity of an applicant to repay cash advances obtained. This is a prime factor that determines whether one can obtain a cash advance from a financial institution like a bank or not. Small businesses with poor credit scores are deemed high-risk applicants, and they are denied any financial help. However, at Crest Hill Capital, credit scores do not sway the application. The experts are approving the application look at the rate of sales and the applicant’s revenue statements to arrive at a decision, making it the perfect choice for small businesses. 

Focus on business development without worrying about repayments 

Conventionally, cash advances obtained from financial institutions are to be repaid as a lump sum amount periodically. This could prove difficult, especially if there has been a season of low sales. However, with merchant cash advances secured from Crest Hill Capital LLC, business owners can focus completely on business development without worrying about repayments. This is because the repayment of merchant cash advances happens continuously with sales until the amount is fully repaid. How this works – with every sale made, a percentage of the proceeds will go directly towards the merchant cash advance’s repayment. The percentage can be fixed after discussions, and the repayment model can be designed according to specific terms.

Merchant cash advances can be easily availed to meet any business need

Whether you need to meet an expense that has suddenly cropped up or if you need funds to pay for planned projects, a merchant cash advance from Crest Hill Capital will work well for any business. Sometimes, small businesses may find it difficult to meet emergencies as they may not have the adequate working capital to make lump-sum payments. This is why a cash advance is highly beneficial as it quickly gets you out of a difficult situation without any lengthy delays. Whatever your business need is, whether the need for new inventory or need to hire more staff or the need to invest in innovation and development, Crest Hill Capital LLC will make sure that you receive the financial assistance required to fulfill these needs. 

Get connected with the right funding source

Crest Hill Capital is a platform that helps business owners seeking to avail merchant cash advances connect with a source of funding that is most appropriate for them. Business owners can apply without paying any fee with the required documents and information. The experts at Crest Hill Capital LLC then go through all of the information and documents furnished by applicants and put forth an offer of financing. The business owners can go through this proposed offer, evaluate it, and as soon as it is accepted, the required funds are directly transferred into the applicant’s bank without any delay. The process of approval of the application takes no more than three days! 

How can the Automotive Industry Bounce Back After Covid 19?

The auto industry in the U.S. almost came to a screeching halt in March 2020 because of the coronavirus outbreak. Sales began to see a sharp decline. Although it was initially assumed that there would be a quick recovery, it was soon realized that it would take long-term and short-term planning to deal with the current crisis. The automotive industry needs to rethink and restructure in order to survive and emerge stronger. Now the major question on everyone’s mind is how? With a decline in the economy, how do smaller businesses bounce back? Luckily, companies such as Crest Hill Capital can help you overcome this crisis. Let’s find out how.

1. Modifying Workstations

Coronavirus is very contagious and is known to spread rapidly in closed spaces. Hence, it becomes very important to protect employees and curb the spread of the virus within your workstations. Certain steps need to be taken to keep staff and customers safe. These steps could include setting up temperature checks, self-screening for employees, redesigning workstations to keep social distancing, or increasing the number of breaks and shifts to avoid too many people gathering at one time. You can also install thermal imaging cameras and plexiglass barriers between workstations and adopt other precautionary measures. Redesign and readjustments are not an easy task, and it requires a ready budget to cover costs. With Crest Hill Capital’s cash advance, you need not worry about these costs as you will have timely finances to make these changes and keep your team safe. 

• Turning Towards Technology

With social distancing in place, most industries are turning towards technology. Successful companies are identifying ways to make use of digital tools such as augmented reality, autonomous robots, and digital simulations. Some companies have begun training their engineers and operators to operate new equipment, which was traditionally handled by instructors who would travel to remote sites. With a cash advance, you can invest in optimizing floor management by using autonomous guided vehicles, which will eliminate the need for other human-operated machinery. 

• Find Alternative Sourcing Strategies

As a business owner, you may have seen a disruption in supply and demand up and down the chain. Many manufacturers who depended on other countries for parts now need to look locally or at other markets. It’s time to evaluate the impact of COVID-19 on your business and identify the changes you need to make to your processes and workflow. 

• Addressing Liquidity Challenges

The U.S. has seen a decline in large purchases, and many are still fearful of losing their jobs. Many auto stores and dealerships are concerned that the pandemic may trigger events such as long-lived asset impairments, restructuring actions, or liquidity issues. To address liquidity challenges, you need to analyze your cash-flow statement and check whether you have real-time visibility for funding. Based on your evaluation, you can consider a cash advance through Crest Hill Capital as an alternative financial source. It is important to establish tactical cash and working-capital framework that is designed to absorb commercial shocks.

