Alternative Business Financing in New York City
Traditional options in business financing are not always available to small businesses, and this is where alternative business financing in New York City comes in. Solidify is one of the companies offering these services to businesses of all sizes. Small businesses' needs usually differ from those of established businesses in which traditional financiers specialize. Terms of alternative financing sources are more flexible, and they are more likely to be innovative. For instance, our application process requires minimal paperwork, and the time disbursement time is faster than you would find in a traditional bank. These are some of the classic characteristics of alternative business financing in New York City.
Minimal Paperwork
Alternative to Traditional Banking
Quick Access to Funds
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Benefits of Working with Alternative Business Financing in New York City
There are several reasons why you should work with alternative business financing in New York City as opposed to traditional financiers. Many alternative business financiers are also small business loans specialists in New York City since small businesses are more likely to use their service. The following are some benefits.
- Speed: traditional financial institutions take weeks to and sometimes months to be approved. A business, therefore, can apply this as emergency financing and get the money in time to meet the need.
- Easy qualifications: Small businesses, especially start-ups, may have few business funding solutions in New York City with traditional lenders. These institutions ask for a good credit history that may be unavailable. Alternative financiers have more flexible requirements.
- Flexible repayment: traditional lenders usually insist on payments being made in rigid installments. These installments present a challenge for small business financing in New York City because their cash flow may not allow for smooth payment of such installments. Alternative business financing allows one to pay as per their cash flow.
Try Alternative Business Financing in New York City
Alternative business financing in New York City is for you if you have difficulties with traditional lenders. We offer these services to businesses like yours, and some things about us make a partnership advantageous. We have little paperwork, and we disburse the funds expeditiously.
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