As an owner of a small business, it is highly likely that you may need financing at some point. If you’re running a new company or if you have a poor credit score, then approaching a bank for finance may not be a good option. On the other hand, a merchant cash advance from Mantis Funding LLC could be a lifesaver to your business. Let’s take a look at how this form of funding can help financially-strapped businesses in various industries.
Entrepreneurs running a liquor store can take advantage of merchant cash advance to buy bulk stock when there are good offers on premium liquor and vintage wines. Further, it can be used to hire more staff or even upgrade the interiors to provide a comfortable and welcoming ambiance. Alternatively, businesses that are doing well can expand by starting a new store or expanding the existing floor space. A cash advance can also be used to invest in the latest liquor store POS system. To meet all these needs and more, Mantis Funding LLC should be your top choice as it understands the liquor business and its unique needs and challenges.
Whether you’re running a car dealership or a repair store, an automotive business can often be quite an expensive proposition. Unfortunately, banks are usually reluctant to deal with such stores as a business can be volatile. However, as evident from Mantis Funding reviews, there are a lot of stores and shops that have benefited from a merchant cash advance. From stocking up on spares and parts to investing in the latest diagnostic software, your business can grow to new heights with alternate funding.
This is a highly competitive field, as customers tend to favor brands that they trust. Unfortunately, to attract and retain customers, you need enough working capital to keep your store up-to-date. While bank funding is one option, a merchant cash advance will do wonders for your business. Since repayments are made as a percentage deduction on regular credit card transactions, you don’t need to worry about paying back a lump sum amount. You could use the funds to pay incentives to your employees to keep them motivated and loyal. Alternatively, you can give your store a new look to make it more colorful, inviting, and child friendly. You can also choose to update your window displays, change the interior layout, upgrade shelves and furniture, etc. With help from Mantis Funding LLC, you can stock up on fast-moving products for the holiday season and also incorporate safety factors, keeping COVID-19 protocols in mind.
Needless to say, all this and more can easily be covered with merchant cash advance. Whether your business is retail, trucking, healthcare, liquor, or automotive, Mantis Funding reviews will convince you that your financial needs will not go unattended or unfulfilled. Simply fill out the application and see if you’re eligible for alternate financing. It’s the best option to meet your working capital needs.