The COVID-19 crisis will eventually end, and there is no doubt that the automotive industry will emerge with a whole new perspective. An industry that once worked globally may now have to consider local production networks and reduce its global dependency. Business models may need to be changed to streamline existing processes and bring in digitalization. The current crisis demands that we become more prepared, break old habits, and experiment with new ways of doing things. However, the good news is that with Crest Hill Capital, your financial situation is in safe hands. 

Here’s the Financial Backbone You Were Looking For! Read to Know More About It

Things are changing, slowly but surely! It is a buoyant time to be a businessman. You have all the right things at your disposal. The trouble we faced regarding liquidity is not that persistent, though it is important. You have to be aware of your surroundings. You don’t know when the next recession will strike your house down, or a new pandemic curses the whole world. 

Nevertheless, irrespective of what the world will face next, one thing is for small and medium businesses will define the next phase of economic growth. Indeed, they will! The fact institutions are helping them ensures that the country will never surrender to the next crisis. 

It might come across your mind that why are we saying that. But, before answering that, take a look at this fact. As per The Small Business Economy: A Report to the President presented by the Office of Advocacy, The United States of America comprises of more than 27-million small and medium businesses. And, these SMEs are responsible for generating 50 per cent of the country’s gross domestic product(GDP). 

Amazed? Well, there is more to it. Apart from the GDP, these SMEs are also responsible for these factors: 

1. Job Creation
2. Sparking Innovative thinking and methods
3. Allows people to learn and grow. Thus, creating an air of confidence and financial independence.

Despite all of this, SMEs are neglected. The under-par status assigned to them is just not fair! Traditional channels need to understand that these are the ones regulating the nation. Yes, big players are important but, don’t SMEs deserve the same treatment? Afterall they are sharing the economic pie equally with the cash-rich MNCs. 

Moreover, is setting a standard test of creditworthiness an equitable measure by traditional channels? Do SMEs face the same set of challenges as the MNCs? Perhaps, it is fitting to say that traditional channels missed the trick here. They forgot that, like individual metabolism, economic mechanism differs for a particular business. 

However, the rise of alt-funding channels, like that of Cresthill Capital/Mantis Funding, has altered the financing industry for a good reason. Be it expansion or growth, anything is possible with an alt-funding institution. The fact they are super-fast and uber-modern allows them to transfer funds quickly. 

Besides, their criteria for checking your potential to return is not dependent on your CIBIL score or your collateral. It looks for factors like that of social behavior, bank transactions, fluctuations in the working capital, and the reason for that, etc. They believe that these are the ground things that will determine the potential of their applicant. 

Furthermore, the deals are custom-made according to the requirements of the business. You won’t find a uniform offer throughout. Unlike banks where trucking companies are equivalent to the night club, in terms of funding and requirements, alt-fin firms like Cresthill Capital/Mantis Funding have a separate division for each business. Hence, a better comprehension of the situation and its demands. To add cherry, they have a repayment system structured in a way that it eases with your future sales. Instead of being a hindrance, the repayment structure is a stable pipeline. 

Indeed, this is the financial backbone we have been looking for, our saviors! To know more about related deals and information, try checking their page like that of Cresthill Capital Complaints or call their toll-free number for better assistance on any query.

These Qualities Will Define the Authenticity of Your Alt-Funding Partner!

I owned a trucking company in New York. The profits were great! The symphony within the working group was perfect. However, by the end of 2007, things started to go haywire. Considering it was just an odd-month in my business, I neglected that phase. I became nescient to the calamity, which was about to strike my house down. Following the same pattern, my trucking business failed to highlight profit in the following months. Eventually, under pressure, it came on the verge of shutting down. With employees leaving and overheads increasing, I had to do something that could save my business. 

It was too late to approach any traditional channel for help. Given the recession phase our country entered, it was hard to fetch funds from them. Besides, my credit score and collaterals ranked poorly. So, there was no chance of them helping me. Lost for directions, I came across my peer who was dealing with an alternative financing firm. Though what he explained about the financing structure was lucrative and innovative, yet, I was unsure of dealing with a relatively unknown phenomenon. 

Nonetheless, I took a shot in the dark. And I am glad that it worked wonders for me! It’s been a decade that I have forged a strong partnership with the likes of Cresthill Capital/Mantis Funding. They way they operate a real thing in today’s world. However, like the issue I once faced, many are facing the same issue of liquidity and ignorance of traditional channels. And, with a crowded market, it is fairly easy for them to fall in a trap laid by fraudulent. 

