Small businesses grow due to numerous driving forces such as favorable market conditions, changes in the competitive landscape, and the addition of new locations or product lines.
But there’s only one reason that a company takes hold and explodes: Knowing your target customers and satisfying deeply-held needs—ideally, both tangible and emotional.
To me, that’s the BFS Capital story in a nutshell. Years before the recent recession reduced the flow of small business capital to a drizzle, we were busy getting to know small business owners, their dreams for their businesses and what they needed to achieve them. It was clear that access to working capital was the number one need in business sectors across the U.S. At some time or another, small businesses need cash, period. Growing, thriving—even surviving—frequently depend on the ability to quickly get an infusion of working capital.
Even then, a decade ago, many small businesses fell outside traditional lending criteria. Were they not entitled to a shot at the American dream, too? What if access to capital at just the right time could make all the difference for these businesses, whose owners had already invested so much of themselves in them? In many, many cases, that’s exactly what happened. We recognized this and have met the need, time and time again.
Fast forward to today. Small businesses need capital more than ever. But, traditional lenders have turned their backs on them, frankly, to a surprising degree. The ever-widening gap between what small businesses need and what traditional providers are offering has ushered new lenders into that space. BFS Capital has been there all along, and now we’re meeting small businesses’ needs all across the country.
In fact, we’ve started offering our small business loan products to business owners in all 50 states. We saw the need and understood that it did not have geographical boundaries. Businesses in all parts of the country, in cities and towns large and small, need capital. And, they need some flexibility and options, too. This is why we offer both small business loansand merchant cash advances, both variable and fixed payment alternatives.
Not only that, but small businesses also need to work with responsive providers who make it easy to do business with them. We’ve always known this about small business owners, who often have difficulty submitting reams of records and paperwork just to apply for a business loan and who simply cannot wait months for funding. We’ve met business owners’ needs for simplicity and speed by making the whole thing as easy as possible (A simple application gets the process started) and by providing funding in as few as five business days!
Obviously, those are the tangible needs, which BFS Capital meets in spades. But, we also get great pleasure in knowing that our business capital solutions also help satisfy small business owners’ emotional needs to grow their businesses, meet tough challenges, and carve out a piece of the American dream for themselves, their families and their communities.
That’s why BFS Capital is now taking our loan product to all 50 states—and why, as a source of business financing, we’ve really taken off!
Give us a call at 866-905-4334 or click here to start growing your business – your way!