[vc_row][vc_column][vc_column_text]Despite the economy recovering, banks are still hesitant to lend capital to small businesses. They prefer to work with larger companies for what they perceive to be more ROI. Because of this, alternative lending has risen a lot in popularity recently. If you are a growing organization, you may think that banks are the only way to get capital. But companies like Cast Capital say yes when banks say no. And often times, going through a non-traditional lender is better for your growing business. And here’s why:
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_custom_heading text=”Get your money fast!” use_theme_fonts=”yes” css=”.vc_custom_1515440332880{padding-top: 20px !important;}”][vc_column_text]With banks, not only is funding unlikely – but getting funded can take a long time. Business, especially small businesses, often need their capital immediately. Cast Capital speaks with hundreds of companies about addressing their needs for immediate funding. Lucky for them, getting money at lightning speed is very possible. We fund businesses within 48 hours at the latest. So when times are tough, you won’t have to worry about making payroll, purchasing equipment you need, or anything else.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_custom_heading text=”Alternative lending has programs that match your business” use_theme_fonts=”yes” css=”.vc_custom_1515437569072{padding-top: 20px !important;}”][vc_column_text]Small businesses have specific needs. These needs are much different from larger corporations. Alternative lenders have a wide variety of programs to fulfill these requirements. For example, with a Line of Credit, borrowers only pay interest on the funds they withdraw. This is perfect for companies whose revenues streams are unpredictable and need to be able to make daily expenses and free up cash flow.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_custom_heading text=”Personalized approach ” use_theme_fonts=”yes” css=”.vc_custom_1515438489174{padding-top: 20px !important;}”][vc_column_text]Unlike banks, direct lenders take an honest look at your business. There’s so much more than your credit score that we use to underwrite your company (we call it common-sense underwriting). By getting to know the business and the people who make it possible, we’re able to place confidence in businesses where banks might shy away.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_custom_heading text=”Is this kind of lending for everyone?” use_theme_fonts=”yes” css=”.vc_custom_1515438994913{padding-top: 20px !important;}”][vc_column_text]For some companies, it might be better to go through a bank. However, for small businesses, we’d highly recommend going to a direct lender. Is this something for every small business? Probably not. But for most companies, it can help make purchases, meet expenses, and expedite growth. And it works! We’ve watched hundreds of businesses use our capital to reach new heights.
What’s the best way to determine if a certain financial program will be a fit for your company? Get in touch with the Cast team! We’ll take a look at your financials and discover what’s best for your business.[/vc_column_text][/vc_column][/vc_row]
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