Though I will not boast about how great this industry is, everyone has their own experience, yet, I will mention a few qualities that helped me determine the authenticity of the alt-fin service I was about to deal with. I hope this will help you out. BIG TIME! 

Be Skeptical! 

As you know, I was in dire need of help. But, I was determined not to sign anything, for a short term gain, that can hamper my future. So my skepticism while the initial days of dealing with alt-fin firms helped me. There might be times where you will face incomprehensible jargon of their industry. Be adamant about asking them to simplify that for you and seek satisfaction only when your questions are answered. Remember, this is not about you; it is about your business. Also, this will help you figure out the nature of that funding partner. 

Loyalty and Faithfulness

The best thing about the firm like Cresthill Capital/Mantis Funding I dealt with is that they displayed loyalty and faithfulness throughout the deal. Not once did I feel that I was dealing with a hypocrite. The person assigned to me was nice, gentle, and patient. He guided me through different things and explained the terms and conditions. And made it clear that my returns were based on my future sales. 

Moreover, he provided me with their helpline in the form of Cresthill Capital Complaints. Here, a group of professionals work to solve any query raised by you regarding any deal or terms and conditions.

What is alternative lending and how it can give a boost to your small business?

Alternative lending is a boon to small business owners, especially those who are looking for some additional cash to give a boost to their small business or add a new line of products or services. However, many small business owners, especially the ones who are just venturing out, might not be aware of alternative lending and how they can benefit from this lending option. In this post, we aim to talk about what is alternative lending and how it can give a boost to your small business.

Broadly speaking, alternative lending is a range of different lending options apart from the traditional ones. Alternative lenders do not pay too much attention to the usual approval factors such as credit scores, and hence obtaining it is much easier as compared to the traditional ones. Alternative lending is flexible in terms of repayment schedule, approval, and often provides cash faster. Small businesses that need quick cash to meet some immediate expenses benefit a great deal from alternative lending.

Since the entire process is much faster as compared to their traditional counterparts, many small business owners prefer alternative lending. If you’re still skeptical about their authenticities, then be informed that the alternative lending industry is well-establish and well-accepted in the market. Cresthill Capital is one such that has earned a high level of trust in the financial community.

How alternative funding can boost a small business
The biggest benefit of alternative funding is it is fast and hassle-free. Whether a merchant is stuck for extra cash flow or needs to meet an immediate expense – alternative funding is the solution for meeting all kinds of financial crunches.

Types of alternative lending
If you’re looking for fast liquid cash, then look for different alternative lending options available to you. Some of the popular alternative financing offers are merchant cash advance, business line of credit, equipment cash advance, invoice factoring, etc.

For example, invoice factoring is a type of alternative lending where a business sells its invoices or accounts receivables to an alternative lender for some immediate cash. If you are looking to bring in new equipment to your business to speed up the operations, and equipment cash advance can be a great option for you. Instead of blocking a big chunk of cash by purchasing the equipment, you can take the equipment on lease. A merchant cash advance is yet another alternative lending option where the lender gives you cash upfront in return for a portion of your future sales.

Until the advance is paid in full, you need to pay a portion of the amount on a daily or a weekly basis, along with the fees. If you’re a business with steady sales, you can be benefitted from a merchant cash advance. Many merchants prefer this form of alternative lending because it is pretty quick – you may expect it within 24 hours of approval.

Are you looking for alternative lending and not sure where to find a trusted and authenticated solution? Visit Cresthill Capital and read reviews to make an informed decision.

Lenders like Crest HillCapital offer all the advantages associated with alt-lending – speed, easy approvals, and a flexible bouquet of ready-made deals. And if your requirements demand something different, then managers at Crest Hill capital review your application and create a bespoke offer as well!

Cash Advance: How Is It Assisting Medical Store Owners?

Owning a medical store is a substantial mode of earning and investing money. Further, looking at the way the health industry is progressing, a medical store offers the investor to be an integral part of the industry with unmatched perks.

However, with modernization and innovations, this industry is moving faster than anyone could have thought. Furthermore, the introduction of online medical applications has raised the bar for medical store owners. The need of the hour is to be on the toes! This means that the business will require investment to upgrade. This is where alternative financers like Cresthill Capital/Mantis Funding come into the game.

Why opt for alternative financing firms for a cash advance?

These firms ensure that they provide the owner with the appropriate cash advance so that the owners can meet their goals. Quick advance cash ensures a smooth flow in the run and growth of the medical shop.

