Smart Business Funding, Not Predatory Lending

business fundingAfter the financial collapse of 2008, which our global economy is still grappling with today, there was a wide array of news reports indicating just how devastating the practice of “predatory lending” was to the market. In the years leading up to the crash, banks happily lent to individuals who–by most estimations–might have had trouble paying back the loans they were given. Consumers used this money to buy cars, start businesses and buy homes. The result was widespread bankruptcy and people defaulting on many of these purchases.

These days lenders continue to lend to people who cannot pay back with skyrocketing interest rates that will be sure to hurt them in the long run. For a small business owner looking far and wide for business funding sources, the results can be even more tragic, resulting in layoffs and shuttered doors. This is why Infinity Capital Funding offers small business funding without these skyrocketing interest rates. The results are loans offered in a way that makes sense not just for a lender but for a business owner borrowing.

It is important that business have resources that can offer business funding without burdening their bottom line in unnecessary ways. This is exactly what Infinity Capital offers.

Air Conditioning for Your Retail Business

funding for small businessWinterizing a retail store is an important step to take in the fall. You insulate the walls, and make sure that people can shop comfortably throughout the colder months. Now, however, as summer approaches, it is vital to “summerize” your business. This means offering the right amount of ventilation or, at best, some energy efficient air conditioning.

Installing air conditioning into your business is important not only for allowing customers and employees comfort, but in many cases for protecting merchandise. All sorts of products from high-end fertilizer to food and vinyl records can require a cool temperature to maintain their usability. In each of these cases, a hot summer’s day can cause irreparable damage that can cost you a huge sum of money to recover from. This is why finding small business funding now to install the right air conditioning for your business is so advisable.

Taking funding for small business and investing in an air conditioner might seem frivolous at first, but in retail it is as vital as almost any other expense. Being able to keep merchandise on the shelf and customers in the aisles are the cornerstones of any successful retail operation. The AC can assure business stays brisk even as the temperature climbs.

Small Business Funding for Better Employees

business funding sourceFor a business that is in a state of serious growth, there can sometimes be trouble balancing the need for investment in the company and staying within your financial budget. This is often the problem with staffing. To keep up with growth, a company needs a talented staff dedicated to the work they are doing. In order to get that staff, a company has to offer a competitive rate or risk getting workers who are disinterested in their work.

To help keep staff happy, many owners of small businesses seek business funding from outside of their own coffers. This is where a small business funding source like Infinity Capital Funding can come in. Through a partnership or a merchant cash advance, we can provide terms that are agreeable to a business still in its nascent stages. The results are happy employees, satisfied customers and business owners unburdened by wildly exploding interest rates on their small business funding.

If you are having trouble finding the right staff or simply holding onto the staff you have, some investment could go a long way in fixing these issues. Look into small business funding solutions that can allow you to treat employees better and grow smarter.

Modernizing and Preserving Customers with Business Funding

small business fundingModernizing a business can be difficult to do. For so many small and medium-sized businesses, the consumer is loyal to the vintage feel of a company as much as to the services or products they provide. Of course as old customers move out of the market, making yourself relevant to new consumers becomes vital. Doing so while maintaining the essence that your loyalists have come to love is something of a tightrope walk.

Finding small business funding opportunities for modernizing a business can be great, but there are classic examples of companies that rattled their customers upon modernizing. A recent example of a huge business that alienated their customers was JCPenny. The company modernized their business at the expense of older consumers (their bread and butter) and hurt their bottom line in unprecedented ways.

As a small business you can directly ask customers about proposed changes before throwing your small business funding at an update that might turn some off. You can also figure out ways to use your business funding to modernize your customers’ favorite attributes of your business without losing their essence.

Holding onto customers is more important than bringing in newbies. Finding a way to do both of those things is the best way to invest in your business.