All You Need To Know About Mantis Funding Cash Advances
Alternative lending options such as a Mantis Funding Cash Advance are best for those businessmen who are let down by the traditional funding institutions like banks. Small and medium scale businesses where mostly the income is generated through card swipes are considered best for approvals. It is so because the cash advance is provided in advance whereas the repayment takes place on the basis of overall sales.
Also, the repayment cost structure is extremely flexible as per the business so that the business owner does not feel any burden or stress due to the money. It is absolutely the business owner’s choice whether he wants to repay on a daily, weekly, or monthly basis and the same is agreed in the contract with the alt-finance company.
Such non-bank funding companies are also preferred by entrepreneurs because their approvals are based purely on factors such as future revenue, income stream, expense patterns, social media behavior, etc. and not just on credit scores or collateral like in case of traditional lending systems.
Moreover, as customer service is a priority, renowned companies have provided a dedicated platform for all your queries and doubts like the Mantis Funding Complaints team. Here expert advisers help you in resolving all your issues and queries related to your deals in a short period of time.
Small and medium scale business owners go for a Mantis Funding Cash Advance mostly when they are planning growth or expansion and require some money to implement those plans. As mentioned above, unlike banks, these non-bank financing companies support the growth of small and medium businesses by approving their funding applications without much hassle on the basis of their revenue stream as well as a business model.
These factors also help in considering the repayment terms so that the deal works smoothly for both the lender and the borrower. The alternative financing company might also check for the level of risks involved in the business while settling for the repayment terms.
So, to apply for a hassle-free cash advance, say from Mantis Funding, all you have to do is follow a simple online application process. Moreover, you do not even need collateral as you do in the case of traditional lending. Once you apply for the funds and provide all the necessary details about your company, a professional advisor will get in touch with you shortly after reviewing your application.
This conversation helps the company understand your business model, requirements, and risks involved. Once the adviser gets all the answers from your end, he creates a deal that is tailored exactly as per your business needs. If you agree with all the terms in the deal, the agreement is signed and the cash is wired into your account without any delay.
In spite of such an easy, fast, and flexible application process, you might come up with doubts or questions regarding the deal. But that’s nothing to worry about as the Mantis Funding Complaints team will make sure that all your questions and doubts are encountered right away. Thus, funding through alternative lending can be a savior of your business when none of the banks come forward to help.