Besides this, the question that comes to our mind is why alternative financing firms like Cresthill Capital/Mantis Funding? Why not the traditional option of going to a bank?

One can opt for traditional options, howbeit, ask yourself one thingー when in an urgent need, will you line-up yourself for never-ending rounds of a bank, or you will look for a firm that cares for your needs of quick cash?

Perhaps, the wise decision lies in the second option. To excel in this era of competition, businessmen would love to see their financial plans hitting the bullseye. This is the reason why coupling with an alternative financial firm like Cresthill Capital/Mantis Funding helps businessmen to meet their regular needs, which helps them to outgrow their competitors.

The best thing about these financing firms is that it helps the owner with a number of options which are designed as per the need of the business.

Why is a cash advance important for medical store owners?

To ensure that there is an uplift in sales of the medical store, the owner needs to make sure that he has covered its every aspect. There are various reasons why cash advance is important for small business owners. Here are a few of them:

Cash for marketing strategy:

Making a layout and doing in-house merchandising creates a big difference in this business. This not only helps in increasing the front-end sale but also helps in creating a brand value in the eyes of customers. However, an owner cannot use their reserved funds for this activity. There is a need for cash for this short-term layout plan; thus, taking the help of firms like Cresthill Capital/Mantis Funding can be quite fruitful.

Making sure that stock and stockist are intact:

An even flow of stock means that the stockist is well paid. Though there will be times where the sale will not turn up the way an owner would expect, and pending payments will create a little burden over the shoulders. This is the reason why cash advance plays such a crucial role in the development of maintaining a smooth flow for these businesses.

Even though the services of these firms are quick and efficient, the owners can visit pages like Cresthill Capital complaints to write their issues and get it cleared.

Paying good to the management service for better output:

A cash advance can also be used in paying a handsome amount to the management team of the store. Paying them will ensure that they remain loyal to the owner and more so they will work hard to get the sales numbers higher than the previous week.

Why Choose Alternative Lending Over Traditional Lending?

Do you keep chasing traditional lenders to fulfill capital requirements for your business expansion? Are you tired of long paperwork and waiting time for approval from banks? Are you tired of running after people to access funds for your business? If so, why haven’t you tried alternative lending yet?

In the last decade, a number of alternative lending companies like Cresthill Capital have emerged and saved the small and medium scale business owners from all the hassle. In fact, a number of SME owners have started to realize that it is a far better option than banks and other traditional lenders when it comes to small business funding.

Wondering why? Well, just go through these points below carefully to get answers to all your doubts:-

• Quick & Easy Approvals

In a normal scenario, banks do not really prefer funding small and medium scale business owners. One of the biggest reasons for this is a not-so-great credit score. On the contrary, prime alternative financing companies like Cresthill Capital Reviews all the applications closely and aims at processing each one of them as soon as possible. Unlike banks, it does not take ages to approve an application.

And that’s because, instead of credit scores, it checks other transactional details of the applicant for judging the creditworthiness. Massive automation as well as digital accessibility to check details such as sales records, social media history, cash flows, etc. help alt-lenders work so swiftly and smoothly.

• Flexible and Customized Offers

Since banks and other typical money lending organizations have to follow a number of regulations given by the government, it becomes very difficult for entrepreneurs. An urgent requirement of money when you do not have enough assets to put forward as collateral can even cause business failure.

However, Cresthill Capital and other leading alt-finance companies offer a number of flexible funding options to its customers which can be extremely helpful in adverse conditions. A few of the most popular types of small scale business funding include- working capital funding, equipment funding, expansion funding, business line of credit, merchant cash advance, etc.

So, basically, no matter how small or large scale funding your business requires, there’s always something for you at alternative funding companies.

• No Credit Score, No Collateral

When it comes to the approval of applications, Cresthill Capital Reviews the revenue stream of the applicant and NOT the credit score. For alternative financing companies, the credit score and collateral do not play a vital role. Instead, they consider other important factors for considering credit approval. Since alt-lending is open to alternative factors of calculating the creditworthiness, more and more small business owners are getting attracted to it.

As long as all the factors support the direction of debt repayment, your application can never be disapproved. Nevertheless, to skip cheating or hidden costs, it is always suggested to go through online reviews of your private fund provider before making a deal.

Choosing trustworthy and reliable alt-lending companies like Cresthill Capital can give you the freedom to expand, innovate, and recreate your business without worrying about funding.

