According to an article published this week by Forbes Magazine, the holiday rush can be a stressful time for small businesses. Owners have to account for staffing issues, lack of capital, inventory, and insufficient personal time. And while 81% of the small businesses surveyed feel confident that this season will be a success for their business, only 27% reported not needing additional financing to get through the holidays. Forbes also noted,
“For owners needing capital, 81% said they would need $50,000 or less, with building inventory (56%) and boosting advertising (28%) being the most common needs for additional financing.”
“For companies seeking additional capital, the survey found that 44% of small businesses cited credit lines as the top source they would consider.”
Non-traditional funding can provide quick cash flow solutions and help business owners deal with holiday season expenses. Don’t stress over your business bank account during the holidays. Apply today and secure funding in as little as 48 hours!