Top Reasons To Boost Your Small Business With Non-Bank Funding

Are you a small scale business owner looking for fast and easy funding to expand your business? If yes, it is quite possible that will be considering alternative financing options very soon. The main reason for this is, conventional financing institutions like banks do not seem to fund small or medium scale businesses considering that they can neither offer collateral nor have a good credit history.

As a matter of fact, there are really a handful of small business owners who have a perfect credit score and collateral. Therefore, alternative financing happens to be the best option for entrepreneurs who wish to turn their expansion dreams into reality. Below are a few great reasons why you must choose non-bank funding over other financing options:

Flexibility: Unlike banks, where every term and condition is as firm as a rock, funding from non-bank financing companies like Cresthill Capital is a bliss. They tend to work closely with their clients in order to get a better understanding of their strengths and limitations.

Once all the verification is done, the company offers cash advance according to the need of the clients. Also, the speed of the transaction of funds into your account is so fast that it seems almost like magic. Now, what more could a businessman ask for?

Speed: When there is an immediate requirement of cash inflow, approaching a bank could be a really bad decision. According to Cresthill Capital Reviews, sometimes cash requirements are quite urgent and last-minute. In such cases, alt-finance companies can assure superfast approval to applications so that the money reaches you in the minimum time. Fast and flexible funding is what makes alternative finance a lot better option in comparison to other traditional modes of funding.

Personalization: The funding requirements of every business owner is different from each other. Probably that is why personalized funding is all that every small and medium scale business owner needs. No matter if a business owner requires small funds within one or two months for investment or long-term large cash sums so that he can repay through his overall sales, trusted companies like Cresthill Capital offer funding options that are perfectly tailored for such requirements.

Ease of Approval: Whenever you hear alt-finance companies claiming that funding has become easier and your credit scores are no more important, the first thing that comes to your mind is whether this is true or not. Well, believe it or not, this is actually the truth!

However, you need to understand that instead of relying on your credit scores, Cresthill Capital Reviews other important transactional data like revenue stream, patterns of expenditure, and overall sales which helps in judging your creditworthiness much more accurately. Not just that, you can also rest assured that if you have a great business plan, your application will be approved in no time.

So, whenever you think there’s a big growth opportunity for your business, just go for it without worrying about your funding needs. Because alternative financing has got your back

Financing For Small Enterprises

Funding problems may arise at any stage in a company’s development. It is imperative that these problems be solved and financial stability be achieved immediately, this applies to businesses irrespective of their size or the product they are manufacturing. Business financing is usually done by getting cash advance from private finance companies such as Crest Hill Capital LLC, business to business financing, banks, and government cash advance.

Cresthill Capital works with small business enterprises and provides them with financing options to suit their risk and credit evaluations. This financing becomes necessary because a small entrepreneur typically would not have all the money he needs to set up his business and get it running. Crest Hill Capital is an established leader in the industry.

Its micro business funding programs provide opportunities for small business owners to access flexible, competitive, and dependable financing options.

Quick Capital Solutions!

Financial stability enables a company to access the required funds to manage its day-to-day operations. However, in the event that a company is not financially stable, it is imperative that they receive financial assistance by means of funding. Time is of the essence here, capital solutions are effective only when they are quick enough to mitigate the problems that have cropped up.

With Crest Hill Capital, capital solutions have been made easily accessible. Small businesses may request financing online or even contact the company via phone to meet their working capital deficit. Queries regarding the available funding options and other related inquiries are met with quick responses. Solutions are just one call away!

The Extra Help Small Enterprises Require

A business cash advance is vital for small businesses. They need partners who they can trust and depend on for their financing options. Going to a bank is not always easy and efficient as the process could be long and time-consuming. Capital funding companies such as Crest Hill Capital adapt their funding to the needs of the client’s businesses.

The needs of these businesses usually include more finance to hire additional staff, to buy more equipment to increase their production, or maybe even to refinance an old debt that has become difficult to repay. Going through Cresthill Capital complaints and seeking help from the Crest Hill capital customer service will help them to determine if this is the right company to choose for their needs.

Choose The Right Funding Company

Cash advances by capital funding companies are not free, which is why choosing the right one is always so important. It is inevitable that customers have complaints about these companies. However more than the complaints, the way that the company approaches these complainants and resolves the problem for them is important.

Crest Hill Capital LLC has the reputation of providing exceptional service to their clients and helping small businesses grow by supporting them promptly with financial assistance. They have onboard a team of skilled expert finance professionals who are well informed and knowledgeable about the different kinds of industries in the market.